[00:02] profitable strategy in trading that no one talks about at all this strategy will allow you to start trading profitably it took me more than two years to thoroughly study it, you will learn everything in just 10
[00:15] minutes So first of all I want to talk about why trading using regular technical analysis Elliott waves or an indicator that you most likely trade, you will, if not constantly, then for most of your
[00:28] trading career remain in the minus in fact there is a very, very simple reason in the market the price is moved not by retail traders like you and me but by large players banks and similar organizations and it is difficult to conclude
[00:43] that when a large player is going to buy several thousand bitcoins at a certain price, he will not look at some lines on the chart And especially what he will do So this is playing against you so for a large player
[00:57] ordinary traders This is just a headache liquidity The fact is that in huge position to buy or sell, first he needs liquidity a lot of liquidity laughing in simple words, he needs that  Someone will sell or buy
[01:12] his asset, the same thing happens when he closes his position, he again needs a lot of liquidity, what does this lead to, and to the fact that you will be constantly knocked out by Stop Loss. All this happens because Technical
[01:27] analysis does not give us an understanding of what is really happening in the market. Two main situations that will constantly haunt you and close you by Stop Loss are liquidity collection and deviation. What is liquidity collection. For
[01:41] example, the price approached the key level from which you want to enter the position, we came to the area, placed an order and the price literally went through your stop by a candle, after which it safely turned around and went towards your
[01:55] Take Profit, but you are already closed. So you will not receive a profit. Agree, you have had such situations. Now let's move on to deviation, this is another very common scenario when the price goes beyond the level, after which the price
[02:08] reverses and goes back. What do ordinary traders do in such a situation? First, they open a position on a rebound from the level, then when they see a breakout, they place a position to enter the opposite movement and they are again
[02:21] knocked out by the stop. As a result, two  Losing situations in a couple of candles and this situation on Bitcoin is an ideal example after the price went beyond this key level, many traders opened long positions and talked about a change in trend, in
[02:37] fact, the price went sharply down and closed all the posts on the order. The same applies to indicators, so they are not able to predict the price movement in principle, indicators are essentially a visualization of what has already happened on
[02:52] the chart. This is just a simple formula presented in the form of convenient lines and other indicators, nothing more. Indicators show you what has already happened, so do not forget the fact that they are long outdated and do not provide the same
[03:07] efficiency as before. Judge for yourself, stochastic was invented in the 1950s. And RSI in the 1970s. It seems how technologies have changed since then from a
[03:19] slow exchange to instant execution of your order. In our time, this is also one of the reasons why they do not work. Although indicators can help you better understand the situation on the chart at the moment,
[03:34] they are not able to predict the price movement in the future, and then the question arises: If technical analysis and indicators do not work, then what should we do?  Smart Money comes to our aid with this strategy. You can trade hand in hand with
[03:49] major players and not play against them. In this video, we will analyze three main keys to understanding Smart Money that you can use immediately after watching the video: structure, liquidity, and entry points. So, let's
[04:04] start with the structure. Of course, you know what a structure is. But to understand the market, you will need a deeper study. In addition, the structure can be ascending or descending, we can also have a sideways movement. In addition, it is
[04:17] necessary to understand the structure of the lower and higher timeframes. The structure of the higher timeframe is a more directional movement of the markets at the moment. You can find it on either the daily or four-hour chart. The structure of the
[04:30] lower timeframe is the direction of price movement within the structure of the higher timeframe. So, within the descending structures of the higher timeframe, there can be movement with an ascending structure when the price makes new higher
[04:43] highs and higher lows. importance of understanding the structure of the lower timeframe and the higher timeframe is to understand the general direction of price movement at the
[04:58] moment. and trade with it without being confused by short-term growth or decline and start trading against the market if the structure of the higher time frame is descending, first of all, we will
[05:11] look for entry points to short and if the structure of the higher time frame is ascending, then we will look for positions in Long. Let's look at an example on the chart: you see an ascending structure, the market makes new higher highs and
[05:28] new higher lows, you open a position, but for some reason the price goes in a completely different direction. You are completely confused and do not understand what is going on. But if you move to a higher time frame, it becomes clear that it was
[05:42] only a secondary structure, and the structure of the higher time frame in this case will be descending. And then, when you were looking for sell. Actually, it was a great position for
[05:56] us in the euro-Australian dollar currency pair, and I shared it in our Telegram channel. So if you haven't subscribed to us yet, we are waiting for you there every day, we post free training and share our positions with their full analysis.
[06:12] So, go ahead, we are waiting for you, now it's time to touch on liquidity. As you understand, exactly  Liquidity is necessary for large players in order to close their large positions. So, it is quite obvious that the price goes where there is a
[06:26] lot of liquidity. In other words, the price moves from one liquidity pool to another. Then we have a question. Where exactly will the liquidity be concentrated? It is concentrated where ordinary retail traders set their stop losses. That
[06:43] is, with all the levels at which you usually enter a position, there are three main places. Where is the liquidity located? Firstly, it is a double bottom or a double top. Secondly, it is a trend line. And thirdly, it is the previous
[06:57] maximum or minimum of the price. It is at these levels that traders often enter their positions and set a stop loss just below their entry points. Due to a lack of understanding of the concept of liquidity, some turn out to be very easy prey for a large player.
[07:12] Let's analyze this situation on the chart. Look at the chart. Here we see a clear double, two clear touches. It is obvious that there is a certain resistance level for traders who trade. Technical analysis is an
[07:27] obvious entry point for them to go Long and see what happens next. We easily take their Stop Loss. And after that, the price turns around and moves further up. If you  If you take my words with a grain of salt, just
[07:41] check it out on the chart yourself. Look and then see for yourself. The same thing happens with trend lines. For example, on this chart we draw a trend line with clear touches and in this case this
[07:56] channel looks very strong. But I'll tell you that it's the other way around. The more often the price touches the trend line, the more liquidity there is behind it, which means more breakout potential. What happens next? You place your Long positions
[08:12] and then you get knocked out. You got 100 guys. It went further in the direction of your original target. The same thing happens with previous highs and lows, the so-called strong levels.
[08:27] The price will sooner or later return behind the previous high or low and collect liquidity from them. Let's go back to our chart. The structure of the senior timeframe is descending. The structure of the junior timeframe is also descending. This means that we will be looking for short positions. Where would an ordinary trader enter here,
[08:44] short positions. Where would an ordinary trader enter here, here or here, they would wait for a reaction of at least a rollback of the level data, playing against the structure and completely denying liquidity. What happens next? See for yourself. This is just a
[08:59] brief description of liquidity. Why does the price brief description of liquidity. Why does the price move exactly?  So, friends, I also want to announce a contest for your comment on this video in which you
[09:11] will tell how you came to be interested in Smart Money. I will randomly select one winner with whom I will conduct individual training for free. The drawing will be held live on our Telegram channel. So,
[09:26] leave meaningful comments and you can get training absolutely free. Now let's move on to entry points. It is obvious that we will not rely on trend lines and support/resistance levels. We rely
[09:40] on the structure and will trade along with it. Our zones of interest will mainly be the order block and imbalance, but first it is worth finding out what this is in general. An order block is the last candle that removed the liquidity of the previous one and
[09:55] had a balance after it. You can go to the chart yourself and see how effectively the order block works with the structure. This will be our first zone of interest, since we expect the price to return to this area from the
[10:10] the price to return to this area from the subsequent reaction of the trader block. The second zone of interest will be their balance. Balance is a sharp price movement when sellers did not have the opportunity to sell or down when buyers did not
[10:23] have the opportunity to buy. Imbalance should be noted in the trader block.  and there was no trading in the balance zone until the next candle. That is why, in fact, it becomes a magnet for the price, which sooner or later will cover it by either
[10:39] 100 or 50 percent. Here are several positions that you could open using the imbalance. Try practicing on the chart yourself, and you will find similar positions quite easily. You will learn
[10:53] more about working with the order block and balance in our other videos. Be sure to subscribe to this channel so you don't miss the latest video on so you don't miss the latest video on Smart Money yet.