The Only Smart money Strategy I Would Use If I Could Start Over

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Summary

This video introduces and explains the Smart Money Concepts (SMC) continuation entry model, a trading strategy designed to capitalize on market volatility and missed opportunities. It details the criteria and rules for executing high-probability trades using this strategy, including managing multiple positions and position sizing.

Highlights

Introduction to Smart Money Concepts Continuation Entry Model
00:00:00

The video introduces the Smart Money Concepts (SMC) continuation entry model as a game-changing strategy to overcome missed trading opportunities due to market volatility or being away from screens. It promises to reveal essential criteria and rules for successful trades.

Addressing Missed Opportunities with SMC Continuation Strategy
00:01:01

Traders often miss opportunities when the market becomes volatile near their entry points or if they are not monitoring their screens. The SMC continuation strategy provides a solution to enter the market even if the initial entry (like a change of character or flip pattern) was missed.

Identifying Continuation Trade Opportunities
00:02:10

The strategy involves analyzing higher timeframes for bullish or bearish structures and then zooming into lower timeframes. If a demand zone is missed after a change of character, the SMC continuation strategy can be used when the price breaks structure and creates new demand zones, specifically after liquidity is swept.

FastBull for Financial News and Analysis
00:04:24

The video briefly recommends FastBull as a valuable resource for financial news, economic calendars, and live streaming for fundamental analysis, emphasizing its role in enhancing trading decisions alongside technical analysis.

Key Criteria for SMC Continuation Entry Model
00:05:59

Four essential criteria for the SMC continuation entry model are outlined: a change of character or flip pattern, a break of structure and zone breakout, inefficiency left behind during the break of structure, and the presence of static liquidity zones near the point of interest.

Executing a Buy Limit Order and Managing Multiple Trades
00:06:44

Once all criteria are met, a buy limit order is placed at the demand zone, with the stop loss below and the swing high as the take-profit target. The strategy allows for multiple trades, but warns against opening more than three positions simultaneously and advises halving position sizes for subsequent trades.

Real-World Trading Example: Euro Dollar (15-minute and 1-minute charts)
00:09:01

A practical example using the Euro dollar on 15-minute and 1-minute charts demonstrates the application of the SMC continuation model. It shows identifying a demand zone, a change of character, and subsequent breaks of structure and liquidity sweeps, leading to a successful trade entry.

Second Continuation Trade and Position Management
00:12:24

The example continues with a second continuation trade, illustrating how to identify another demand zone after a bullish break of structure and trend line liquidity. It reiterates the rules for limiting trades and reducing position size for subsequent entries to manage risk effectively.

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