Summary of The Only Smart money Strategy I Would Use If I Could Start Over

The video presents a trading strategy known as the Smart Money Concepts (SMC) continuation entry model, aimed at helping traders capitalize on missed trading opportunities due to market volatility. The key points discussed include:

Main Financial Strategies:

SMC Continuation Entry Model: A strategy designed for entering trades when traditional entry points are missed.
Market Behavior Analysis: Understanding how market volatility can create missed opportunities and how to navigate these situations.

Step-by-Step Methodology:

Market Analysis:
- Identify a bullish structure on a higher time frame (e.g., 15-minute).
- Look for breaks of structure (BOS) and unmitigated demand zones.
Zoom into Lower Time Frames:
- Switch to a lower time frame (e.g., 1-minute) to observe price action.
- Wait for price to touch the identified demand zone and look for a change of character (CH) or flip pattern indicating a market structure shift.
Wait for Confirmation:
- After a CH pattern forms, wait for a break of structure and a breakout from the supply zone.
- Ensure there is inefficiency left behind after the break of structure.
Identify Liquidity Zones:
- Look for Liquidity Zones (e.g., double bottoms, trendline liquidity) near the demand zone.
- Confirm a liquidity sweep pattern before placing a trade to ensure strength in the identified area.
Execute Trade:
- Place a buy limit order at the highest point of the demand zone with a stop loss a few pips below the lowest point.
- Set the take profit at the swing high.
Manage Open Positions:
- Limit the number of open positions to a maximum of three.
- For subsequent trades, risk half the position size of the first trade.
Backtesting:
- Backtest the strategy at least 100 times before applying it to a real account.

Key Points:

Use liquidity sweeps as a confirmation factor for trade execution.
Monitor market movements closely after placing orders.

Presenters/Sources:

The video is presented by a trading channel focused on smart risk strategies and Market Analysis. Specific sources or tools mentioned include FastB for financial news and Trader Edge for Backtesting strategies.

Notable Quotes

— 00:04 — « Today we're diving into a game changer strategy that separates the winners from the rest. »

— 00:14 — « It's a common scenario: the market can turn ultra volatile when you're eyeing that perfect entry point. »

— 00:32 — « We'll show you how to turn those missed opportunities into successful trades. »

— 06:43 — « To have an opportunity to execute continuation trades, it's essential that all of these rules and criteria are met. »

— 13:52 — « That's it Traders, thank you for watching this video. I hope you found it informative and useful. »