$ZEC - Retracing to Bullish OB Then Attack Liquidity Above *SMT**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. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry: 92.3-92.5
Stop Loss: (88.5-89.2 Depending on Broker and how much your willing to give up below the Bullish Order Block)
Take Profit 1: 96.3-96.4 20-25% of profit removed here (Move SL to 90)
Take Profit 2: 97.4-97.6 (Bulk of the trade off here up to 85%-98% of the trade, move stop into break even)
Take Profit 3: 99.5-99.6 (127% Extension meets the Fair Value Gap Above the equal highs/Liquidity Line
On the Hourly it appears that after price had broker the structure of the lower dealing range, it retraced back down to the breaker of that range and continued up until it hit equal highs with the price before th major drop off. These equal high are creating artificial Liquidity meaning that most traders who see the equal highs automatically think "Resistance" It may be met with some resistance but smart money or Institutional traders know that there are retail traders that have their shorts sitting there with, most likely, a short stop loss.... Or a buy stop with a short stop loss. I see this everytime, The price will come trigger the buy stop people and to take out the SL of the people Shorting with a limit, then it falls more to take the buy stop traders SL out, then continue up to find an imbalance or liquidity. And there's an imbalance at exactly the 127% extension.If there's a slight chance that doesn't happen I do have multiple take profits set up, but more than likely this will be the scenario. I've seen play out so many times that I know there's players in the room with large amounts of money able to manipulate the charts right when they want to. If this doesn't Happen, I'LL be Surprised.
Good luck and happy trading :)
Ictstudent
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*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. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT
$TRX - 3 Confluences To Short It *Smart Money**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. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry 0.0806 (Already Entered but we have a long way to go so enter soon)
Stop Loss: 0.0847 - 0.085
Take Profit: 0.073541
If you look at the Daily Chart My entry is based upon the Bwearish Order Block (Bottom Last daily green candle before the high). As price seeks liquidity or imbalances, I believe its heading for the imbalance in the 4 hour chart, The fair Value Gap And then if ypou look at the 4 hour theres a Fair Value Gap at 0.073541, Near this same Price is the Discount Price in the Dealing Range (Dealing Rang Example ,
Discount Price is 61.8% of retracement)
Also in this same area is a bullish order block on the 4 hour
So thats the 3 Confluences. 1. Fair Value Gap (4HR) 2. at the Discount Price of the Dealing range (Daily Chart) 3. Which is also at the Bullish Order Block (4HR).
This is where smart Money would be aiming to buy up more TRX at a discount price as it goes past two areas of relatively equal lows on the 15 min chart where most retail traders stay.
They'll believe these to be Support Lines, when it's a false sense of support as Smart Money wil drive the price deeper just to buy Cheaper.
Good Luck and Happy Trading BINANCE:TRXUSDT
BINANCE:TRXUSD
KUCOIN:TRXUSDT
OKCOIN:TRXUSD
COINEX:TRXUSDT
#XMR - Remins Bullish Aiming for Equal HighsI entered around 190, BY THE timr I posted this it was already 194. In tough timers, look to monero to get you out from under. I've been scalping BTC and ETH. bUT Longing Monero aklways at thje right time. Started with a $100 account for fun in futures, nit at $449 in 2 wees.
Now, a larger time frame it did get rejected zt bearish order block (Chart in messae) fahard but rebounded even harder. There's Natural iquidity sitting above the doyble eual highs. That.s where U believe you can take A BULK of you positino off and continue to see where the trade is headed.
HTF CHART
I don't think ETH amd BTC have hit their lows yet, But Monero will be the one to watch as it continues to climb.
JOURNAL ENTRY 5 FOMC NAS100 TRADE BREAK. READING THE TAPE this trade taugh me how to look beyond the noise.
-fomc isnt easy to trade
-nas gave us a beautiful judas swing
1. it first gave us a bullish run attacking the highs from 10 am
2.then quickly turned and and cleared SSL of consolidation of 12-1:30
- DURING THE RUN ON ssl was purged it ALSO mitigated the gap from 6:40 am. {5min chart}
i would have missed some of these anotations for sure.
im still learning so it was great to go back and watch price behavior during news.
evrytime i do these recordings i get better.
these markets will become my atm machine one day.
I KNOW THAT FOR SURE
journal entry 4--xau breakdown 5-25-2022xau didnt fall exactly where i was fishing at, but it gave us the sell move after purging the highs instead to grab buyers in the market and flush
-i learned to be aware of our market conditions,
-dont marry a entry level. there are multiple things that may happen first before you get your set up
GOLD LONG IDEALondon open manipulation and a re-accumulation of longs. Since it's Friday, maybe we could go higher before any melt lower for a reversal. Most short ideas have been invalidated previously.
I'm taking longs to a final target of 1855.52.
I anticipate a run higher rather than a sweep on the relative equal highs.
My stops are below the lows. let's observe and see. Price is currently at the equilibrium of the expansion higher and possible for a continuation higher. the manipulation may be uncomfortable. If the price continues with a gradual move higher, it is possible that the trend may continue bullish.
1H confluence for the continuation.
$BTC - Just now hitting Discount - Long Term, this is a pullbackFROM THE MOST RECENT LOW TO THE MOST RECENT HIGH, ON THE MONTHLY BASIS,THAT IS HOW YOUR FIB WOULD LOOK. We're just now hitting the discount price at the 61.8% retrace. However, in the market maker sell model, it aims for an area that there's an imbalance in which we haven't spent much time trading within. That would be the monthly gair value gap between 27,800 and 19,000.TRhis is the area Price is aiming for and may consolidate in for a while. Once it is done we should see a return back to the bullish market (wE'RE STILL IN A BULL MARKET BTW) It could take 3 months like it did last summer, or it could take two weeks.
The main thing is that it shouldn't close (Monthly or weekly) below the 19,500 mark. If it does, we're definitely in a bear market at that point and expect a continuous fall. But if it dips down to 16-15k, I wouldn't be surprised to see it turn right back around and comme up to 20-22k and close in the region (weekly or monthly)
around 21,400 there is the median of the monthly fair value gap, also above is a weekly fair value gap, and just below is a daily bulllish breaker. This is where my eyes are set for price to go before a reversal happens.
Stop freaking out people it's not the end of the world. It's called a pullback. Smart Money will help you in developing these ideas so your not selling off everything you own. You need to know how and when the market is timed and what it looks for. 1 It looks for Liquidity and 2 it looks for i mbalances. This area seeks both. It couldn't be amny louder and more apparent
Keep on keepin on
$APE and Your Fib Matters - Price at premium to sell *SMT**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. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Start thE 0% of the fib at the candle that has the big drop that is the first out of line of running sideways. Run your fib 100% to the bottom, price has retraced to an institutional premium in whic it should then Sell off. This is TEXTBOOK SMART MIONEY TECHNICAL ANALYSIS
Previous Listing Deleted (odd text got on the chart somehow)
$BTC - Fill 4 HR FVG - Bullish Scalp to Bearish OB - *SMT**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. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
According to SMT price wants to fill imbalances, there is a current 4 hour imbalance in the chart and it stops near 36,000 (Just below) So I gave it some wiggle room for entry after it fills the imbalance it should start a bullish move until the price level hits something the algorithm will remember, such as a bearish order block. A bearish order block is your last bullish candle before the bearish candles close below the bullish candle. The beginning of that bullish cand will be the bearish order block. That is what I think will happen to this chart. It will drop and fill the imbalance and pull up to the bearish order block. All you need to make a money in this game is to see that possibility and put a decent lot size on a futures trade and trade with about 10-15x leverage. You can easily pull off $either $5 or $2,000 depending on how much you have in your account and how much you want to risk. But these types of setups should be easy to spot and easy to capitalize on. It will act as if it wants to continue bearish after filling the imbalance but that is to get retail traders in the trade selling short so smart money can they take it north, ripping the money out of the short sellers pockets and into theirs. Think like them. This is how I would play it if I were an institution.
This is not trade advice. This is simply an observation of my experience and my training in Smart Money.
COINBASE:BTCUSD
BINANCE:BTCUSDT
BITSTAMP:BTCUSD
BYBIT:BTCUSD
GEMINI:BTCUSD
CME:BTC1!
INDEX:BTCUSD
CME:BTC2!
US30 long ideaWhile the market structure confirmed bullish yesterday, I expect the price delivery to continue bullish towards FOMC meetings. I anticipate the move to be already priced in. However, if bullish price action continues, expect a deep retracement lower with the news, before a continuation higher. If you observe the pattern formed on the 15M, an inverted head and shoulder has been printed despite being in a range. this 2nd leg could be the accumulation of long positions for a draw to at least 33532 with a safe target at 33457
Long term target is 33532. safer target at 33457
US30 short ideaWhile the market structure has shifted bullish, I expect a retracement lower to potentially fill the FVG on the 15M.
The price delivery lower may be paired with smart money longs for continuation higher in NY,
My expectation is that London Session may provide the temporary high of the day before NY with a possible reversal in NY for a continuation higher.
My target is 32770, with stops at 33308.
What to watch out for, a possible reversal in New York.
$APE - BoS on 4HR -Long at Order Block *SMT**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. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equasl Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
APE has been all over the place lately. However, with Smart Money theory, we canb digest where this coin is going next. On the 1 hour time fram it looks as if this is going south. Buit larger time frames Trump smaller ones. The 4 hr time fram has a break of Structure, meaning that the 4 hour candles close higher than the previous highs close. The Wicks do not matter, the closes are what matter. And with the 4 hour closing much higher, this is a bullish sign to the chart. Therefore according to Smart Money theory, we should see a bullish move at the order block which it has just entered. the order block is the last bearish candle prior to a bullish candle that closes above it.
(P.S. I Found a great indicator for Smart Money Markings. Search for "Super Order Blocks / FVG / BOS TOOLS" in the "Indicators" section and that's the indicator, you'll see they've coded exactly how I normally make my charts. I copied the code and changed a few thingas in the codie to my liking and renamed it ICT TOOLS anmd left the original authors of the code in the name)
So it has entered the order block and it can go as far as the bottom, however, it really shouldn't go past the median of the body of the 4 hour bearish candle, which is where the prange box is, in all honesty. If it does it could be more bearish. I do not believe this will be the case. So I'm Longing it here and aiming for the first high just prior the bearish order block.
If you don't feel comfortable with the full take profit area, I have marked 3 price points in which you should be able to safely take a little profit at each one and move your stop loss up each time you hit one of these take profit points here is the chart the the take profit price points
We'll just have to wait and see if I am correct on my assessment
Cheers
$BTC - To Long after breaking short of sell side Liquidity *SMT**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. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers price levels, that's it. 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 remember is price will move toward attacking where there is Liquidity (Equal Highs, Equasl Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Bitcoin created a short term low within a 4 hour fair value gap yesterday. Was suspicious that it would break lower, fill the GAP and turn bullish, whi it has somewhat done already but there is time to stuill jump in as it is at a low point, but we didn't make a lower low overall. Exit Strategy would be a short-term fair value gap discount.
NOTE: as a smart money technical analysis, My chay, lsart is full of boxes and rays, I apologize if I do not have any of them properly marked but the boxes usually represent an imbalance on a larger time frame (4 hour , Daily) that price is attracted toward filling. It has currently filled the 4 hour fair value gap which is another reason I believe it will long from here. Plus it's Sunday, last day of the week the weekly candle will be finishing up it's formation which I believe the price has cam close enough to the bullish order block on the weekly that we should see bullishness, However there is a possibility that it drops into the price range of the body of that last red weekly candle below current price (38,400 - 37,700)
US30 Bullish this weekUs30 is sitting in a significant level on the daily timeframe. The hourly is saying bulls might me getting ready as price is sitting in discount of the range. Would like to see a bullish reaction from the annotated orderblock.
Happy trading.
US30 LONG IDEA LONDON SESSION intradayUS30 long idea. taken multiple positions with partials taken along the way.
There is possible anticipation of a move higher with my final target at 34049.
stops at 33563.
For a detailed thesis, DM for more
US30 short ideaUS30 continuation lower to sweep the consolidation. Using fib for targets at 0.5 and potential run on the Previous Day's Low.
NAS100, short idea.Price is at Equilibrium from the intermediate-high to the low made on the Previous Day. We have purged the Previous Day's High in Asia triggering Buyside liquidity. Long-term bias from the Daily is bearish. I anticipate London Open to deliver price lower to targets below the short-term range made on Monday.
used FVGs for potential targets and 5M for final target