Smart Money Entry Types

August 19, 2022 | Author: Anonymous | Category: N/A
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Smart Money Entry Types  NO IINDICATO NDICATORS RS

WhatsApp  KenneDyne spot•  WhatsApp spot• 

 

WHAT IS INCLUDED INSIDE? Unkownimous exmplaes: The reason why I don’t include names of the asset/quote in my examples is that the method am going to discuss can be used to trade any financial instrument. Essential links to FREE FOREX Materials  including ICT, Wyckoff, Offshow, Supply & Demand e.t.c.   A link to my Personal Journal  where I post all my Set Ups (Before & After) How smart money make their profits How retail traders make their profits

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HOW DOS SMART MONEY MAKE PROFIT? Smart Money (or the Market Maker or Liquidity Provider) includes large institutions such as Central Banks, Large Financial Intitution e.t.c. These copanies participate in the market by quoting both BUY & SELL price (simultaneously) in any financial instrument with hopes of making profit on the bid  – ask ask spread, or turn(Hedging). Exhibit: When Smart Money want to sell, they pair available buy orders;

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HOW RETAIL TRADERS MAKE THEIR PROFIT? Most retail traders use this strategy to place BUY STOPS above STOPS  above resistant level and SELL LIMITS below LIMITS  below the resistant resis tant level (suppose ( suppose price is currently below bel ow the resistant resist ant level), so that whichever way price goes, their orders are activated. Using such strategy (hedging) is ‘GOOD GOOD’’ until you realize that you are “a small scale farmer” and/or include stop lose to your orders. You will either lose all your money (blow account) or thrown out of a nice move (SL bieng hit)!  

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SMART MONEY ENTRY TYPES Understanding how Smart Money & Retail Traders participate in the market will help you to also understand how to trade with Smart Money. Smart Money Entry Types include; 1)  RISK ENTRY 2)  CONFIRMA CONFIRMATION TION ENTRY

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1.  RISK ENTRY This is aggressive entry that does not require any confirmation. Identify POI and wait for price (with pending order) to come back at your POI. This Etry Type is Ideal;    

With revailing market trend When trading reversal of a trend (If price hits at HTF Key Zone & start rejecting the zone)

Ehibit: Trend Reversal –  Reversal –  NOTE  NOTE THAT YOU MUST DO A TOP T OP DOWN ANALYSIS FIRST! FIRST!

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2.  CONFI CONFIRMATION RMATION ENTRY This is conservative entry that require confirmation, especially from HTF (Must do Top-Down Analysis within your 3 TF Matrix). Identify POI on HTF & refine it to LTF. This Entry Type is Ideal;  

With small Risk and large Reward trades   When the range between HTF POI & Refined POI on a LTF is LARGE. Ehibit: Trend Reversal –  Reversal –  NOTE  NOTE THAT YOU MUST DO A TOP T OP DOWN ANALYSIS FIRST!

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CHALLENGE: Try to create 10 Flash Cards having both 1) Risk Entry & 2) Confirmation Entry for a Trending Market. Hint for Down Trend Market;

MORE EXAMPLES ON CONFIRMATION ENTRY TYPE There are other complex confirmation entry types you need to understand. These depends on various types of traders participating in the market. We have 2 primary types of traders; a)  Support & Resistant Traders: They place their buy limit at the support level & sell limit at the resistant level.  b)  Break out Traders: They place their buy stops above the resistant level & sell stops at  below the support level. lev el. Therefore, if you understand and identify where these two groups of traders are placing their sell stops in respect to Smart Money moves, you will be on a safer side of taking sniper entries that have low risk, high rewards.

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Exhibit: Sell Set Up

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MORE EXAMPLES WITH DIFFERENT STRUCTURES

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CHALLENGE: Try to create 10 Flash Cards having SSR level raided for both; 1)  Bearish Market 2)  Bullish Market Hint; Check LIVE EXAMPLES in Tradable vs Non-Tradable Order Blocks Note  Notes   s here here  or here  here 

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ESSENTIAL LINKS [FREE] Sign up for 101 Coaching, Trading Hub & Training  here   Training here

here   Start Trading Volatility Index here Start Trading Nasdaq 100  here  100 here  here   Find FREE ICT  Syllabus  here ICT Syllabus Find OFFSHOYS KEY  Syllabus  here here   KEY Syllabus Join Institutional Traders  Group here Traders WhatsApp Group 

Disclaimer There is Risk in Trading  Trading  Forex, Commodities, Stock &  & Synthetic Indices.  Therefore, before deciding to to  participate   in trading any financial instrument, you should carefully consider your investment objectives, level of experience & your risk appetite. Only invest what you can afford to lose! #Discipline #Discip line #Hardwork #Patience

START TRADING HERE Get 101 FREE Trading Guidance

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