Let’s talk about SMC

  • Let’s talk about SMC

    Posted by Mihaly Kriminal on January 21, 2023 at 8:30 am

    SMC, Smart Money Concept, is a very trendy trading method nowadays.
    Complex education system, but I think it’s really old things with a new name.

    Let’s talk about it.
    Where does it come from? Are banks really using it, or is it just marketing?
    Who is an authentic instructor, signal provider? How can you learn it easily and quickly?
    What do the new terms mean?
    How do you use it in practice? Which is your favorite SMC model? Which old method, old name is behind it?

    David Niyi replied 7 months, 2 weeks ago 4 Members · 10 Replies
  • 10 Replies
  • Mihaly Kriminal

    Member
    January 21, 2023 at 8:32 am

    What do these terms mean?

    • Noah Kampamba

      Member
      August 29, 2023 at 1:53 pm

      Jesus Christ, those are a lot of terms🙆🏾‍♂️🙆🏾‍♂️

  • Darren Tete

    Member
    January 22, 2023 at 1:15 am

    I’m really looking forward to this reply.

    • Mihaly Kriminal

      Member
      January 22, 2023 at 8:44 am

      Hi! Thank you for your reply.
      We can see it step by step in a team work.

  • Mihaly Kriminal

    Member
    January 22, 2023 at 9:02 am

    For example let’s start with a candle…
    Usually there are open, closed, high, low. OHLC

    Imagine this is a weekly candle. The correction continues on Monday, then the price reverses, the new trend is strong on Tuesday, Wednesday, Thursday, and it realizes a profit, there is a correction on Friday.
    It is similar on a daily candle: the correction continues at night, it reverses in the morning, and trends in US time, there is a correction in the evening.

    It is natural.
    I think there is no market maker manipulation.

  • Mihaly Kriminal

    Member
    January 24, 2023 at 9:37 am

    You can find the path of the candle with more name in SMC.

    For example in “power of 3” model.

    • Noah Kampamba

      Member
      August 29, 2023 at 1:54 pm

      I love the power of three so much

      it’s so simple

  • Mihaly Kriminal

    Member
    January 25, 2023 at 7:25 am

    The “classic ICT buy model” is very similar. Only the name is different.

  • Mihaly Kriminal

    Member
    January 30, 2023 at 6:46 am

    The “London open ICT bread @ butter” is interesting name of the beginning of the day.

  • David Niyi

    Member
    September 1, 2023 at 3:09 pm

    i don’t really trade smc but i recognize (in my strategy)the presence of gaps, structural breaks, buy/sell liquidity and market pricing(50/50) and how they can predict price future move

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