Simple charting of HOW we should READ the MARKET/PA/ETC!! Focus not just on the structure(PRICE), but also TIME. We need to approach the market as if we are DOCTORS having OPEN Surgery..Each blue b0x is 6 h0urs, study the FL0W EACH 6H0urs then APPLY the FRACTAL "doubling down theory" Im SELLING MNQ1! the whole week unless proven wrong then I'll catch a trade next...
Good day traders, Im Looking at the weekly profile to get into a short for the weeks ending, and possible high chance of Bearish reversal and making off the weekly high. Market has been building alot of SSL without a big retracement yet. Price took BSL bigger timeframe, that was a high probability for the market to grab for a long time now. Was acting as (fake)...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to...
*SMT* - Smart Money Technique - This Means we don't base our technical analysis off trendlines, channels, harmonics, double tops double bottoms, or anything retail has ever taught you. We go off where the liquidity is likely to be setting so that smart money would be going after it to trigger the buy/sell limits and take them out with short stop-losses or chasing...