SMC By Thomas

5 小時前

Smart Money Concept (SMC) Overview
SMC is a trading approach that focuses on how institutional players (smart money) manipulate price to hunt liquidity and create market imbalances. The strategy involves identifying key price actions such as BOS (Break of Structure), CHoCH (Change of Character), and EQH/EQL (Equal Highs/Equal Lows).


Key Terms:
1. BOS (Break of Structure):
A significant break of a previous high or low, signaling a continuation of the current trend.

2. CHoCH (Change of Character):
A reversal signal where the market shifts from bullish to bearish or vice versa.
Example: Lower lows transitioning to higher highs.

3. EQH/EQL (Equal Highs/Equal Lows):
Levels where price creates liquidity pools that institutions often target for stop-loss hunting before reversing.


SMC Workflow (Steps):

1. Spot Liquidity Grab:
Look for EQH/EQL being swept (price fakes out to hunt liquidity).

2. Identify CHoCH:
Observe when price transitions direction (e.g., bearish to bullish).

3. Wait for BOS:
Confirm the new trend direction by waiting for a Break of Structure.

4. Enter on Pullback:
- Identify the order block (last bearish candle before an up move or last bullish candle before a down move).
- Place your entry when price retests this zone.

5. Set Stop Loss:
Place stop loss just below the order block (for buys) or above the order block (for sells).

6. Take Profit:
Target key liquidity zones such as EQH/EQL or major supply/demand zones.


Example:
Buy Setup:
1. Price sweeps an EQL (Equal Low), hunting liquidity.
2. A CHoCH is observed as the price shifts from lower lows to higher highs.
3. BOS confirms the new bullish trend.
4. Enter on the order block retest.
5. Place stop loss below the order block.
6. Take profit at the next EQH or a resistance level.

5 小時前

發行說明

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5 小時前

發行說明

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4 小時前

發行說明

Smart Money Concept (SMC) Overview
SMC is a trading approach that focuses on how institutional players (smart money) manipulate price to hunt liquidity and create market imbalances. The strategy involves identifying key price actions such as BOS (Break of Structure), CHoCH (Change of Character), and EQH/EQL (Equal Highs/Equal Lows).


Key Terms:
1. BOS (Break of Structure):
A significant break of a previous high or low, signaling a continuation of the current trend.

2. CHoCH (Change of Character):
A reversal signal where the market shifts from bullish to bearish or vice versa.
Example: Lower lows transitioning to higher highs.

3. EQH/EQL (Equal Highs/Equal Lows):
Levels where price creates liquidity pools that institutions often target for stop-loss hunting before reversing.


SMC Workflow (Steps):
1. Spot Liquidity Grab:
Look for EQH/EQL being swept (price fakes out to hunt liquidity).

2. Identify CHoCH:
Observe when price transitions direction (e.g., bearish to bullish).

3. Wait for BOS:
Confirm the new trend direction by waiting for a Break of Structure.

4. Enter on Pullback:
- Identify the order block (last bearish candle before an up move or last bullish candle before a down move).
- Place your entry when price retests this zone.

5. Set Stop Loss:
Place stop loss just below the order block (for buys) or above the order block (for sells).

6. Take Profit:
Target key liquidity zones such as EQH/EQL or major supply/demand zones.


Example:
Buy Setup:
1. Price sweeps an EQL (Equal Low), hunting liquidity.
2. A CHoCH is observed as the price shifts from lower lows to higher highs.
3. BOS confirms the new bullish trend.
4. Enter on the order block retest.
5. Place stop loss below the order block.
6. Take profit at the next EQH or a resistance level.

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My current strategy is exclusively for XAUUSD. We enter a trade when the candle breaks the BOS (Break of Structure). The target profit is set to just 60 pips, and the stop loss is placed at the nearest and sufficiently strong support or resistance. The results become fantastic when we wait for the CoC (Change of Character) before the BOS.