Institutional Trading - SMC

Just to make things clear.

Any constructive criticism with a proper line of argumentation will be welcome.

If you think SMC is rubbish and can expose it logically with proper arguments, go ahead if you wish.

But people trolling or spamming or bazzinging will be flushed out from the talk.

Please, respect the persons and talk only about the concepts. Talk about the ideas not about the persons here.

Many of us want to keep our privacy and do not like talking about ourselves.

Be kind and you will have my respect.

Can’t seem to get my auto translate to work on my mobile device. Any chance you could post English translated vids?

Its working on PC or if you wanna see from mobile watch it from a browser in desktop mode it will work.

You can alternatively check the ICT videos. For now it is only in Spanish.

https://youtube.com/c/InnerCircleTrader

Its about time Scherzi,why were you wasting dialogue with him? Good move

I think people deserve the right for a second opportunity.

Now that the thread has a few examples of what should not be done in public, no new second chances.

This thread is not about ICT nor Michael, in the sense that we are not here to discuss about the qualities of both.

I owe a lot to Mr Michael Huddlestone, really a lot. Many of us owe so much to him. His knowledge about trading is infinitely superior to mine, his capacity of implementing a trading strategy is so bright that I am nothing compared to him.

That is also a reason why this thread is not about the persons who participate here. I told it before, just consider I am a complete loser in trading and just focus on the videos I am producing, you won't be disappointed doing it and won't be distracted from your actual objective that should be exceling in trading. I could teach your grandma to explain what I explain and that would be valid the same. It is not the person who teaches what determines the quality of the contents.

I can guarantee my contents are really good, that have been completely backtested by me and by others as well and that they could potentially change the way you trade and help you improving dramatically your current results.

Concentrate in the ideas and the trading course and forget about me and the rest of participants in this thread and you will get the most from it. Trust me and if you cannot, then watch the videos, test them and then just create your own personal opinion from it.

Be sure that the reason why 95% of the people fail at trading is because trading is not for everyone, because it requires an extreme effort and investment, and because the time needed to learn how to trade is usually more than one complete year of study and practice. Money and risk management, trading psychology are much more important than trading techniques. Markets will crush you, they will destroy your mind. And if you recover from it, then only maybe you will be able to start to trade. And it will take a lot of time. Trading is not for everyone and it cannot be taught, it only can be learnt through personal practice.

By keeping your expectations low and understanding your chances are below 5%, you will be mentally in shape to overcome this tragic journey that is becoming a trader.

Take your time and play slow.

Just to train your eyes.

A couple of charts, GU weekly and daily for next week.

GU WEEKLY

Having equal highs, for me it is fair to limit the bearish order-block just within the last upcandle while I usually take everything up to the top of the swing. I would only take the range up to the close of the upcandle, but refining too much will deviate my attention to small details from the whole picture, that is more important.

GU DAILY

Notice I just indicated the mean threshold of the order-block as a main area of interest only. Nothing else.

For me, the weekly chart is mainly bearish as it is the daily one.

However, I never let my initial bias to blind my eyes and believe that the chart is going to behave as I thought initially.

This implies that I am really agnostic to the trend and just play the lower timeframe no matter what it offers to me, being what I thought or negating it.

And yes, the order-flow is important, but only a part.



And we could already be inside the third level of a MM buy model that it seems to me that will be overextended.


I took this one a bit lower than the initial level I had in mind by studying the 15 seconds chart. It says: "always protect your earnings".

As I detailed here:
https://www.facebook.com/hoytradingc...18714617275228

See the OB. I do not like opening trades after 9:00 AM UK time to trade London. I ignored the last move therefore and did not short it.

US Dollar orderflow. Daily.

Why imbalance?

By ICT
https://www.youtube.com/watch?v=_j_youagfes


By me
https://youtu.be/XL7Ozzyu5gw

I will watch them.

Also easy to check with volume. During that fall there is an inefficiency in longs and an imbalance due to the quick allocation of shorts from above. But we are already used to analyze only the chart and assume that the imbalance is there as it is what usually happens.

Waiting for volume to be delivered nearby.

No hurry, no conviction, it is a dice game.



No need to set TP nor trying to make yourself an idea about where price will go to.

Just protect your earnings and let price run.

As yesterday's imbalance was filled, between today and tomorrow I would like to sell the top of the weekly range if I am given an opportunity for it.

Waiting patiently to see if the week turns bearish or not. No rush, no conviction, no bias, just listening to the chart. The dice are rolling. One can buy and sell while waiting for the perfect entry. One should try as we do not know what or when things will occur.

Prices are easy, up and down only. Just take what the chart offers and do not be blinded by your own bias.



Low risk, high RRR.

From top to bottom


To lower

and lower...

Which one of these red areas will hold if any?.

Mark them all and wait for the chart to speak.

It is better missing than regretting.



FOMO sellers trap? Maybe yes, maybe not. Not my cup of tea for shorting so far in any case. Maybe good for you and not for me. Maybe a win for you and two losses for me. There is not a good and a way for trading as long as you make profit from it.

This could be anything or nothing. There is not a better timeframe.

Protect your trades. Never give away your money.

15 seconds is very fast, isn't it?