【+181 pips | Surged in New York the day before! What will happen the next day?】 1/28 recap and overall picture, suitable trading locations
Last time, I talked about how theory and judgment are two different things.
So, what exactly is SMC to begin with?
This time, I’ll整理 it.
SMC (Smart Money Concept) is,
in a word, the idea of “reading the moves of institutional investors and trading accordingly.”
The reason individual traders keep losing is
to be explained as “because they are being hunted by institutional investors.”
Indeed, there are big moves in the market.
Moves that hunt liquidity, moves that trigger stop losses, false breakouts.
These actually exist.
So why do many people still fail even after learning SMC?
Because
“the act of reading the movements of the institutions” ultimately becomes a form of “prediction.”“The hunt will come here,” “The institutions will buy here.”
This is a transformed form of prediction.
When it misses, you become confused again.
And you start looking for the next theory.
What I am doing is simpler than that.
Check where the wall is.
Check where the waves are located.
Enter when the pattern appears.
The reason I haven’t changed it in 18 years is
because it already functions well enough.
Next time, I’ll look at ICT and CRT from the same perspective.
As I’ve said many times, on this Investment Navi+ site you can
learn in detail where to recognize walls and how to combine higher and lower timeframes.
↓ Here is the method that improves the problems in trading
https://www.gogojungle.co.jp/tools/ebooks/50406
Now, here is the usual article.
It features an ON/OFF function to overlay the higher timeframes.
https://www.gogojungle.co.jp/tools/indicators/73674