Summary of "Steal This Stupid Simple 5 step SMC Trading Strategy"
High-level summary
The video teaches a 5-step price-action trading framework (SMC-style) the presenter says produced “hundreds of thousands” in verified member profits last year. It focuses on session structure, multi-timeframe confirmation, order blocks, and liquidity targets — aimed at intraday trading in session‑driven liquid markets (FX, indices, futures/CFDs).
Market context and assets
- Market sessions referenced: Asia, London, New York.
- Time zone used: Eastern Standard Time (EST).
- Implied instruments: session-driven liquid markets (FX pairs, indices, futures/CFDs).
- Session windows cited:
- Asia session (blue box): 8:00 pm – 12:00 am EST.
- London session open (presenter): 2:00 am EST.
- Example Asia sweep observed ≈ 1:00 am EST.
Performance claim and promotional notes
Claim: members collectively made “hundreds of thousands of dollars” last year trading this strategy.
- Presenter offers a free 40‑minute master class (linked in the video description).
- Subtitles provided no explicit legal disclaimer (e.g., “not financial advice”).
The 5-step trading methodology (framework)
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Daily bias (15‑minute structure)
- Use the 15‑minute timeframe to identify market bias by marking swing highs and lows.
- Define “strong structure” as the most recent swing that broke the prior point; if that swing is later taken out, a change of character (trend flip) has occurred.
- Example: lower highs & lower lows = bearish; higher highs & higher lows = bullish.
-
Asia session sweep (manipulation)
- Mark Asia session: 8:00 pm–12:00 am EST. Asia highs/lows are often “swept” (manipulated) during London/New York.
- Rule: do not try to buy at an Asia low that is likely to be swept. Wait for the sweep/manipulation to occur before proceeding.
- This is presented as a non‑negotiable rule for the Asia‑sweep variant.
-
Structure shift (lower‑timeframe confirmation)
- After establishing the daily bias, use a lower timeframe (presenter uses 1‑minute) to confirm a structure shift aligning with the daily bias.
- Wait for the lower timeframe to flip (e.g., from bearish to bullish) before entering — ensures the “right now” price action aligns with the day bias.
-
Order block (entry / stop placement) — typically on 5‑minute TF
- Identify the pre-impulse consolidation/range immediately before an aggressive impulse/expansion; define the high and low of that range as the order block (area of demand/supply).
- Entry: place the long entry at the high of the order block (for bullish setups).
- Stop loss: place the stop at the low of the order block.
-
Liquidity target (take‑profit)
- Primary target is a liquidity area — e.g., session highs, previous day high/low, trendline highs, equal highs.
- Use the 15‑minute frame to identify trendlines or structure that represent the liquidity target.
- Exit trades at those liquidity levels (first target).
Key rules, cautions, and trade mechanics
- Timeframes:
- 15‑minute for bias.
- 5‑minute for order block identification and entries.
- 1‑minute for structure shift confirmation.
- Only trade inside the specified trading windows (presenter marks green/orange boxes on the chart); trades outside those windows are ignored.
- Treat wicks that trade above/below a high/low without a candle close as liquidity grabs or “liquidations” — these often reverse; avoid trading on wick breaks that don’t close beyond levels.
- Wait for the Asia sweep before acting when using the Asia‑sweep variant.
- Entry = top of order block; stop = bottom of order block; primary target = nearby liquidity.
- Emphasis on patience: “hold your trade” to let the market reach liquidity targets while still using disciplined stop placement.
Structural definitions / concepts
- Strong structure: the most recent swing that broke the prior swing; indicates who is “in control.”
- Change of character: when the previously controlling high/low is taken out, causing a bias flip.
- Order block: the consolidation/range before an aggressive impulse that price is likely to revisit (area protected by larger players).
- Liquidity: session highs/lows, trendline highs, prior day levels, and equal highs — used as targets.
Specific numbers and times to note
- Asia session: 8:00 pm–12:00 am EST.
- London open: 2:00 am EST.
- Example Asia sweep: ≈ 1:00 am EST.
- Timeframes: 15‑minute (bias), 5‑minute (order block), 1‑minute (confirmation).
- Entry / stop placement: entry at order block high; stop at order block low.
Explicit recommendations and cautions
- Only trade when the lower‑timeframe structure shift aligns with the daily bias.
- Do not buy/sell into Asia session levels before they are swept/manipulated if your statistical edge indicates they will be taken out.
- Avoid trading wick-type breaks that don’t close beyond highs/lows — they are usually liquidity grabs/reversals.
- Use disciplined stop placement (order block low) and predefined targets (liquidity areas).
Presenter / sources
- Presenter identified as “Louis,” references “inner circle members.”
- No other named sources provided.
Category
Finance
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