SMC | Forex Reversal Trading Patterns

Рет қаралды 8,852

2 жыл бұрын

Trading Reversals in Forex is simple if you look for standard chart and candlestick patterns at the right places.
I demonstrate two very simple candle formation patterns, followed by a chart pattern for buying and for selling the market.
Combine these simple strategies with a higher time frame (HTF) point of interest to get the best results.
It's a very simple Smart Money Concepts formation that happens over and over again in the market, and if capitalized on, can drastically improve your trading results.
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I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
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Пікірлер: 62

@FellyMahlatsi Жыл бұрын

This is brilliant. You are the first trader/tutor to show how to trade ranges; everyone else I have watched recommends ranges be left alone, yet they confirm that the market ranges almost 70% of the time. I always found that confusing. Thank you and well done.

@TradeForexwithPaul Жыл бұрын

Thanks so much Felly. Yes - price spends most time ranging, so it's important to know how to handle them

@thesamnorris 2 жыл бұрын

Always sharing killer knowledge. Thanks

@TradeForexwithPaul 2 жыл бұрын

Thanks so much Sam!

@AaronKnightley 2 жыл бұрын

Awesome video and great information Paul

@TradeForexwithPaul 2 жыл бұрын

Really appreciate the watch. Thanks mate

@hemantsharma5928 2 жыл бұрын

Humble appreciation 👍👍👍.

@TradeForexwithPaul 2 жыл бұрын

Thank you 🙌🏼😎

@TradePKR 2 жыл бұрын

Good Clip

@TradeForexwithPaul 2 жыл бұрын

Thanks mate

@adamward-ghous6443 Жыл бұрын

Hi Paul, I’ve been exploring the charts trying to apply this method. It definitely works well but I find that it can take 3 to 4 losses before price finally shoots up/down and head towards TP. Is this your experience too? My points of interest were S/R zones, S/D zones and OBs. Really enjoy your content by the way. Very refreshing to find someone who just talks honestly about their trading . Cheers.

@TradeForexwithPaul Жыл бұрын

It happens mate. Use HTF POIs, preferably OBs before dropping to lower timeframes. Also, make your SL larger

@MikeSHogan 7 ай бұрын

I'm really enjoying your videos. Thanks for sharing your strategy with us. You use the term 'rebalance' in several of your videos. Please could you explain what you mean by this?

@TradeForexwithPaul 7 ай бұрын

Thank you - for sure - its when the 3rd candle comes back to touch the wick of the 1st candle. It doesn't have to be the 3rd, but generally speaking it's when the imbalance has been used up

@konradk_ 2 жыл бұрын

thank you, great content! qq - do you usually risk 1% per trade with this 1m OB strategy or less?

@TradeForexwithPaul 2 жыл бұрын

Thank you Konrad! I typically trade with between 0.25 and 0.5% - sometimes 1%, but it's rare when the account gets bigger. All about risk mitigation

@lisah7020 2 жыл бұрын

Brilliant stuff - most folks charge for this detail! So choc is 2 x BOS - do they have to be consecutive and could scalping be done on even lower timeframe like 5 min with entry on 1 min pls?

@TradeForexwithPaul 2 жыл бұрын

Thanks so much Lisa! Yeah, I think Choc according to everyone else is 2x low-level BOS, but I try to get an actual BOS to confirm a trend change unless its at a predetermined POI. And yes, of course - I often use the 1 min to enter. Sometimes lower like the 15 sec if I know my brokers spreads are low enough at the time of entry. Its often you'll get a double confirmation within 1 move, so one original larger SL (say 3 pips), then another when price comes back to retest that stop loss you can get a smaller 15 second Order Block to chase which can be

@adamward-ghous6443 Жыл бұрын

@troytrey Жыл бұрын

Follow htf trends

@TradeForexwithPaul Жыл бұрын

Thanks for the thoughtful comment mate and apologies for the delayed response. I find that losing streaks are fairly common, but reduced heavily depending where on the chart you place your orders from. If you aim for the extreme of structure on the HTF in an unmitigated POI with imbalance away from the area- possibly with a sweep as well then youre very likely to do well. Target the next TF H/L

@andrewbaird509 Жыл бұрын

What is tagged?

@MAG_FX 2 жыл бұрын

Great video mate but this strategy looks more complicated for me so i don't if you can make a video to break it to the simplest level and how we are going to take our analysis in multiple time frames

@TradeForexwithPaul 2 жыл бұрын

Thank you for the watch and comment mate. I certainly will do that for you 🙌🏼📈

@TradeForexwithPaul 2 жыл бұрын

Video recorded today, but don't have time to edit this evening so will edit tomorrow morning and publish tomorrow evening if all goes well. Thanks again mate for the suggestion - I hope it helps a lot :)

@MAG_FX 2 жыл бұрын

@@TradeForexwithPaul thanks mate

@MAG_FX 2 жыл бұрын

@@TradeForexwithPaul thanks alot mate we really appreciate.

@Rob2isking007 2 жыл бұрын

You’re a beast.

@jorgecastillovega264 Жыл бұрын

DIiscord?? I want trese pleace! Where?

@TradeForexwithPaul Жыл бұрын

Will put a link in the community section or into the description of videos when the next group of people can come through mate. Just staggering the approach :)