What is SMC Forex trading?<\/h3>\n\n\n\n
SMC Forex trading is a form of price action trading that uses unique terminology to discuss supply and demand, support and resistance, and market structure. SMC traders believe that market makers manipulate the markets and that retail traders should follow their strategies<\/a>.<\/p>\n\n\n\n SMC theory is based on the idea that market makers, such as banks and hedge funds, have the most influence on the market. SMC traders believe that by identifying and following the trades of market makers, retail traders can increase their chances of success.<\/p>\n\n\n\n SMC Forex trading<\/a> originated with The Inner Circle Trader (ICT), offered by Michael J. Huddleston. Huddleston developed SMC theory based on his years of experience trading as a market maker.<\/p>\n\n\n\n Some of the key SMC concepts and terms include:<\/p>\n\n\n\n SMC Forex trading is a controversial strategy<\/a>, as some critics argue that its theory is speculative and unverifiable, and that its terminology can complicate learning and communication. Others argue that SMC is repackaged price action trading with unnecessary complexity.<\/p>\n\n\n\n Pros:<\/strong><\/p>\n\n\n\n Cons:<\/strong><\/p>\n\n\n\n To trade using SMC, traders need to be able to identify order blocks, breaker blocks, mitigation blocks, flip zones, and fair value gaps. Traders also need to have a good understanding of market structure.<\/p>\n\n\n\n Once traders have identified these key elements, they can look for trading opportunities. For example, traders may look to buy at the bottom of an order block or sell at the top of a breaker block. Traders may also look to trade at flip zones or fair value gaps.<\/p>\n\n\n\n Here are a few SMC trading tips:<\/p>\n\n\n\n Here is a simple SMC trading example:<\/p>\n\n\n\n The market is trending up and the trader has identified an order block at the bottom of the trend. The trader decides to buy at the bottom of the order block. The market continues to trend up and the trader’s trade is profitable.<\/p>\n\n\n There are a number of SMC trading resources available online and in libraries. Some of the most popular resources include:<\/p>\n\n\n\n SMC Forex trading is a popular trading strategy that uses order blocks, breaker blocks, and other concepts to identify and trade alongside institutional traders. SMC traders<\/a> believe that the market is manipulated by large institutions, such as banks and hedge funds, and that by identifying and following their trades, retail traders can increase their chances of success.<\/p>\n\n\n\n Q: Is SMC Forex trading profitable?<\/strong><\/p>\n\n\n\n A: SMC Forex trading can be profitable<\/a>, but it’s important to remember that there is no guaranteed trading strategy. SMC traders need to have a good understanding of the market and be able to identify order blocks, breaker blocks, and other key elements.<\/p>\n\n\n\n Q: Is SMC Forex trading right for me?<\/strong><\/p>\n\n\n\n A: Whether or not SMC Forex trading is right for you depends on your individual trading style and risk tolerance. SMC trading is a risky strategy, so it’s important to make sure that you understand the risks involved before you start trading.<\/p>\n\n\n\n Here are a few additional tips for SMC traders:<\/p>\n\n\n\n SMC Forex trading is a powerful trading strategy that can help traders to identify and trade alongside institutional traders. However, it’s important to remember that SMC trading is a risky strategy and that there is no guaranteed trading strategy. SMC traders need to have a good understanding of the market and be able to identify order<\/a> blocks, breaker blocks, and other key elements.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Introduction Smart Money Concepts (SMC) Forex trading is a popular trading strategy that uses order blocks, breaker blocks, and other concepts to identify and trade alongside institutional traders. SMC traders believe that the market is manipulated by large institutions, such as banks and hedge funds, and that by identifying and following their trades, retail traders […]<\/p>\n","protected":false},"author":4,"featured_media":26567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Smart Money Concepts: A Guide to SMC Forex Trading","description":"Learn about the Smart Money Concepts (SMC) Forex trading strategy, including its core concepts, terminology, pros, cons, and whether or not it's right for you."},"footnotes":""},"categories":[687,12871],"tags":[4303,321,2181,229],"class_list":["post-26564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-strategies","tag-education","tag-forex","tag-strategy","tag-trading"],"_links":{"self":[{"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/posts\/26564"}],"collection":[{"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/comments?post=26564"}],"version-history":[{"count":0,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/posts\/26564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/media\/26567"}],"wp:attachment":[{"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/media?parent=26564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/categories?post=26564"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.investorsradar.com\/wp-json\/wp\/v2\/tags?post=26564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}SMC theory<\/h3>\n\n\n\n
Where did SMC Forex trading come from?<\/h3>\n\n\n\n
SMC core concepts and terminology<\/h3>\n\n\n\n
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Controversies about SMC Forex trading<\/h3>\n\n\n\n
Pros and cons of SMC<\/h3>\n\n\n\n
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How to trade using SMC<\/h3>\n\n\n\n
SMC trading tips<\/h3>\n\n\n\n
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SMC trading example<\/h3>\n\n\n\n
![\"9798846354524\"](\"https:\/\/www.investorsradar.com\/wp-content\/uploads\/2023\/10\/9798846354524.jpg\")
<\/figure><\/div>\n\n\nSMC trading resources<\/h3>\n\n\n\n
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Conclusion<\/h3>\n\n\n\n
FAQs<\/h3>\n\n\n\n
Additional tips<\/h3>\n\n\n\n
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Conclusion<\/h3>\n\n\n\n