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      Suggestion SMC Strategy - Good RR Setups

      hello what about the usdchf yesterday one still open should i close position or keep open , and todays gbpusd we have late information why do you not come on discord instead of telegram.
       
      My setup for GBPAUD H4/D1 is going up. What do you think?
       

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      ajar101 said:
      yes sir, if you dont mind you can create one :)
      --
      Also Feni, how do you entry? Do you wait for price action or just put order limit in order block?
      Click to expand...

      Oh! Honestly, I'm not adding any price action features like doji or something. I'm simply waiting for a pullback to my order block, and then I execute the trade, taking into account the trend suggestion from the latest CHoCH on the H4 timeframe.
       
      dara11 said:
      what is tp, and where are you no reply dnt disappear we need you be with us with thanks .
      Click to expand...

      TP stands for 'Take Profit ...
      Don't worry; I'm still here to help and answer your questions. Feel free to ask, and I'll do my best to assist you!
       
      No1Daemon said:
      Hi. The Op is helping us learn, not spoon feeding us every trade. TP means "Take Profit"
      Have you watched the videos provided?
      Click to expand...

      Excellent.... I hope those who have watched the provided videos find them helpful in building a solid foundation for using the SMC strategy effectively !
       
      Aphiwat P. said:
      My setup for GBPAUD H4/D1 is going up. What do you think?
      Click to expand...

      Good job my friend! Your setup on GBPAUD H4/D1 does indeed look promising, especially with the clear uptrend. I would like to suggest one thing to enhance your trading strategy, kindly consider waiting for a pullback to the order block before opening a trade. This approach can improve your risk-to-reward ratio and help minimize drawdown! :):)

      Screenshot_272.png
       

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      Feni Bovu said:
      Good job my friend! Your setup on GBPAUD H4/D1 does indeed look promising, especially with the clear uptrend. I would like to suggest one thing to enhance your trading strategy, kindly consider waiting for a pullback to the order block before opening a trade. This approach can improve your risk-to-reward ratio and help minimize drawdown! :):)

      View attachment 160144
      Click to expand...
      Many thanks for your suggestion.:inlove::inlove:
      I found some symbols, e.g., EQL, EQH with SMC indicator. What do they stand for?
       
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      Aphiwat P. said:
      Many thanks for your suggestion.:inlove::inlove:
      I found some symbols, e.g., EQL, EQH with SMC indicator. What do they stand for?
      Click to expand...

      Oh! Good question! EQL stands for Equal Lows, and EQH stands for Equal Highs.

      In Price Action, there are chart patterns. One of the most known ones are the double top and the double bottom. Smart Money Concepts refers to these double tops/bottoms as Equal Highs and Equal Lows..
       
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