what is smc trading strategy

Retail traders only make up about 5% of the forex market so the remaining 95% is controlled by institutional traders like banks & multinationals. The SMC strategy seeks to pinpoint when these institutional traders will be placing their orders, so that you can take advantage of the momentum it will generate.

Some people claim to look out for unusual market structure on the charts (which they call order blocks) and attribute it to the activities of institutional traders.

However, SMC trading strategy has its drawbacks because most institutional traders execute their large orders secretly in something called "dark pools" so as not to spook the market.

For me i just focus on understanding pure price action and try not to dive too deep into SMC because it is a really murky trading concept.