Learning to properly select manipulation points is the key to tracking smart money.
The fact is only 10 banks control nearly 70% of the daily forex market volume. As such, they must search out buyers when they want to sell and sellers when they want to buy.
If we can then identify areas of liquidity properly, we can identify the highest probability turning points as we know smart money needs this liquidity to both enter as well as exact these large positions.
In this video I break down the key factors behind the level selection process, as well as introducing the basics rules behind apply this to the live market.
If you’re interested in learning more about the level selection process and Bank Trading Strategy you can do so via the course page here.
-Sterling
If you have not watched part 1, I would do that first.
Part 1 – The Smart Money Cycle
After you’ve finished part 1 & 2 you can move on to the 3rd part of the series.
Part 3 – The Confirmation Entry