SMC-ICT
ICT Concepts smart money concepts BTCIct inner circle trader. i have this analysis for btc, *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.. 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 Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Smart Money LONG | EURUSDJust been tagged into this position on EURUSD
Let's see if this can turn into a good trade.
Any questions feel free to ask
TRADING VIEW PLEASE SPONSOR MEI just want to stream for yall, i am trying to become a verified streamer with trading view but still nothing back from them pls help
GBPUSD short setupPrice has reached a optimal level in our daily fib range (0.705 ict level). Now we are looking for shorts adding orderblocks as confluence. We are still in a downtrend in the daily as the volume is still bigger on the sellside. I'd look for a sell entry as soon as the asian high has been taken out. Lower time frime confirmation or shift of structure should be considered for a higher probability. Trade safe!
Gold outlookGold has recently cleared sellside liquidity and a bullish outlook is forming. I can see it forming higher highs soon. Entries will be taken at around the levels marked. Can see the price staying above the 800 EMA.
ICT ConceptsSmart Money Concepts in Forex
Usually bigger players such as banks or institutional money, these traders are able to use their sheer size to influence the market.
This isn’t saying that the forex markets are corrupt or that institutional players have somehow gained inside knowledge over those of us in the retail trading sphere.
It’s just that with an understanding of market psychology and large position sizes that can move a market, the smart money is able to position themselves to really take advantage.
Banks aren’t in the game to lose and are primed for success.
Often at the expense of the retail trading crowd who we know are often crazy enough to try and swim against the tide.
Smart Money SHORT | AUDCADLooking at AUDCAD
We are currently at a Daily level of Supply
Been waiting for this current level to be broken for a while and we currently seem to have that intent to the downside at the HTF OB.
Will be setting a pending order on this trade soon as the spreads go back to normality.
Lets see how price delivers from here
*** I am aware that we have also created EQH that may also be a target to be taken out *** But the intent to the downside was to strong to ignore for me so it will be a reduced risk entry
Any questions feel free to ask
Smart Money LONG | GBPUSDHere we have a long opportunity to the upside, based on this lower TF orderflow.
On the larger timeframe we are very bearish but we have some internal liquidity to be taken out to the upside before price continues potentially lower.
Lets see how price reacts.
Any questions please let me know
Smart Money LONG | AUDJPYLooking at AUDJPY
We have had a clear Re-Accumulation of the price before breaking the most recent level of structure.
Will be looking for sells at that 1H OB and will be looking to take price up to at least the 4H Re-Distribution of price to the left as first targets.
Any questions feel free to ask
Smart Money SHORT | NZDUSDLooking at NZDUSD
We can see that we have had a lovely distribution of price at a 4HR POI
Have set 2 pending orders on both orderblocks.
Lets see how this one plays out and see if we can get tagged in.
Any questions feel free to ask
Smart Money LONG | EURJPYAfter the hourly distribution to the left failed its time to look for longs at the re-accumulation zone that caused the re-distribution zone to fail.
Let's see if we can get an entry where we can look to start managing the trade at an hourly distribution zone to the left.
Any questions feel free to ask
Smart Money LONG | EURJPYLooking for potential longing opportunity at this level
We have taken the liquidity of the HTF EQL that was created and started to create a bullish structure.
Lets see if we can get a nice entry
Smart Money SHORT | EURAUDAfter the first position not working out I have these 3 other potential entry points for sells on the 15min
I will risk 0.5% per trade with a MAX loss of 1.5% over the 3 trades providing they are all tagged in and stopped out.
Let's see how price delivers over the coming hours and potentially tomorrow
Any questions feel free to ask
Smart Money LONG | CADJPYHere is the first attempt at CADJPY
I know I posted a potential long trade earlier and that price still stands, but we have an earlier opportunity that could potentially work
If this results in a losing trade we will then pursue the secondary entry point
Any questions feel free to ask
Smart Money LONG | CADJPYLooking at potential longs for CADJPY
We have finally had some buying intent with multiple breaks of structure, lets see how it plays out and if we get tagged in
Any questions feel free to ask
Take Care
Smart Money SHORT | GBPAUDLooking at possible shorts here for GBPAUD as on the higher TF price is very bearish
Lets just hope it don't go with out us
Market Re-cap & AnalysisLooking at some of the pairs i am looking at for the week ahead including
- AUDJPY
- AUDUSD
- EURAUD
- EURUSD
- GBPAUD
- USDCAD
Also re-capping a couple of the trades I took this past week
Any questions feel free to ask
Have a great weekend
Ben
Smart Money LONG | NZDUSDwhats your thoughts on this?
The equal high liquidity could be a perfect target for this
Smart Money LONG | EURJPYLooking at EJ
After a lovely impulsive move to the upside, we have now had a nice bearish order flow section (corrective section)
We have taken the liquidity of the upper trendline and some of the structure shelves to the upside. I would have liked the 3rd structure level to have been broken also but I will settle for the 2 as it tells me there is clear upside intentions.
I have a level on the 15min I am looking at for entries will have to wait and see how price delivers from here, it could be tagged in tomorrow or it could happen on Monday OR price might not get there at all, we will just have to wait and see.
Any questions feel free to ask
Market Re-cap & AnalysisHere i give you a break down of 4 trades that I took during last week
-EURAUD / Long
-EURUSD / Long
-GBPUSD / Long
and EURJPY / Long that i am currently still in
Currently down NET 0.5% for the week so not to bad, hoping the market can give us some entries for next week as there are a few pairs that look great to trade
List for next week is
USDCAD
XXX?JPY / Most of the JPY pairs are looking great for longs just need a bit more development in the market. So lets wait and see what the markets have in store for us next week.
Have a great weekend and a great trading week for next week
Any questions feel free to ask and i will get back to you as soon as i can
Take Care
Ben
