This Smart Money Concepts Strategy Makes 1043% Profit!

- In this video, we will explore a simple but highly effective trading strategy, that’s deeply rooted in the philosophy of smart money concepts. Later in the video, we will also backtest this particular strategy, 150 times, using a risk-to-reward ratio of 1:2 on the 1-minute timeframe. Thank you for watching.

DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Forex and crypto trading is highly speculative and risky. It is only suitable for those people who understand, and are willing to take on, the financial and other risks involved, and who have the resources to withstand losses that may be significantly greater than any deposits you have made.

[dr.mohammed.erdogan]

Exploring the high-stakes world of day trading reveals a blend of risk and reward, where strategic leverage plays and timing during market fluctuations can lead to significant gains from minimal investments. This approach emphasizes the necessity of careful risk management, including setting stop losses and technical analysis, to navigate the volatile markets to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Katherine Flores, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[remmy]

Back tested this and it's quite powerful. Only change I made is if there are multiple CHOCHS before the BOS then I wouldn't take the trade bc it usually means ur in a range, so ur more likely to lose. Has to be a single CHOCH followed by a BOS.

Many thanks bro. This might actually be what I needed to eventually quite my job. I'll be back in the future with results 😁

[BefekaduTadesse]

that's the best strategy for 2023. Good Job 10Q! so much!!!.

[sheldonlewis]

I added a 200MA to tadre in the direction of the trend In order to rule out false signals also my TP and SL are at previous supply and demand zones

[malioooooo]

Thanks Pine Trades. Your channel is very underrated. Excellent presentation

[TreG]

This is exactly how I trade but without the indicators lol. Simple trend trading with market structure. Seems like a “Choch” is just a break of a higher low during a uptrend or a break of a lower high during a downtrend which indicates a reversal or change in the trend is coming. And a “BOS” is just a breakout and close above the resistance level for a buy and a close below a support level for a sell

[ollealkeskog]

backtested this for a 100 trades on eur/usd but only got 50%winrate unfortanetly... But great explanation and video!

[Geneboie]

I backtested it for hours and tried on different timeframes for eurusd gbpusd and xauuusd, its terrible on 1 min and not even that good on 1hr :(

[neotrixvlogg]

I've been trading SMC using 3 ema 50, 100 and 200 for filter its better than market bias as the EMA will show you if the trend is strong if they are separate with each other unlike market bais and I used multiple TA start with 1hr so that I just go and follow the trend

[jeandeposson]

Tks Pine 🙏 .... very clear. I will also add EMA200

[jayvantias]

What is the timeframe you are using? For day trading what should be the timeframe?

[rafaelbettencourt]

Can you use this strategy on different time frames such as the 5min, 15min, 1hr?

[TheCashPit]

Dude than you so much for the trick, i was just looking for that but couldnt find a way, even was considering using mt5 for my backtesting, thank you so much 🙏🙏

[sourmusicgroup]

The strategy works! You'll lose if you overt trading in a day, you also have to trade in NYC or LONDON depend on where you live, I saw many entries with this strategy, that strategy doesn't work with any pair you have to search a special pair to trade. also, if there are multiple CHOCHS before the BOS is because the market is in a range. and it's obvious everybody loses in range market. So, take it easy.

[陈子恒-nn]

i have been tried cannot work in New York session but is useful in London session using eurusd

[wobby]

Thanks for sharing this for free, appreciated! Very simple and absolutely logical. 👍

[russelljamesyu]

This Strategy works awesome in the 4hr Timeframe. I backtested this and had 85% win rate. Just don't take a trade if the market is ranging.

[jigneshsoni]

Amazing video! Very nice explanation. What period did you use to backtest this strategy to produce this results? What asset did you backtest this on?

[JearTwoBearTwo]

Hello looked up the Market Bias and it's a little different now is there a new one or is everything still the same. Thanks

[kajouu]

what if there is a bullish CHoC on the red area followed by a bullish BoS on the red area but then there is also a bullish BoS on the green area, can i enter a long position?