SMC Trading Guide: Ultimate Strategy (Step-by-Step)

1 year ago

ULTIMATE SMC Trading Strategy (Step by Step)

Traders are always on the lookout for effective strategies that can help them maximize their profits and minimize risks. The SMC (Simple Moving Average Crossover) trading strategy is one such strategy that has gained popularity in recent years, especially in the realm of cryptocurrency trading. In this article, we will guide you through the step-by-step process of implementing the ultimate SMC trading strategy and provide valuable insights into crypto trading strategies.

Understanding the SMC Trading Strategy

The SMC trading strategy is a popular trend-following strategy that relies on two simple moving averages (SMAs) to generate trading signals. The strategy involves the calculation of two moving averages – a faster-moving average and a slower-moving average. When the faster moving average crosses above the slower moving average, it generates a bullish signal, indicating that it’s a good time to buy. Conversely, when the faster moving average crosses below the slower moving average, it generates a bearish signal, indicating that it’s a good time to sell.

Implementing the Ultimate SMC Trading Strategy

Step 1: Choosing the Timeframe
The first step in implementing the ultimate SMC trading strategy is to choose the timeframe that best suits your trading style and goals. Different timeframes will produce different signals, so it’s important to choose one that aligns with your preferences and risk tolerance.

Step 2: Selecting the Moving Averages
Next, you need to select two moving averages for your strategy. The most commonly used combination is the 50-day and 200-day moving averages. However, you can experiment with different combinations to find the one that works best for you.

Step 3: Identifying Bullish and Bearish Signals
Once you have chosen your moving averages, it’s time to identify bullish and bearish signals. A bullish signal occurs when the faster moving average crosses above the slower moving average, while a bearish signal occurs when the faster moving average crosses below the slower moving average.

Step 4: Setting Entry and Exit Points
Based on the signals generated by the moving averages, you can set your entry and exit points. When a bullish signal is generated, it’s a good time to buy, and when a bearish signal is generated, it’s a good time to sell.

Crypto Trading Strategies

Crypto trading strategies are specific techniques used by traders to analyze the market and make informed decisions regarding cryptocurrency trades. Here are some popular crypto trading strategies that can be combined with the SMC trading strategy:

1. Breakout Trading Strategy:
This strategy involves identifying key levels of support and resistance and entering a trade when the price breaks out of these levels. By combining breakout trading with the SMC strategy, traders can potentially benefit from the momentum generated by significant price movements.

2. Scalping Strategy:
Scalping involves making multiple quick trades to take advantage of small price fluctuations. Traders can use the SMC strategy to identify short-term trends and execute scalping trades accordingly.

3. Swing Trading Strategy:
Swing trading aims to capture medium-term price movements within a trending market. By combining the SMC strategy with swing trading techniques, traders can identify potential trade setups and ride the trends for maximum profits.

FAQs (Frequently Asked Questions)

Q1: What is a Simple Moving Average (SMA)?

A1: A Simple Moving Average (SMA) is a technical analysis indicator that calculates the average price of an asset over a specified period. It is commonly used to identify trends and generate trading signals.

Q2: Are there any risks involved in using the SMC trading strategy?

A2: Like any trading strategy, the SMC trading strategy involves risks, including the possibility of false signals and market volatility. It’s important to combine the strategy with risk management techniques and conduct thorough research before making trading decisions.

Q3: Can the SMC trading strategy be applied to other financial markets?

A3: Absolutely! While the SMC trading strategy has gained popularity in cryptocurrency trading, it can be applied to other financial markets such as stocks, forex, and commodities.

Q4: How can I optimize the SMC trading strategy?

A4: Optimization of the SMC trading strategy involves experimenting with different combinations of moving averages, timeframes, and additional indicators to find the settings that produce the best results for your trading style and preferences.

Q5: Are there any trading platforms or tools that can assist in implementing the SMC trading strategy?

A5: Numerous trading platforms and tools provide charting capabilities and technical analysis indicators, which can help traders implement the SMC trading strategy. Some popular platforms include MetaTrader, TradingView, and Binance.

In conclusion, the ultimate SMC trading strategy can be a valuable tool for traders looking to capitalize on market trends and generate consistent profits. By understanding the basics of the strategy and combining it with other crypto trading strategies, traders can enhance their trading skills and increase their chances of success in the volatile world of cryptocurrency trading. Remember to conduct thorough research, practice risk management, and stay updated with market developments to make informed trading decisions.

36 Comments

🔥Super cool vid and TY for breaking it down. I'm favoured, $15,000 weekly trade earnings even in this current economic downturn. So excited

5:54 No, that's not a choch.

where the course ay guyz aint see shit

Hey lewis ❤ just wanted to ask weekend has arrive the smc guide please ? 😂❤

Hey Prosperity Academy thanks so Much for your constant help and support to the newbies in the Trading community…waiting for the Free SMC Course you promised

you should do more simple and mechanical courses for MTF in smc like you have done tone of video for market structure. thank you for the videos they are really simple and good keep up the good work.

Thanks a lot for the clear explanation. Where can I find the link to the free course as mentioned in the end of the video? 😊

See brother what u do is simply a recap of market there's such no actual leading stretagy u r providing, i m sure this all about selling courses and subscriptions for your you tube channel… and if i am wrong then prove it by taking live entry's in the real account in front of us.. and believe me that would be the best reply to me…

Cryptocurrency is booming, notably giants like Bitcoin and Ethereum. Yet, the market's rollercoaster nature is testing even the hardiest investors. Guidance from pros like Mrs Josephine collins is a beacon during these times. Her strategy has fueled my portfolio's

fast-paced growth, netting me over 25Btc. Remember, in such a volatile arena, thorough analysis and astute decisions matter, and Mrs Josephine collins is the mentor you need for triumph

As always, find it enriching. Thanks Prosperity….you rekindled my fire

So what do you do in the event that a higher high is made instead of it staying in that 15 minute range.

Does anyone know when the course will be available?

Where is the free course link?

Where is the link to the SMC course sir

I want to know best broker app

Where's the free course mentioned in the description ?

I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.

Greatly explained about supply and demand in one liner and I stored it in my hard disk(brain!) RANGE-~~INITIATION~~ MITIGATION & CONTINUATION ; RANGE- LIQUIDATION- INITIATION- MITIGATION – CONTINUATION 🙏💥

I need a full explanation for your three candle pullback rule

can u get it right with python coding on any chart we can make good money by using any time frame as well, can you make a video on algo trading with this strategy ?, please do this kind of videos more and more, all the best.

If u are explains this subject with confidence, why can't you show this on live trades, why can't you make a recorded video of live trades, so that many can trust your theory or subject you learned.

Doesn't bookmap show where an abundance of those orders are sitting?

Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.

God bless you

Make another video on high probability order blocks

Hello do you run a mentorship or plan to in the near future? Thank you

Why are you always analyzing on 15mins is that a reason for that

I was an unexperienced stock trader and i lost over $30K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $5k profits weekly. Thanks so much Mrs. Catherine Gauthier.

Very engaging. Tried many trading EA/Indicators out there none works out well, can someone recommend any, my finance is draining by the management of wrong people.