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Smcconcepts

Could this be the fall of the Dollar???The dollar is about to break the last significant structure on the monthly time frame. We have seen the dollar dropping over the last few months after its reaction from the last swing high. Market structure shows price creating lower lows and lower highs which are confirmed by endless BOS. We can see a clear 11min OB has been left from the last low that price created once it tapped into the 18h demand which may allow us a buying opportunity to buy the dollar up to the 1h supply where we will continue to see it fall to it's untimely demise. previous price action from this 18H however, didn't create much movement despite the fact it also took ASL liquidity possibly suggesting buying power in the market has no strength what so ever. We have to also consider the possibility price may not even be able to push back up but rather fall targeting the Asian lows as this would be considered a magnet for price movement.
TVC:DXYShort
by JamelCapital
AUDUSD 0.67582 -0.09% SHORT MULTI TIME-FRAME ANALYSIS + DXYHELLO TRADERS Hope everyone is doing great 📌 A look at The AUDUSD At the close of ASIA GOING INTO THE LONDON, TO NY PM SESSION * With a bullish run into Monday CLOSE ( PO3) today will be looking for some retracement. * looking at the daily last week Friday failed to take high which is a sign of weakness on AU alike with EU & GU. * Looking at the +FVG below as targets as well. * on the 4H looking for a bullish open to take ASIA high LQ. * PO3 * Push higher before going for lower structures. * AU sweeping the ASIA HIGH. * Looking for an AGGRESIVE MOVE back into the range. * this where I would look for entries short. * Looking for the take of that ERL. * with two possible OTE ( ASIA HIGHS, AND LONG TERM HIGH) , EXECUTION IS BASED ON RR & RISK MANAGEMENT. * DXY 4H - Will wait for the DXY to take ASIA lows and trade back in the range as a confirmation as well... * BASED on the price action served next session... * We will see what does the market dish. 🤷‍♂️😉🐻📉🐮📈 HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Short
by PULEMokhothu
9
EURUSD 1.11305 -0.02% SHORT MULTI TIME-FRAME ANALYSIS + DXYHELLO TRADERS Hope everyone is doing great 📌 A look at The EURUSD At the close of ASIA GOING INTO THE LONDON, TO NY PM SESSION * With a bullish run into Monday CLOSE (PO3) today will be looking for some retracement. * looking at the daily last week Friday failed to take high which is a sign of weakness on EU. * Looking at the IFVG below as targets as well. * even though the -OB is violated looking for a retracement. * on the 4H looking for a bullish open to take ASIA high LQ. * PO3 * Push higher before going for lower structures. * looking for an aggressive move above out of the range to sweep. * and aggressive in. * this where I would look for entries short. * Looking for the take of that ERL. * with two possible OTE ( ASIA HIGHS, AND LONG TERM HIGH) , EXECUTION IS BASED ON RR & RISK MANAGEMENT. * DXY 4H - Will wait for the DXY to take ASIA lows and trade back in the range as a confirmation as well... * BASED on the price action served next session... * We will see what does the market dish. 🤷‍♂️😉🐻📉🐮📈 HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Short
by PULEMokhothu
10
NQ Premarket 15 min Targets and markups - SMC SMC premarket mark up at 15/1 levels. Note the DVI in aqua. Currently my eyes are on the upper BSL resting from REH at overnight highs. Monday is fickle - we have potential monday hangover. Friday did not reclaim any of the bull move - so the 25% drop is in mind. Personally not interested in this today. Main target above is still in sights - that obvious 925 area on the new DEC contract. NWOG and NDOGs are out for me with new contract so will use HLOC of days looking back 3-5 for now. Lets see how Monday goes.. Sl bias UP but only gonna hop in trade on this Monday if it is a great setup.. Happy Trading -- Doc
CME_MINI:NQZ2024Long
by docholliday
NQ Sep 16 Targets, gaps and SMC setups premarketThe new week is about to open.. Primary target for the week is that CLEAN upper zone at 925. on the new Dec contract. We have Short term interest above but we also never reclaimed any of the Last week bull move.. so we have a MONDAY HANGOVER possible situation with the 25% mark retrace of the bull week marked as a line in the sand below. Monday and no news.. unlikely to move that much, but worth marking it out. Best looking target to me right now is the OVERNIGHT HIGHS REH, should a good set up arise. WKLY FVG is just below and attractive to move there during the premarket. Happy Trading - Doc
CME_MINI:NQZ2024Long
by docholliday
GBPUSD 1.30424 0% MULTI TIME-FRAME ANALYSISHELLO TRADERS Hope everyone is doing great 📌 A look at The CABLE from HTF - MULTI TIME-FRAME ANALYSIS GBPUSD DAILY TF * We've had 3 weeks of bearish close on GU. * ERL TAKEN looking for IRL on the weekly. * The weekly & daily TF show we are still showing signs of a bearish move. * But seems we may see continuation with the bears On the D. * GBPUSD took External range LQ , looking for that internal range LQ to be taken(W FVG). * We are trading in discount of the move,This is where I would be looking for long entries. * With PO3 looking to open bullish to confirm a move lower into premium PD ARRAYS. GBPUSD 4H TF * looking for Thursday to head bullish into the -OB for a bearish week close. *open I will probably be looking for shot positions OPPORTUNITIES. * We will see what does the market dish. * 4H lookin for a push into the -OB (po3) to sell intraday . GBPUSD 1H TF * We saw a rally with the bears, strong momentum to the downside ON the 1H. * Looking at the 1H -OB + -FVG, this is where I would look for LONG entries this week. * Should this PD ARRAY hold will be Short for the GBPUSD. * BASED on the price action served this week. HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Short
by PULEMokhothu
14
XAUUSD Trading for 12 Sep 2024 Didn't manage to post my trade idea earlier but this is a sell trade I took earlier today after price took out the buyside liquidity and reversed from the 50% level of the long wick marked by the dark red line. Have closed my sell trades and looking for new opportunities. Still prefer to see price drop all the way down to take out the ITL (intermediate term low below. Note how XAUUSD have been stuck in a tight range on the weekly/daily which presents good opportunities to buy at the bottom discount or sell at the top premium.
FOREXCOM:XAUUSD
by ffxfighter
Two Roads to Profit. A Comparison of ICT/SMC and Advanced VSAHello traders and investors! When we start engaging in trading and investing, we get acquainted with various methods of forecasting price movements. Gradually, if we have enough persistence, strength, and patience, we choose our own path to profitable trades. Among the most popular approaches, we can highlight the use of various oscillators and channels, Dow Theory, Elliott Waves, Fibonacci levels, supply and demand, Volume Spread Analysis (VSA), market auction theory, and the Inner Circle Trader/Smart Money Concept (ICT/SMC). Many traders combine elements from different approaches into their trading system. I personally prefer a concept I call Advanced VSA. It’s a comprehensive set of tools that combines ideas from VSA, Dow Theory, and Supply and Demand analysis. The name "Advanced VSA" perfectly captures the essence of the method, as it is fundamentally based on analyzing volume and price spread. Recently, the ICT/SMC concept has been gaining more and more popularity. Today, I want to explore the similarities and differences between ICT/SMC and Advanced VSA. If there are any inaccuracies in my explanation of ICT/SMC basics, feel free to correct me in the comments. Perhaps after reading this article, you’ll be able to decide which approach resonates more with you and which one you believe will help you in your trading. I hope this will be helpful. Let’s dive in! Basic Differences Before diving into the technical details, let's first clarify the key differences between these concepts. Who Controls Price Movements The ICT/SMC concept assumes that price movements are controlled by large players, such as market makers, who direct prices in the desired direction. This is similar to a model where one "center of power" determines the market's direction. In contrast, Advanced VSA is based on the idea that two forces influence price — the Buyer and the Seller. All analysis revolves around the interaction between these two sides, creating a more balanced model where both forces are equally important. Traded Volume The ICT/SMC concept does not use traded volume as a part of its analysis. In Advanced VSA, volume is an important factor. It is considered an integral part of the data that helps to understand market processes and the actions of participants. Now let’s move on to a detailed comparison of the elements of these concepts. What They Have in Common Both concepts teach traders to identify price ranges on the chart where a large player (Market Maker in ICT/SMC) or a Buyer (in Advanced VSA) shows interest in buying, and ranges where the Market Maker or Seller is interested in selling. When the price returns to these ranges, traders can execute buys or sells. We can call these price ranges contextual areas for buying and selling. Neither concept relies on technical indicators. Instead, they focus on the following key terms for identifying the trade direction and the trade entry point: Trend Trend break/half-trend Trend confirmation Accumulation/Distribution/Sideways movement/Flat Contextual areas for buying and selling The first four terms help determine the direction of the trade, while the fifth helps identify the entry point and the likely target of the trade. Both methods suggest using higher timeframes to find contextual areas and lower timeframes to find entry points within those areas. What Are the Differences The differences between the concepts lie in the interpretation of key terms. For the first four terms (trend, trend break, trend confirmation, accumulation/distribution/Sideways movement), the distinctions are minor and relate mostly to specific interpretations. However, the main differences arise in the rules for identifying contextual areas of interest (buyer, seller, or market maker). Let's look at these differences in more detail. Difference 1: Use of Volume In ICT/SMC, contextual areas of interest are determined solely based on price action and candlestick patterns, without taking traded volume into account. In contrast, Advanced VSA sees volume as an integral part of the analysis. contextual areas of interest are identified by both traded volume and price behavior (candlestick patterns). If there was interest from a buyer, seller in a specific price range, leading to a price change, it's logical to assume that the volume traded in that range should be higher than in previous periods over a similar timeframe. To illustrate the importance of using all available data for analysis, consider an analogy with choosing the best time for a seaside vacation. If the decision is based only on water and air temperature, while ignoring factors like wind or rainfall, the choice may be misguided. For example, choosing April for its comfortable temperature might result in encountering constant rain and high waves. Thus, in Advanced VSA, volume plays a crucial role, whereas it is absent in ICT/SMC. Difference 2: Types of Contextual Areas of Interest In ICT/SMC, the following types of contextual areas of interest are used: order block, breaker, mitigation block, and rejection block. All of these areas are formed by a specific arrangement of candles on the chart. In contrast, Advanced VSA operates with a different set of contextual areas of interest: effort, zone, and range (sideways movement). Effort refers to a single candle or bar that indicates significant market activity. Zone is formed by a sequence of candles or bars, taking into account their traded volumes. Range (sideways movement) is defined by a series of consecutive candles/bars where price fluctuates within a limited range, interacting alternately with the upper and lower boundaries of the range. It's only possible to identify which party (buyer, seller, or market maker) controls the range after the price breaks out and confirms the move. If the volumes align with Advanced VSA's criteria, order blocks and mitigation blocks in ICT/SMC can be considered as zones in Advanced VSA. So, not all order blocks and mitigation blocks will be considered zones in Advanced VSA. The breaker will be discussed separately, and there is no equivalent to the rejection block in Advanced VSA. Difference 3. Price Attraction Points In ICT/SMC, concepts such as fair value gap, liquidity void, and liquidity are used to describe price attraction points. In Advanced VSA, the terms fair value gap and liquidity void are not utilized. Most of the time, these ICT/SMC elements correspond to price interest points in Advanced VSA, such as effort. The term liquidity has the same meaning. Difference 4. Importance of Levels In Advanced VSA, levels play an important role in identifying trade opportunities. To understand the significance of levels, let’s first recall the concepts of trend and range (sideways movement). In both ICT/SMC and Advanced VSA, a trend is broken down into components, often referred to as impulses or expansion moves. A range, on the other hand, is characterized by its boundaries and the vectors of price movement between those boundaries. In Advanced VSA, important trading signals include the defense of a broken level or a price retracement to a level followed by its defense. In Advanced VSA, the defense of a broken level or the cancellation of a breakout (where the price returns back behind the broken level) followed by a defense of that level is considered a signal for identifying trades. This method helps traders spot potential entry points where either buyers or sellers to protect a key price level, giving more confidence in the direction of the market. The most important levels include the base of the last impulse, the boundaries of a range, and the test level of a zone. In ICT/SMC, there are no direct equivalents of these elements when it comes to searching for trades. However, breakers and sometimes mitigation blocks serve similar purposes to the levels in Advanced VSA, but the approaches differ. In ICT/SMC, trades are typically executed within the breaker or mitigation block, whereas in Advanced VSA, trades are found when a level is defended: buy trades above the level (supported by buyers), and sell trades below the level (supported by sellers). Additionally, Advanced VSA allows for trading within ranges, moving from one boundary to the other, as long as the boundaries are defended. Summary Despite the shared terms and similar approaches, there are significant differences between the two concepts: Number of forces influencing price movement: In ICT/SMC, it is believed that price is controlled by a single force, the Market Maker (MM). In contrast, Advanced VSA considers the interaction of two forces—buyers and sellers—as driving price movements. Use of volume in analysis: ICT/SMC does not take traded volume into account during analysis, while in Advanced VSA, volume is a crucial element for identifying market forces and areas of interest. Use of levels for trade entries: In ICT/SMC, levels do not play an important role, whereas in Advanced VSA, levels one of the possible places for identifying potential trade setups. Good luck with your trading and investing!
OANDA:XAUUSDEducation
by AlexeyWolf
2
EURUSD Swing ideaTaking into consideration that DXY index is bearish fundamentally and technically, And since EURUSD is heavily correlated with DXY inversely which means we are bullish on Euro. Technically : Euro was in correction for the last week or so, But this changed yesterday and extra confirmations landed today on the charts and fundamentally. We touched the weekly FVG and changed the trend direction after that leaving FVG in the discount zone and it present an ideal area to go long targeting old highs at least. Now expecting the price to correct toward the entry zone to take off again. I will update here once we reach entry to look for more confirmations in lower time frames.
Long
by Kmatar