Get started

Smctrading

📊 Smart Money Concepts | Supply & Demand🧐What is Smart Money? Smart money refers to the capital that institutional investors, central banks, and other professionals or financial institutions control. It is managed by expert investors who can foresee market trends and make most of the profits. Smart money was originally a gambling term, where it refers to the gamblers that have extensive knowledge of the activity that they wager on or have insider information that the common public is not able to access. The smart money concept suggests that these investors can identify trends and opportunities before the broader market and position themselves accordingly. They may also be able to manipulate the market to their advantage by creating buying or selling pressure on certain securities. Some traders try to follow the smart money by analyzing the actions of these large investors through public filings, news reports, or other sources of information. However, it is important to note that not all trades made by institutional investors or large financial institutions are necessarily "smart," and blindly following their actions can be risky. 🔹 Supply Zone In trading, a supply zone is a price range where there is an abundance of sell orders, resulting in increased selling pressure and potentially a temporary resistance level. A supply zone can be identified on a price chart as an area where the price has previously reversed or stalled, and where there are many unfilled sell orders or pending sell orders. Traders may use supply zones as a reference point for making trading decisions. For example, if the price approaches a supply zone, traders may consider selling or taking profits on existing positions. Conversely, if the price breaks through a supply zone, traders may see it as a bullish signal and consider buying or adding to long positions. 🔹 Demand Zone In trading, a demand zone is a price range where there is an abundance of buy orders, resulting in increased buying pressure and potentially a temporary support level. A demand zone can be identified on a price chart as an area where the price has previously reversed or found support, and where there are many unfilled buy orders or pending buy orders. For example, if the price approaches a demand zone, traders may consider buying or adding to long positions. Conversely, if the price breaks through a demand zone, traders may see it as a bearish signal and consider selling or taking profits on existing positions. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
34
A test drive to mix smc and elliottUnlike ICT im into elliott and i have seen that any method to market can work. You just have to learn and study the whatever the approach very well. Any method will have good and bad sides you just gotta know them well. SMC is A way not THE way. Algorithms or robots or AIs or liquidity or stop hunt are just different names for the same market moves. There are many ways to beat the market. SMC and Elliott are just two of them. ICT'nin aksine Elliott Dalga Teorisini kullanmaktayım ve gördüm ki piyasada herhangi bir metod çalışabilir. Sadece kullandığınız metod ne ise, o metodu, o yöntemi çok iyi çalışıp öğrenmelisiniz. Hangi metod olursa olsun, iyi ve kötü tarafları olacaktır, yapmanız gereken sadece bu yönleri ile metodunuzun zayıf ve güçlü taraflarını bilmeniz gerekecektir. SMC sadece yollardan birisidir, tek gerçek yol değildir. Algoritmalar, robotlar, yapay zekalar, likidite ya da stop avları sadece aynı piyasa hareketleri için farklı isimlerdir. Piyasadan kazanmak için birçok yol vardır. SMC ve Elliott bunlardan sadece ikisidir.
FX:BTCUSDLong
by WavePro
3
2nd test drive for a mix of smc and elliott for bearish scenarioIn previous post we mentioned the buy side opportunity and it was a model without the taking considiration of htf bias. Bias is bearish and even though it is from a chart which was a false one. it gave the idea that htf bias is soo important. As smc mentions it a lot. that is a great example if you dont take it into considiration. Even though the strategy is right you might end up having a losing trade. Market structure shift and reversals are different matter ofc. Now this chart is from Binance and you can see how it is affective to have a bias from htf. so this is a bearish scenario. There is a 1h fvg and it might be a magnet for the price to go down. Again it will be shown in elliott waves.
BINANCE:BTCUSDShort
by WavePro
1
XAUUSD SHORT BIAS! (UPDATED!)Hello all! Hope you are doing well! Like shared last week in a recorded video projecting potential XAUUSD movement. The pair continued to the downside and is still yet to retrace before selling more.. I will still monitor the POI marked near 187x and look to take a SHORT position. One thing i can advice is, DO NOT BUY GOLD! When we get a downtrend where Supply zones and confirmation entries are not mitigating, that means the pressure of selling is HIGH! Take care!
EIGHTCAP:XAUUSDShort
by NeddFx13