2 Simple Strategies to Trade US30 Index with CRT SMC

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2 Simple Strategies to Trade US30 Index with CRT SMCWall Street 30TRADENATION:US30VasilyTrader I will teach you 2 simple strategies for trading Candle Range Theory on US30 Index with SMC. I will show you the efficient CRT price models and explain different ways to identify a profitable confirmation entry signal. The core of profitable CRT trading is the selection of a proper candlestick. No matter what entry strategy you will use, the rules and conditions of a candle that you will trade will be the main element. So let me start with explaining how I pick the perfect candle. The first important condition to be met is a strong imbalance. Our perfect candle will be an imbalance bullish or bearish candle with a large body and relatively small wicks. The second condition is a trap and a liquidity grab beyond the range of that candle after it closes. That is the example of such a candle on US30 index on a 4H time frame. We see a strong selling imbalance candle with a large body. After this candle closed, a trap below its low occurred. We will trade ranges of only such candles. Once these 2 conditions are met, you can look for entry signals with these 2 strategies. Strategy 1 With this strategy, we will use the same time frame for the identification of an entry signal. I suggest waiting for the start of a consolidation and a weak momentum after a trap. The price will likely start coiling within a horizontal range. In this range, an accumulation of trading volumes will likely occur. Your signal to buy will be a breakout and a candle close above a resistance of the range. That will confirm that the accumulation is completed. TP will be a couple of pips below a candle opening level. Stop loss will be below the low of the trap. Strategy 2 With this strategy, we will use lower time frame analysis for the identification of an entry signal. If we spotted a candle for CRT trading on a 4H, we will look for a signal on an hourly time frame. On an hourly time frame, we will need to do a market structure mapping and search for a bullish change of character CHoCH as an entry signal. It will confirm a violation of a minor bearish trend and signify a strength of the buyers. Entry will be after a pullback on a retest of a broken level of the last lower high. Stop loss will be below the lows of the trap. Take profit will be based on a 4H candle opening level. Strategies' Strengths & Weaknesses Entry strategy on the same time frame is way easier and provides a higher accuracy. At the same time, a lower time frame confirmation will provide an entry signal earlier, giving a way better reward to risk ratio. Also, remember that with the analysis of multiple time frames, there will always be a higher chance of an occurrence of a signal and a consequent entry. Personally, I prefer a top-down analysis entry strategy for CRT trading. If you are a beginner, though, start with a single time frame analysis as it is more straightforward. The final result of the setup that we analysed on US30 is the following: While an hourly time frame analysis provided a perfect entry confirmation, a 4h time frame analysis did not provide an entry opportunity as the price did not retest a broken resistance. Try both entry strategies and pick the one that is more suitable for you. Thanks for reading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.