Smctrading
CTSI Buy/Long Setup on 1H TF (Swing)Elliott Wave 1-5 has been plotted and we are waiting for an ABC correction pattern. However, a BoS and CHoCH have been plotted as well. We can take a risky LONG here with the retracements for our planned take profits as follows:
🚪Entry: Current price
💰Trade: Cross 10-15x (2% of capital)
⛔SL: 0.2255
🎯1: 0.2592
🎯2: 0.2660
🎯3: 0.2757
🎯4: 0.2881
USD/JPY Potential Forecast|HTF Analysis| Wednesday 26 April 2023Hi everyone!
-So the price on USD/JPY is telling us that we are currently in a bullish trend.
-USD/JPY have liquidity and imbalances below him so its the most probability that the price is going to grab them before moving up.
-Keep that in mind that not every huge poi will hold some of them will hold some of them will not but always ask yourself why did that poi hold and another don't.
-If the POI get respected and bounce from it look for confirmations and then enter.
XAU/USD Potential Forecast|HTF Analysis| Monday 24 April 2023-Huge Demand zone on XAU/USD can correct the trend and continuous to shift bullish.
-Gold have a lot of liquidity and imbalance below him so that will be the most optimal thing to grab before moving up
-Keep that in mind that this poi can be respected or it cant be I am saying that because smc cant always work there is no 100% strategy in Forex market, there is no correct way of trading.
-If the POI get respected and bounce from it look for confirmations and then enter.
I wish you good luck.
NZD/CAD Potential Forecast |HTF Analysis| Thursday 20 April 2023Hi everyone !!
On NZD/CAD we have a huge demand above. Because overall structure bias is bearish and that can confuse a lot of the traders if the price starts to reverse.
The Demand (POI) market on the chart is on a daily TF so it can mean that whoever buy from this it can buy again and make trend reversal.
Every time you place a trade make sure that your confirmation is confirmed with your system/trading plan.
Good luck!
EUR/USD 20th April - top downDaily top - down analysis of price action on EURUSD for 20th April 2023
Intention of this video is to focus on my analysis, express my thoughts out load and get myself out of my comfort zone.
I hope no one sees this recording and I can peacefully improve in my analysis and trading.
I trade SMC concepts on EURUSD only.
📊 Smart Money Concepts: A Market Structure Showcase 📍What Is Smart Money?
Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by gamblers with a track record of success.
📍Principles of Smart Money Market Structure in Order Block Trading
Price moves within a structural of support and resistance. A breakout of the structural of support or resistance will lead to price movement in the next area of the support or resistance. When the price broke market structure was high the low point becomes a strong low. Strong Low is The Low that caused Manipulation and Break Structure (resistance).
Fresh high in an uptrend and fresh low in a downtrend. Weak Low/High is the Low that fails To Break Structure
🔹For every strong LOW, there is a weak High
🔹For every strong High, there is a weak Low
After a zone is tested many times or during a strong move, Supply and Demand levels eventually break. Due to the remaining orders being triggered and gradually removed, or an overwhelming number of orders in the opposite direction breaking the level.
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