Moja ulubiona strategia (London Killzone) (SMC Trading PL)
Summary
TLDRIn this video, the presenter shares a detailed explanation of their trading strategy, focusing on key elements like daily price actions, the London and Asian trading sessions, and liquidity manipulation. They emphasize that while the strategy is effective, it does not guarantee success, as losses are an inherent part of trading. The video also highlights the importance of backtesting, proper risk management, and understanding market cycles. Through real-world examples and technical analysis, viewers are guided step-by-step in applying the strategy, which aims for a high win rate, though it acknowledges that no strategy is foolproof.
Takeaways
- 😀 The strategy shared in the video is not investment advice and should be tested and refined by individuals before use.
- 😀 Trading involves losses as an inherent part of speculation, and backtesting is crucial for success.
- 😀 The core strategy relies on three main elements: daily bias, the London session, and the Asian session.
- 😀 Daily bias is identified through displacement, which shows when the price breaks a market structure, signaling a trend.
- 😀 The video emphasizes the importance of understanding price movement, including higher highs and lower lows, to determine trade entries.
- 😀 Thursday is considered a critical day where market reversals are most likely to occur if price structures aren't broken.
- 😀 In the London session, traders should look for opportunities to trade against the daily bias during pullbacks, as price tends to revert during these times.
- 😀 The use of ICT Killzone indicators simplifies the process of identifying key market times, such as the London session's prime trading hours.
- 😀 When using the strategy, it's vital to pay attention to the order block zones and liquidity pools that are formed in the market.
- 😀 A successful trade setup involves waiting for a break in market structure and then using a small timeframe to confirm the trade direction.
- 😀 Proper risk management is crucial, including setting stop-loss levels based on prior price action and using a flexible approach to take profit, depending on the market conditions.
Q & A
What is the core focus of the strategy discussed in the video?
-The core focus of the strategy discussed is trading using daily bias, with key elements involving understanding the daily trend (bearish or bullish), identifying key sessions (London, Asian), and using price action setups like Break of Structure (BoS) and displacement to make informed trading decisions.
What does the term 'Daily Bias' refer to in the context of the strategy?
-In this strategy, 'Daily Bias' refers to determining the overall market direction (either bullish or bearish) based on the daily chart. It helps traders decide on the most favorable trading direction for the day by looking for price displacement, which signals a break in market structure.
How is the concept of displacement important in this strategy?
-Displacement is important because it marks a significant price movement that breaks an existing structure in the market, confirming a change in trend. The strategy uses displacement to identify the point at which the market direction is likely to shift, which forms the basis for trading decisions.
Why is the Thursday trading session highlighted in the video?
-Thursday is highlighted as a critical day because, according to the presenter, it's when market reversals or significant movements often happen. If the market does not break a key level by Thursday, it could indicate a potential reversal in trend.
What role does the London Killzone play in the strategy?
-The London Killzone is a key part of the strategy as it represents the time period when the London session opens, characterized by higher trading volume and potential market movement. Traders use this session to spot significant price moves, particularly after stops are cleared from previous sessions.
What is the significance of identifying session highs and lows in the strategy?
-Identifying session highs and lows helps traders spot potential turning points or price traps in the market. These points are important for determining entry levels, as price often reacts to these areas, especially when combined with the daily bias and session analysis.
How does the strategy handle stop loss placement?
-Stop losses are generally placed above the recent swing high (in a bearish bias) or below the recent swing low (in a bullish bias). The idea is to protect the position in case of a market reversal, with the stop loss being strategically placed just beyond a key level or order block.
What does the concept of 'Break of Structure' (BoS) mean in the strategy?
-A Break of Structure (BoS) refers to a point where the price breaks a previous high or low, signaling a potential shift in market direction. This is a key signal for entering trades, as it indicates the market has moved beyond a previous level of support or resistance.
How does the strategy suggest determining take profit levels?
-Take profit levels are determined by identifying displacement on higher timeframes. Traders typically aim to target significant lows or highs where the price is likely to reverse. This can be done by analyzing the larger market structure on timeframes like H4 or daily.
What is the role of psychological discipline in the success of this strategy?
-Psychological discipline is crucial in this strategy because traders need to manage emotions, stick to their analysis, and avoid reacting impulsively to market movements. The strategy emphasizes the importance of waiting for confirmation before entering trades and managing positions calmly.
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