The Only Smart Money Trading Strategy You Need to Beat the Banks

Показать описание

In this video, I'll be sharing a simple yet profitable smart money trading strategy.

This smart money trading strategy was utilized by Richard Wyckoff, one of the greatest traders in history.
Richard Wyckoff divides the market into 4 stages:

1. Accumulation stage
2. Advancing stage
3. Distribution stage
4. Declining stage

Accumulation/Consolidation:
In this phase, the market is characterized by relatively low volatility and a lack of clear trend or direction. Prices may move within a range or consolidate in a sideways pattern. Traders may use range-bound strategies, such as support and resistance levels, to identify potential entry and exit points.

Adancing Stages : Once a breakout occurs, the market may enter a trending phase, characterized by a sustained movement in a particular direction. Trends can be bullish (upward), bearish (downward), or sideways (consolidation). Traders may use various trend-following strategies and technical indicators to identify and participate in trending markets.

Distribution Phase:
The distribution phase begins as sellers take profits and charts fail to make new higher highs and begin to go sideways. Profit taking dominates this part of the cycle as charts reach their peak and bearish chart patterns form like the Head and Shoulders or a Double Top. Doubt is the primary thinking during this phase.

Downtrend Phase:

The downtrend phase occurs when the price on the chart is making lower highs and lower lows due to relentless selling pressure. This the phase where stop losses are triggered causing lower and lower prices and rallies fail to go higher and are used as selling opportunities for holders. Fear is the primary emotion during this phase.

this smart money trading strategy works on all time frames and in all
financial markets. So, whether you trade forex, the stock market, or
cryptocurrencies, this strategy is for you. All you need is some screen time
and practice to master it.