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M28:26

Transcription

Hello everyone. Good evening. I hope that most of you, you know, or at least, you know, 75% of you guys had a, you know, proper trading week, right? It was straightforward, right? And as you guys know, right, we mostly focus on time here. And I will try not to go over 30 minutes, right? I'm trying to, you know, keep everything very compact. And I'm trying to just be straightforward, right? I don't want to talk about, you know, stuff that you don't need, but, you know, could help you. I I just want to talk about things that work, right? Things that always repeat. So, we'll just be touching on the basics a bit. I don't want to be, you know, just introducing new things every week. Every week, new things. I've been doing that for a while. And I think that some people may have, you know, gotten a bit confused, right? Cuz you know whenever you talk about something that's new, a new topic, immediately you know everyone drops everything that they you know previously had in their hands that was working, right? But that's just how we are.

Anyways, here you guys can see on the screen, right? This is the economic calendar for this week. Today's today's Thursday Q4 right where we usually expect reversals right we previously stated that you know Thursday you know would be important Thursday would you know more than likely and I always say more than likely not this is going to happen why because it doesn't have to it does not have to happen and that's why we have a stop loss right? So here but you know fortunately this week it did happen right Thursday you can see that we have three red folder news events here USD right three red folder news events on Thursday which is today tomorrow there's two yesterday we just had one so when I saw this right the way I interpreted this information right was that okay simply you know that's how it looks there will be more news on Thursday which means that there will be more volatility which means that it will be more important right? Do you understand that? And that alone by itself doesn't mean anything right? But it means that you know there's a likelihood that we right? Or you know we will get volatility on that day. But you know you need to have what? There are two main things. Well, there are three main things. This number one, this right here is number one, right? Red folder news events. Understanding that the number of red folder news events on you know a particular day means something right. The day with more red folio news events, right, has a higher likelihood of forming the high or low of the week, right? So for your sequential SMTs or intermarket sequential SMTs, that day will more than likely form the second swing, which could either be a failure swing or a stop run, which sends price lower. Do you understand? So just by having this information, you're you're ahead of everyone. No, you won't be perfect. No one will be perfect, but as long as you you you have your head on your body, right? As long as you're not risking too much, you'll be good. Right? This is the gist of everything, right? This is the first you know concept when it comes to time. You need to know which day is going to have or which day might have the most volatility entering the marketplace.

As you guys realize right right this week we had a X AMD you know model for you know most asset classes you know the futures tried you know more particular if I'm being more particular so Monday and you guys will see right price expanded when you see expansion on a day right which has no news events, expect price to return to that range. Expect price to return to, you know, that leg of price action that just expanded for no reason. Which it's not that it just expanded for no reason. It's just that price is making and listen clearly. Listen to this. Price is making space for itself. Right? So the first thing is right to refresh everyone's brains right here you can see that on Wednesday right which is the you know first day that we had news and this is the FX triad right forex triad this isn't the only one by the way there are more right but this is just the main one, right? Because if I just, you know, if I was giving you for, you know, euro, GBP and, you know, every all of the crosses and exotics, then it would be, you know, very confusing. So that's why, you know, we mainly focus on nine pairs, right? The members of the FX trade as you guys know the futures trade and the interest rate trade. So here right this was sequential SMT right between London session and New York session of yesterday right here right the formation of the lower week for the US dollar right it was Wednesday with the failure swing occurring here on Thursday which is today this candle right here is a precision swing here and you'll find more if you go down into lower time frames. So here sequential SMT again here sequential SMT here sequential SMT right where we had the British pound right and the British pound just being the British pound right here right stuck within a range still while we had the euro falling and sequence SMT here as well. So as you guys can see right if you guys remember right the failure swing will expand more just as how here right was a failure swing here didn't go above this high dropped right here failure swing expanded here stop run they don't drop as much as you know this.

And here is where you know things get interesting right. So here right we have two precision swing points right the first one which occurred here right here it's clearer here right this candle here is the up close candle this candle here's the down close candle for the Dow right there was no sequential SMT here but you can see that there was opportunity within this is a 4-hour candle, right? So, you know, there was opportunity here within this candle right here. What happened? There was price dropped, took this low, right? Then expanded higher. Price traded above this position swing point, formed another precision swing point at the same time, right? That this one was formed. This one obviously that's why it's a precision swing point. All of the entries right which caused price to fall lower was within this precision swing point. And this is you know one of the most important things. Precision swing points. You know, I would argue that it is, you know, it, you know, more important than SMT because the precision swing point, you know, the candle which, you know, immediately follows after a precision swing point, you know, it usually gives a reversal. Even if it's, you know, it just trades to the 50% of the, you know, position swing point, it still gives you something to do and it's always a sign that price is going to reverse, right? So here you can see this was SMT. See flash SMT price failed to run up below this low also failed to close here here closed below this low here failed to run below this one here with below this one if you look at the one hour time frame then this will be clear of course right but the thing that I'm trying to show you right now is here where we have a precision swing point here and this is specifically right for the weekly cycle, right? So, this is the only time that you know you could pay attention to the 4-hour time frame in regards to the weekly cycle, right? So, given that we have we had this precision swing point here, 4-hour time frame, right? It formed when? Wednesday. Another one here formed when Thursday. So we have a precision swing point above a precision swing point right here. Do you see that? That's a cracking correlation is here. We have hidden sequential SMT and we have right here the cracking correlation between these precision swing points. Right? So we have two right one here, one here, one here, one here, one here, one here. You know two for each asset. The next immediate candle which comes after the second precision swing point forms which you know should you know they should form within different quarters you know usually explains usually gives you a reversal. And what else? Which day is it? It's Thursday right? The day that we expected you know expansion reversal into a market sequence was a sequence of 17 to 4 right and why did we expect was it just because oh it's Thursday it's just Thursday so every Thursday I'm not going to look at the economic no you have to look at the econ economic calendar cuz this could have happened on Wednesday if there was no news or less news on Thursday here, right?

Previously, we were looking at a 4-hour time frame, right? There was a 4-hour precision swing point. Now, within that 4-hour precision swing point, what do we have here? A one-hour precision swing point. You see where we're getting it now, right? So, we have a precision swing point inside a precision swing point. Then what happened after expansion? So, do you guys remember when the last time we spoke there was just consolidation here, right? There was nothing here that was clean, right? But what was you know what stood out about the consolidation? Do you guys remember here? Right, we had sequential SMT here at this low and sequential SMT at this high, right? This was within the daily cycle. If you guys, you know, remember, right, the higher time frame cycles sequential SMTs or intermarket sequential SMTs will trump the lower time frame sequential SMTs. And as you guys remember, right, I talked about how equal sequential SMTs meaning you have you know two sequential SMTs within a cycle whether it's a weekly cycle a daily cycle monthly cycle doesn't matter right if you have one forming the high of that particular day and one forming the low of that particular day this consolidation will breed high probability what does Does that mean if we have a higher time frame sequence SMT form above that consolidation given that cuz you guys forget this part right it's above the true open which for the week which it is talk about that eventually right once that happens, you know, you're going to get a reversal given that and I'm saying this again cuz it's important you have news events during that quarter, right? So here this was consolidation, this is manipulation expansion. A m here this is the euro, right? So we had this is where we got well one of the assets that gave us the intermarket sequential SMT right and another thing to note right is that while this was this this occurred before this high was in place right so we had this right here on while this candle was, you know, dropping. We had this one being formed, the precision swing point. So, this candle just dropped. The precision swing point formed. What's going to happen? We already have sequential SMT, intermarket sequential SMT here, right? This is going to follow suit. This is showing you weakness that's, you know, upcoming here, right? Also we had intermarket sequential entities between bonds well between the entiret right and again while price was already dropping that's when this formed right here. So the thing that's important right here is noting that okay there is sequential SMT. If this candle did not trade above here, it would not be intermarket sequential SMT. It would not be important, right? But the fact that this was already in place and then this occurred intermarket sequential CMT price was already here. What's going to happen? It's going to try to keep up with this. It's going to try to do what this has already done. Also, if you look at the 15-minute time frame right here, if you look at the 15-minute time frame here, you'll you'll you'll also see another sequential.

So here on the chart, right, we're looking at the NASDAQ up the top right here, right? And you you basically only do this, but you know, you can do this as well. Even if there was sequential SMT between the E-mini and the S&P 500, you know, you don't really need sequential SMT, right? You don't need it. It's just for, you know, accuracy or, you know, you don't 100% need it, but you need precision swing points. Yes, you need precision swing points. You need it 100%. Without it, you know, I, you know, I used to say before I talked about precision swing points, you know, whenever it was what it used to be a secret, right? I used to just say, "Oh, it's SMT, SMT." No, it's precision swing points. That's what it is. You need to focus on that. You need to I I see people just, you know, posing charts, not noting the precision swing points. You need to note it. You have to note it. It's not just, oh, there's SMT here. No, this is this is important. If you see a daily precision swing point form, pay attention to it. Will it 100% of the time span out? No, not 100% of the time. Nothing does that right. And I am not going to, you know, act like, you know, it's perfect. It's highly accurate, but it's not perfect. I'm not going to just, you know, okay, I get this wrong and I come and say, oh, you know, the market makers are chasing my stop loss. No, not going to do that. I'll You'll never see me do that. I don't care. I'm here. I wake up in the morning. If I place a trade, it hits a stop. I don't care if I'm wrong. I don't care. When I'm right, I still don't care. And that's how you should be, right? That's the mentality that you need. It's not, okay, I need to place this trade and I'm going to risk 50% of my account and if I lose, no, no, no. You lose. Well, you have permission to go back in with half risk. You lose again, then you're done. You win, you're done. That's it. Right.

So, here where you see me have this yellow icon, right? You can see that here this candle filled this gap right right before This position swing point was formed actually, right? Remember that all of this that you see happening here occurred within the 4-hour position swing point. Right? Just remember that it's fractal. It's all fractal. So here price traded down into this gap expanded then immediately after I see immed and I saw some of you guys just took the precision swing point and that was amazing to see you guys just straight with the precision swing point so long right? So here run above this high right after price filled this gap remember that what happened just dropped why did it up. Okay, here this gap was filled and because this gap was filled here and the precision point formed after this gap was filled, there was no reason for this to get filled and during the formation of this candle. What do we I posted high today is in whatever right price continue to drop here we have this consolidation if you guys remember right was formed by sequence SMT here sequence sequential SMT here higher time frame sequential SMT trumps this lower time frame sequential SMT right even here these lows there was sequential SMT Right? And within the lows we had precision swing points. Right? So what do you get from this sequential SMT? Right? Even though you know it breeds expansion, it gives you reversals most of the times. Whenever you have intermarket sequence SMT, it will expand more. Understand that nothing in price is random. Nothing does nothing just happens, right? And that's why you have to be patient because these precision swing points sequential SMT intermarket sequential SMTs something that's needed for them and without this thing which is you know redfold news events without that without you know having these things that we look for form within that time then you are, you know, you're just going against, you know, the odds. That's what you're doing, right?

I got a question someone asked him, "Do I really need to, you know, use, you know, portfolio news? Do I need to pay attention to it?" Yes, you do. That's that's the number one rule. That's why, you know, since we've began, every time we do a live stream, we look at the news, we look at what we need to expect, right? So here where we have this high this low right of this specific day whenever you see you know this type of price action occur within you know or on Tuesday first of all here's a true open right you can see that price went above there and did all the business above the true open it's not here it wasn't right here would even make sense if it was here open Right. And as I said, whenever you see this type of price action on Monday, it's just, you know, creating space for itself on the way down, right? So, we expanded definitely not going to trade this. Once you see Monday expands, you look for targets, right here, true open. Price consolidates around the true open. How did price consolidate around the true open? What caused price to consolidate? SMT. SMT. SMT at the highs of the lows. That's what causes consolidation. We went in a tight range until Wednesday. Sequential SMT price expands. Inter market sequence is guaranteed precision swing point and price drops.

So I hope that you paid attention or that you took notes, right? I don't put titles on them for a reason, right? Because, you know, I don't know if someone's, you know, not paying attention and they just try to, you know, steal the information and just post it somewhere else. Right? This way you have to watch it. This way you have to watch it and pay attention, right? This way you have to take notes. This way you have to, you know, basically just name it yourself, right? And no one can just, you know, take it, download it, and just cuz it it won't have that title that, you know, has people just looking at it like, okay, what is he talking about? Oh, it's just a lecture. What what what news are you talking about? Anyways, we will be back, of course. Right. Sunday at 6:00 p.m. Eastern Standard Time. If we have news on Monday or Monday 6:00 p.m. Eastern Standard Time, if we have news on Tuesday, pay attention to this. All right. The only thing that you need, you know, is to just be able to control yourself. Don't trade when you're not supposed to trade. And if you can't manage that right now, it's okay. Eventually you will you know get to that level whereas you know you just want something that works and repeats you know you and the most important thing is you need to know what's going to happen at or what might happen at this particular time and with that being said good luck and good trading.