Welcome to my forex channel! Where I cover forex smart money concepts and my order block trading/scalping strategy!
Welcome traders! In this video, I go over a quick institutional/smart money/ order block forex scalp I took on GBPUSD. I formulate my trade ideas using intraday time frames, such as the 4 hour, 1 hour, 15 minute chart, then use the 5/3/1 minute chart for entry!
The main point I want you to take from this video is that trading forex institutionally/using smart money concepts doesn’t have to be hard! You just have to remember to validate your trade ideas, backtest, and use strict risk management!
Some confirmations I used for this trade include: market structure, imbalance, institutional candles, orderblocks
If you are interested in an institutional forex scalping strategy video, let me know in the comments below!
I am a beginner forex trader, if you would like to learn more about the concepts I discussed in this video, I would recommend watching the channels: mentfx, MoreHarrisonUwah, and Pips of Persia. They all have amazing content that covers institutional order flow, Wyckoff and imbalance.
Understanding smart money concepts in forex will help you breakthrough from trading like a retail trader, and become part of the 5% who are profitable trading forex! Concepts like these are also great for taking the FTMO funding challenge!
If you would like to see more Forex content from me, please drop a like and subscribe to my channel, and leave any suggestions in the comments below!
Please note: the content of this video is intended as entertainment and should not be taken as financial advice. Trading forex and other financial securities such as Gold (XAUUSD) is extremely risky and you should do your own due dilligence.