About this video

• Video Title: Smart Money Concepts Trading Course (COMPLETE Beginner to Advanced Guide)
• Channel: The Trading Geek
• Speakers: None explicitly named in the transcript.
• Duration: 00:15:06 (906 seconds)

Overview

This video aims to simplify Smart Money Concepts for trading, explaining how big banks and institutions trade. It covers key concepts like Break of Structure (BOS), Change of Character (CHoCH), and Fair Value Gaps (FVG), illustrating how to identify and utilize them in trading strategies with practical examples.

Key takeaways

• Smart Money Concepts vs. Retail Trading: The video emphasizes that information on how "smart money" and big banks trade is often hidden, unlike widely available retail trading strategies.
• Break of Structure (BOS) and Change of Character (CHoCH): These are fundamental concepts. BOS signifies a continuation of the trend (higher highs/lows in an uptrend, lower highs/lows in a downtrend), while CHoCH indicates a potential trend reversal.
• Identifying Areas of Interest: Strong supply or demand zones, including order blocks, are crucial areas where smart money might enter or exit. The strength of these zones increases the likelihood of price movement in the desired direction.
• Liquidity Grab: This occurs when price briefly breaks a recent high or low (a fakeout) before reversing, often trapping traders and providing liquidity for smart money.
• Fair Value Gaps (FVG): These imbalances in the market are created when price moves rapidly. Smart money often returns to these gaps to fill them before continuing the move, providing entry opportunities.
• Trading Strategy: A high win-rate strategy is presented, combining liquidity grabs, change of character, and fair value gaps on higher timeframes (e.g., 1-hour).
• Simplicity is Key: The presenter aims to demystify complex trading concepts, stating that while they require practice, they are not as complicated as often portrayed.

The two methods mentioned for identifying a "strong area of interest" are:

1. Liquidity Grab: This involves identifying a fake breakout at a supply or demand zone where price breaks a recent high or low and then reverses, triggering stop losses and adding momentum.
2. Order Blocks: These are specific price levels where smart money and big banks tend to enter and exit the market. They are typically identified by looking for strong reversals in price.