• Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)

Suggestion SMC Strategy - Good RR Setups

loverhh said:
thx for share but we need more information how to place right the Fibo... where to analyse, which TF.. and where to take the signal (take the trade and in which direction) and why? and when to avoid a trade... thx in advance :)
Click to expand...

Sure, I would like to clarify something, friends! Fibonacci does not have any impact on my analysis. It's only there to show the risk-reward ratio. Feel free to refer to the previous screenshots that explain how I set it up. And let me know if you didn't understand any aspect of the Fibonacci settings.

Honestly, I prefer to use the H4 timeframe when conducting analysis and opening my trades. Firstly, I use the latest CHoCH as a trend filter. If the latest CHoCH indicates a trend for sellers, I will search for a sell setup. If it suggests a trend for buyers, I will look for a buy setup. It seems that the order blocks on the H4 timeframe have the potential to hold a trade, especially when compared to other timeframes.

Occasionally, I use the H1 timeframe to look for a setup. However, I've noticed that H1 order blocks may give you 15 to 20 pips, then Boom, you hit a stop loss !!
 
No1Daemon said:
I personally think thats the biggest part of this strategy we all need to learn on our own. How to read the market structure, the break of structure, the change of character and the trends. I am working through the tutorial videos posted at the start. Takes time to absorb but I think it is worth it.
Luckily we have some experts to help us in our understanding. :)
Click to expand...

Sure, mate. Market structure is the biggest part of this strategy. I like to use CHoCH as a trend filter just to increase the probability of my order blocks holding a trade.
Here are the other videos that explain the full strategy in detail.... Feel free to check them! https://www.youtube.com/playlist?list=PLrfZrf9yUXJ21TC_ENiXgJi73tII4Sku0
 
NEW SETUP ALERT!! (NZDCAD)

NZDCAD formed a CHoCH & BOS then a pullback met the Order Block. I am taking a sell with a stop loss above my Order Block. .. RR is around 1:3
Screenshot_249.png
 

Attachments

  • Screenshot_249.png
    Screenshot_249.png
    43.8 KB · Views: 588
dara11 said:
hello is anybody know where can i download this yellow fibo please guide me with thanks
Click to expand...
Sure mate... Fibo is a part of mt4 internal indicators ! Feel free to refer to the previous screenshots that explain how I set it up. And let me know if you didn't understand any aspect of the Fibonacci settings.
 
Last edited:
thanks very much. for explanation i could not drawing as yours but i have auto fibo which i downloded just have look is it ok i mean is it good for use . with thanksScreenshot (219).png Screenshot (220).png Screenshot (219).png Screenshot (220).png
 

Attachments

  • Screenshot (219).png
    Screenshot (219).png
    63.8 KB · Views: 85
  • Screenshot (220).png
    Screenshot (220).png
    50.8 KB · Views: 85
You must log in or register to reply here.
Back
Top