You are currently viewing Wyckoff–SMC Range Strategy Trading Plan

Wyckoff–SMC Range Strategy Trading Plan

Strategy

🟡 WYCKOFF–SMC RANGE STRATEGY TRADING PLAN

(Optimized for Gold & Major FX pairs on the 15-minute timeframe)

Step 1

Market Framework: Identify the Environment

Goal: Decide if we are in a ranging or trending market before doing anything.

  • Check 1H chart → draw clear support & resistance (at least 2 touches each side).
  • Confirm 15m structure → price oscillating inside those levels = range confirmed.
  • Volume check: Low–moderate volatility = good; strong impulsive moves = avoid (that’s a trend).
  • Wyckoff context:
    • Accumulation or Distribution = range → ✅ trade it.
    • Markup or Markdown = trend → ❌ skip mean-reversion; switch to breakout logic later.
Step 2

Range Mapping: Set Your Battlefield

Goal: Define where price is likely to bounce or reverse.

ZoneMeaningHow to mark
🟩 Support (Demand)Range bottomUse last swing low, bullish OB, or liquidity sweep zone.
🔴 Resistance (Supply)Range topUse last swing high, bearish OB, or liquidity sweep zone.
⚫ Equilibrium / MeanMid-point of range50% of total range height; target area for mean-reversion trades.

✅ You’ll only enter at the edges (Support/Resistance).
The middle is where you take profit, not open positions.

Step 3

Entry Logic: Wait for Smart Money Confirmation

Goal: Only trade when institutions have shown their hand.

🔹 Buy Setup (at Support)

  • Price sweeps liquidity below support (EQL or prior swing).
  • Bullish OB or FVG forms within that area.
  • CHoCH/BOS occurs to the upside on 5m.
  • Enter on candle close or refined OB entry.

🔹 Sell Setup (at Resistance)

  • Price sweeps liquidity above range top (EQH or prior swing).
  • Bearish OB or FVG forms.
  • CHoCH/BOS to downside on 5m.
  • Enter short on candle close or refined OB entry.
Step 4

Trade Management: Protect Capital, Lock Profit

ActionRule
Stop-loss (SL)Always beyond the swept liquidity or OB extreme.
Take Profit 1 (TP1)Mid-range / equilibrium (≈ 1:2 R:R).
Take Profit 2 (TP2)Opposite edge of the range (≈ 1:3–1:4 R:R).
Move to BEAfter TP1 hit or after BOS in your favor.
Risk per trade0.5–1.0% max. Never exceed 1%.
Max concurrent trades2–3 only; avoid over-exposure.
Step 5

Session Timing: When to Trade

Session (PHT)BehaviorStrategy Mode
6 AM – 9 AMEnd of NY → Asia openIdeal: liquidity reset & range formation
7 AM – 1 PM (Asian)Low volatility, sideways✅ Mean-reversion mode active
3 PM – 5 PM (London open)Breakout from range⚠️ Exit range trades; switch to trend logic
8 PM – 12 AM (NY)Trend continuation❌ Avoid range setups

💡 Trade the range during Asia, trade the breakout during London.

🎯 Best Sessions to Trade Ranges (Gold & Majors):
  • 6 AM – 9 AM (Pre-Asia / Late NY): Post-NY reset often sets up clean early range zones.
  • 7 AM – 1 PM (Asian Session): Best time for mean reversion. Price respects levels; Smart Money accumulates or redistributes.
  • 1 PM – 3 PM: Transition toward London; slight expansion — trade smaller or manage partials.
  • 3 PM – 12 AM (London & NY): Breakouts dominate — range setups usually fail.

Why Asia Works: Low volatility = smoother structure, fewer fakeouts, and clean mean reversion toward equilibrium. Strong fit with Wyckoff accumulation/distribution.

⚡ Pro Tip: Trade the Asian range, then wait for the London breakout — never both.

Step 6

Risk & Psychology Rules

  • Only 1–2 high-quality trades per session.
  • If 3 consecutive losses → stop trading for the day.
  • Don’t chase mid-range price; only act at POIs (range edges).
  • Log every trade with a screenshot & note if it was a clean range, sweep, or breakout.
  • Focus on process > profit — following this checklist strictly produces consistency.
Example

Example Trade Flow

Pair: XAUUSD 15m
Phase: Accumulation range (Asian session)

  1. Identify support 4 085, resistance 4 160, mean 4 120.
  2. Price sweeps below 4 085 → prints bullish OB → CHoCH up on 5m.
  3. Enter long at 4 090, SL 4 075, TP1 4 120, TP2 4 160.
  4. Once 4 120 hit → move SL to BE; hold partial to 4 160.

✅ Clean 1:3 R:R mean-reversion trade.

Step 8

Transition Rule

When a clean BOS above or below the range boundary occurs with volume:
→ Range mode OFF
→ Switch to trend-following Wyckoff-SMC breakout mode (markup/markdown trading).

Summary

✅ Quick Reference Card

ComponentSetting
Structure TF1H
Execution TF15 m
Trigger TF5 m
Session (PHT)6 AM – 1 PM
Risk per trade0.5–1.0%
TP levelsMid-range & opposite edge
SL placementBeyond liquidity sweep
R:R Target1:2 – 1:4
Bias filterTrade only in accumulation/distribution (sideways)

Ulysses Lacson

With a dedication to fostering entrepreneurial growth, I aim to equip my readers with the insights they need to thrive in the exciting realms of trading and affiliate marketing alongside my expert team.

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