SMC Trading Simplified | How To Make Over $10,000 A Month (Full Breakdown)
Become a consistently profitable trader in 2024 & start making $10,000 / month? 👇
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Make $10,000 A Month With This SMC Trading Strategy (Full Breakdown)
I share a powerful SMC (Smart Money Concepts) trading strategy that can significantly help you improve your trading skills and overall increase your profits on the charts.
What's Covered in This Video:
1. Directional Bias: I mention how you can determine the market's direction using market structure. I explain how to identify recent lows and highs, establish trading ranges, and recognise breakouts to determine whether the market is bullish or bearish (market direction, bullish - uptrend, bearish - downtrend)
2. Identifying Liquidity Areas: Covering key areas of liquidity within your trading range, including equal lows, equal highs, and session highs/lows. Understanding where stop losses, take profits, and entry points are locate will help you avoid being the liquidity, and instead analyse it and use to your advantage while trading.
3. Order Blocks: Understand how to identify and utilize order blocks, key areas where smart money is involved. I demonstrate how to find these areas and use them to predict bigger price movements in the market.
4. Trading Strategy: This is where we combine all of the previous steps into one. Here I mention how to enter and exit trades effectively, using lower time frame confirmations to align with the overall market direction and make profits.
5. Live Trade Example: See the strategy in action with a detailed walkthrough of a live trade I executed. I show how I identified the trade setup, confirmed the entry, and managed the position to maximize profits.
