SMC Entry Plan | Advance Entry Plan 🔥

Summary

The video script discusses trading strategies, focusing on structure mapping and lower timeframe frame entry techniques. It explains how to execute multiple positions, the importance of understanding market direction, and the function of order flow and order block. The speaker simplifies complex trading concepts, offering examples to illustrate how market behavior can be anticipated and traded effectively, making it accessible for traders at all levels.

Takeaways

• 📊 Understand the importance of structure mapping in trading and how it influences lower time frame entry decisions.
• 🔍 Identify the market's direction clearly as bullish or bearish to avoid trading in complex or unclear structures.
• 📈 Recognize how the market creates new highs or lows, often pulling back before making a significant move in the direction of the trend.
• 🛑 Learn to define and avoid trading in unmitigated order flow or order block areas to minimize risk.
• 📝 Pay attention to the 'unmitigated order flow' and 'order block' concepts, which are crucial for planning trades effectively.
• 🔑 Identify valid pullbacks and understand the significance of liquidity in determining the market's next move.
• 🚀 Plan trades based on the probability of the market tapping into unmitigated order blocks or order flow areas.
• ⏳ Be aware of the timing of trades, considering factors like market liquidity and the potential for a reversal after a breakout or a pullback.
• 🎯 Use higher time frame charts to define structure and plan trades, then refine entries with lower time frame charts for better precision.
• 🔄 Recognize the potential for the market to change direction after hitting a stop loss, especially if the market's behavior suggests a reversal.
• 🌐 Apply these trading principles across various markets, such as forex, stock indices, or futures, to improve trading strategies.

Q & A

What is the main topic of the video?

The main topic of the video is about trading strategies, specifically focusing on structure mapping, lower timeframe frame entry, and execution of multiple positions.

What is 'structure mapping' in the context of the video?

Structure mapping refers to the process of defining the direction of the market trend, whether it is bullish or bearish, and identifying clear structures to make trading decisions.

Why is it important to define the structure in trading?

Defining the structure is important because it helps traders to understand the market's direction and to avoid trading in complex or unclear structures that could lead to range-bound trades and potential losses.

What does the video suggest to do when the market structure is not clear?

The video suggests avoiding trading in structures that appear complicated and not clearly showing a direction, as they can lead to range-bound trades with limited pullbacks and potential stop losses.

How does the video explain the concept of 'industrial and P/I' in trading?

The video explains that 'industrial and P/I' refers to the market's behavior before creating a new high or low. It suggests that the market usually takes an industrial pullback before creating a new high or low, which traders can use to plan their trades.

What is meant by 'order flow and order block' in the trading context presented in the video?

Order flow refers to the range of sell orders before a buy or the momentum before a sell. An order block is an area where unmitigated orders have accumulated, which can influence the market's direction after a breakout or pullback.

Why is it crucial to identify 'unmitigated order flow' and 'order block'?

Identifying unmitigated order flow and order block is crucial because it helps traders to understand the market's potential reaction to a breakout or pullback, and to plan trades accordingly to capitalize on high probability areas.

What is the significance of 'valid pullback' in the context of the video?

A valid pullback is significant because it indicates a moment in the market where there is a temporary reversal of the trend, which can be used to identify potential entry points for trades.

How does the video discuss the importance of 'extreme order block' in trading?

The video discusses the extreme order block as an area with high probability for trades because it has grabbed liquidity from the previous structure, indicating a higher likelihood of the market reacting in a particular direction after a breakout or pullback.

What is the 'trading range' mentioned in the video?

The trading range mentioned in the video refers to a situation where the market is trapped within a specific price level, leading to trades that result in limited pullbacks or stop losses.

How should a trader approach planning trades for both 'buy' and 'sell' sides according to the video?

According to the video, a trader should consider the market's behavior, the probability of the market moving in the desired direction, and compare the potential for both buy and sell sides. Clear confirmation of the market's direction is necessary before entering a trade.