About this video

• Video Title: 3 ICT SMT Types That WILL Skyrocket your Trading Profits ( 91% off Bulenox is Back Code Diogenes )
• Channel: Diogenes
• Speakers: Diogenes
• Duration: 00:22:32

Overview

This video explains three specific types of ICT (Inner Circle Trader) concepts related to Market Structure (SMT) and Fair Value Gaps (FVG) that can be used to improve trading profitability. The speaker details how to identify and trade these patterns, providing examples and discussing stop-loss placement and risk management.

Key takeaways

• SMT at the FVG: This is described as the easiest SMT to spot and trade. It occurs when one asset makes a new low (or high) within an FVG while a correlated asset does not, indicating a potential shift in market structure.
• SMT within an FVG Fill: In this scenario, one asset mitigates an FVG, while its correlated asset leaves the FVG unfilled. This can signal a breakaway gap and a potential trading opportunity.
• SMT after Mitigating the FVG: This type of SMT happens after an FVG has been filled. It involves a change in the state of delivery (CSD) on a lower timeframe, confirmed by an SMT pattern, indicating a potential reversal or continuation.
• Importance of Correlated Assets: The video emphasizes the necessity of analyzing correlated assets (like NASDAQ and YM, or ES) to confirm SMT patterns and make informed trading decisions.
• Risk Management: The speaker highlights the importance of proper stop-loss placement, often below a protected low, and advises taking profits at key levels (like original consolidation highs) to manage risk effectively.

The three specific ICT SMT nuances discussed in the video are:

1. SMT at the FVG: This occurs when one asset makes a new low (or high) within a Fair Value Gap (FVG) while a correlated asset does not.
2. SMT within the FVG fill: In this type, one asset mitigates an FVG, but its correlated asset leaves the FVG unfilled.
3. SMT after mitigating the FVG: This SMT pattern appears after an FVG has been filled, often coinciding with a change in the state of delivery (CSD) on a lower timeframe.