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

Performance claim and promotional notes

Claim: members collectively made “hundreds of thousands of dollars” last year trading this strategy.

The 5-step trading methodology (framework)

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

Structural definitions / concepts

Specific numbers and times to note

Explicit recommendations and cautions

Presenter / sources

Category ?

Finance


Share this summary


Is the summary off?

If you think the summary is inaccurate, you can reprocess it with the latest model.

Video