📊 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.
👤 @AlgoBuddy
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Marketstructure
TOTAL chart analysis + 10 ALTS TO BUY WITH ITS ANALYSIS !!Hello Dears,
- after yesterday correction, bulls were able to hold the bottom of the channel and that will give us a chance to make some profits again through long positions
- you may early enter Alts now before the breakout of the channel but please use a proper risk management strategy
- or you can wait for a confirmation and ride the wave
- here are some trades that are still in our buying zone
MBOX | Very clear trade setup
COMP USDT | two trade opportunities !!
MATIC | Possible crap pattern
UNI | Time to break the consolidation phase
FET | Bullish flag breakout confirmed ✅
MAGIC | Massive Ascending triangle !
APT USDT | Triangle Breakout !!
#COCOS/USDT | full details trade!
ACAUSDT | ready for a bullish impulse
Maybe you can fill your bag now 😁
Don't forget to leave like, your support is really appreciated!!
📈🚀 Bitcoin's Wild Ride: Rebound and Crash Predictions 🔮💣Join our latest analysis 🧠 as we predict Bitcoin's short-term rebound from HKEX:29 ,200 to HKEX:31 ,700 💸 and an upcoming sharp decline to HKEX:22 ,000 😱 after market liquidation. Stay ahead and trade wisely! 💰📉🔥
#BitcoinRebound #CryptoCrash #BTCAnalysis #TradeWisely #CryptoPredictions #MarketLiquidation #BitcoinDrop #CryptoAlerts #InvestmentTips #HODLorSell
EURCAD I Approach key reversal zone Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURJPY IDEA FOR SHORT AND LONGHere is 1hr timeframe on a EURJPY pair,my personal bias is bullish andbearish depends how will price react,if it breakes 146.650 i will wait for retest and that would be a BOS for me,that is Break of Structure,and if bulls manage to break above 147.700 i will wait for a retest and a buy to 149.600
Canadian Dollar/Swiss FrancThese are levels that I'll be keeping an eye on when dealing with $CADCHF, and I'll revise as price action progresses.
I adapt to the change in money flow.
I do not trade this particular pair. However, I analyze multiple assets across numerous financial markets for muscle memory purposes. Feel free to watch this play out to my levels along with me!
Any questions, feel free to ask.
"G" did "U" see that?Gee, golly, did you see how long it took for this trade PEPPERSTONE:GBPUSD to exit drawdown. It was only this morning after a long week of drawdown, and a even longer weekend of backtesting, the results are in! We set our stop loss, and allow the market to work. I have officially earned my very first $100 ever on the markets. According to my trading journal, my account is now up 58.24% in the month of April. Although trading this pair was not the smartest decision of mine. Learning how to trade has been the best decision I have ever made. Once I started taking this seriously, I am starting to witness the small results start to show: from learning price action, risk management, and fundamental analysis. There are so many elements into a being a professional day trader, and I am here for it. The biggest lesson I learned from this trade, was not to be emotional in the drawdown. If I cannot afford to lose $100, I cannot handle earning $100. A second lesson I have learned is how to simply read candlestick patterns. Third and final lesson of the day, was how to identify a divergence, these lessons, are exactly WHY I entered, and held the trade as long as I did, but from now on, I will stick to my trading plan, get in, and get out!
In conclusion, I'd like to share my trading journal entry..
DID I FOLLOW MY PLAN?
Yes. I exercised my 5 step trading strategy.
WHAT DID I DO WELL?
1. Set My Stop Loss (Take Profits) in profit.
2. Traded the pair in a new session.
3. Exercised good risk management, by setting a stop loss.
WHAT CAN I DO BETTER?
1. Allow price to test my zone before I enter a trade.
2.Cut My Losses Short Early
3. Stick to trading in my selected session! (London)
WHAT DID I LEARN?
1. Cut My Losses Short Early In The Future.
2. Patience and Virtue
3. How To identify a divergence.
DID I PREPARE PROPERLY?
NO, I entered a trade with a high lot size without reading fundamental analysis on the pair first.
I also did not set my price, and wait for a confirmation.
Moving into Weekend 🏖️ Weekly Candle Pulling back As mentioned in yesterdays publishing, we were anticipating dollar strength moving into NFP. The market structure was a bit awkward moving into NFP with price consolidating testing to see if it
could hold 1.0918 as support. We punched through back to 1.089 with NFP data. Took advantage of these intuitions for the better then consequently ran into risk management issues. Nonetheless we have seen great sell opportunities these past 2 days to end the week and I'm not surprised. Moving into the weekend I think the weekly candle can cointinue to pullback and potentially gap down as we open next week. I've been talking about 1.0918 frequently as it will act as our Fakeout level on 4Hr Timeframe if we are right. If we are wrong, will range and ultimately like the bulls to do a solid break and retest above and beyond 1.0918. Have a good weekend.
📊Market Structure Breakdowns Pt.1Not every pattern or indicator is a confirmation that you should enter a trade. Understanding the market structure is key and in these series we will explain how to read a Bullish and Bearish market structure formation with multiple indicators/strategies and what you should look for before entering a trade. The markets are either trending up or down until they experience a reversal in the opposite direction. Do not fight the trend, trade alongside with it's direction until a confirmation of reversal. It is not about being right, it is about trading on the correct side of the trend.
📈Bullish Market Structure
A bullish market structure is characterized by a series of higher highs and higher lows, indicating that buyers are in control and there is a strong demand in the market with a strong upward momentum. Connecting the swing lows and swing highs will be a clear indicator of bulls pushing the price higher on each level and flipping the previous resistance into a support zone. A good way to trade a chart pattern such as a falling wedge, is to wait for the price to reach around the zone of support. That will indicate the end of the pattern and will give the best possible entry. To have confirmation of this, make sure that you are looking at the volume. When the end of the the falling wedge approachses the previous resistance turned-into-support, you should see volume coming inside the market to push the price higher. One key thing you must understand is that when resistance lines are crossed, they become new support and the cycle repeats until the trend break.
📉Bearish Market Structure
A bearish market structure in the other hand, has a series of lower higher and lower lows, indicating that the sellers are in control and there is a strong downward momentum in the market. In this case, we will be looking for short opportunities. The same confirmation of a short is the selling pressure that can be characterized by negative delta volume. To confirm a trend line as true, it should have at least 3 touches where the price rejected from back into a support zone. The market structure is not symmetrical, with perfect patterns that completely respect each and every line you draw. Most patterns and indicators look asymmetrical and have a skewness and you should adapt to it. The big players are waiting for you to place your stop loss right above your trend line or pattern then push the price right above it so you close your position and they get their orders filled to push the prices lower. Stop hunting is one of the most important things you need to understand, until the market makes a Higher High of an important level, the market has not changed structure and it's still trending downwards.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️
EURCAD I Follow the market structureWelcome back! Let me know your thoughts in the comments!
** ERUCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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BTC LONG POSI'm just a beginner in trading with main concepts of ICT in crypto market.
As you can see we are having a inverse head and shoulder pattern which signals us for a long position. We expect to have a market structure break so that we can enter position on the red line.
We can enter on retracement after the msb.
For now let’s wait for the candles to materialize.
We are targeting HKEX:29300 liquidity sweep which has a weak buy side liquidity.
We can assume that HKEX:29500 is the max targe. But again let’s wait for the confirmation of msb.
Possible Reversal On GBPUSDHello folks, what do you think about GBPUSD?
I am anticipating price to dig down heavily after the pullback (area of value) is complete.
My analysis is based on two tfm: D1 and the 4hr tfm.
* Open your chart on the D1 tfm, most recent candle went all the way up to our main area of value (Supply zone) and got rejected forming a clear pinbar candle pattern which give a reversal signal.
* Same or similar pinbar candle pattern happen on the 4hr tfm.
* On the 4hr chart, there a breakout on our trendline, and now we are only wait8ng patiently on a pullback and sell the market.
Again, I can only trust my analysis, but one thing for sure... trading is a probability game and the market can do anything it like.
Much love
NZD/CHF sell setup 70 pipswe clearly see price is heading to the downside, price action respecting the daily timeframe and fib level of 50% and as we mark down in lower timeframe we clearly see price is respecting the resistance and nice momentum to downside
Nice risk to reward
Follow me more update