Transcription
So you guys should know before we determine high-end, low-probability market conditions. You know, this is something that we can do by literally just looking at one candle, right? So here, this candle, which opened at 9:00, you guys can see that in the S&P 500, it's a down candle so far, right? So this candle so far is just given bearish price action. The same for the Dow, but for the E-mini, we have a candle which is bullish. That alone, right? This price action right here is the price action which you would like to stand clear of, right? This price action, this towards accounts, you do not want to be trading during this type of price action on a regular day. The best type of price action, right, would be trading during symmetrical market conditions, not during times like this.
So, I, I was watching the market for for around since I'd say 8:00 and I wanted to come and go live, but I saw, you know, things hint to this right here, which would leave many of you, how would I say, flabbergasted, um, confused, right? And it's fine to be confused sometimes, right? This will happen. It won't happen a lot. It will happen, and when it happens, you shouldn't be, you know, thinking that they're going to change the algorithm or they're going to, you know, change the way the market functions. There're just times whereas, you know, before large price swings, we have to have things like this happen. If you zoom out, you can, you can see the chop right here. S&P 500 and the NASDAQ. The Forex market does not look much better. I'm looking at all of those markets right now, multiple screens. You're just seeing one. No, anything, you know, which anything here which would push me to risk money? No, not at all. Nothing, which is fine. So we have the US dollar falling. We have the Euro, you know, going higher. Same for the British pound. Right now, in regards to, you know, the inaday and in-week price action, these weeks, right, should not deter you from, you know, trading or, you know, allow you to change your strategy. If you had something, you know, that was working over, you know, a period of weeks, weeks, months, and just because of one week or two, you shouldn't change that, right? You shouldn't change that during range and price action, low-probability conditions, which we have when we have less than, you know, four red folders in us. So if there's three, there's two, you're going to usually have price action like this, right? Or if it's a, you know, a week of which we would refer to as a joker or, you know, a a blank week or week one, which is currently week one, right now, right? It's Q1 in regards to the monthly cycle, which is the first full week of the month. So we still have the Dow, you know, reaching for its draw on liquidity, which is why we were mostly focused on the Dow, right? The draw on liquidity for the Dow, you already notice here. So this is the J for the D. The E-mini is lagging. E-mini, NASDAQ is lagging. This low right here, stay slow. The crude oil above these highs and look really below this. And here, let me one over time frame. So we need a daily P. The free should see side. We have a your value up here, volume imbalance here, and an inverse for value up right here, which would look something like this. Also above these size right here, a lot. And I am talking about the S&P 500, of course. Don't try to home point. Will this live stream be uploaded? Yes. So right here, right? We see this rally right here. This was, this is a micro SSS SMT, right? Which why you had this slight value of price or this, you know, pullback. So we have liquidity at these laws, right? And this is what would make this a, you know, low-probability condition, right? You get to the fact that we have liquidity here and here, right? Also, we had, you know, as we said, first the NASDAQ dropping while we had the Dow just rallying, literally doing the opposite than.
So, meanwhile, I'm looking at this candle right here. I'm actually tracking the amount of time which is left, you know, in regards to this candle. So right here, we have 25 seconds until this five-minute candle closes. So far, price is still, you know, more prone to draw to these highs, even though we have the why? Because we had the NASDAQ, right, taken out this 90-minute cycle low, right? Yeah, this is trading, right? Well, without the emotions, tape reading for you. E. So the news this morning didn't do a lot, but it did, you know, cause this, what do they call this? This, you know, cracking sentiment, which, you know, occurred when we had, you know, the NASDAQ high down, just going into different directions. Then now, let me see. We have no engineered volatility until 10:1 p.m., which, you know, will affect the bond market more than anything else. It's the 30-year bond action. Bond auction. When we have price action, we have a draw on liquidity, right? So we started the week looking for the Dow, you know, to go to 39,369, right? The draw on liquidity does not need to be met, you know, for profitability, right? You, you just need to be trading in that, in that direction, because there are times when price just won't get there, or it will be going for, you know, here, but it might not get there during this week, okay? Again, extremely slow price action. Yeah, and this is why we only trade whenever, you know, we have news events, which are always classified as high-probability days, right? Always classified as high-probability days, and that's literally just due to the fact that we know when to expect volatility, right? E. E. E. So pretty much just waiting to see price, you know, do what we expect. This right here is the five-minute time frame, right? So even right within, you know, these candles, you could find scalp injuries, right? So what do we highlight here, right? First of all, right? This right here is a two-stage sequential assessment, right? We had this, but this is a micro setup, right? This would be micro, very low time frame. So here, well, here we had the low of this 90-minute cycle being taken out, whereas it wasn't taken out in regards to the S&P 500. So the NASDAQ took out the low of Q2 of the New York session, right? Then here, what do we have here? What do we have here? We had a low time frame sequential SMT, which was, you know, lower time frame than the 90-minute cycles. This is the micro cycle, right? This right here is the micro cycle, and then here we have price going to our target right here. Can take this away. Final target would be here. By set quy. So remember the wicks or gaps, right? So right here, where is it all here? Where we had price trading into this W, right? I would classify this as a gap, but I do not differentiate between, you know, wicks and gaps, really. So here, where we had price trading into the wick, right? And right here is literally, well, basically in the formation of this candle right here, you'll see in the, when you watch it over, right? We, we wanted to see price above these highs, right? And even though we did highlight that this is not high-probability price action, which shows you that it still works, even, you know, in low-probability price action, why? Because what, what you should look for was there? The draw on liquidity was there? The corre and correlation was there, right? And then here, what do we have? And remember that we highlighted the precision swing point as well, which was on the five-minute time frame. And then there we go, right? And then, yeah, here we had the SMT fill, right? So this was an SMT fill, whereas we had this candle failed to go into this gap, whereas we had this candle, you know, trade within this scalp, right? And remember, we don't differentiate between gaps and wicks on the five-minute time frame. This is the candle that we highlighted, right, as the precision swing point, right? And precision swing points, they, they do not need to be, right, well, within both of the assets, they don't have to be the lowest closed candle. What do I mean by that? Right here, we have this being an up-close candle in regards to the S&P 500, but for the NASDAQ, this is a down-close candle due to the fact that the during the NASDAQ, right, this was already, right? See, this is a swing point, a classic swing point, a precision swing point. This is not. And, you know, we will go over things like this. So right here, we had live, you know, a tracking correlation between what, you know, S points and, you know, this one happened to be a precision swing point at the same time. You know, a lot of light bulbs should be turned on for you. And but we will, you know, go into greater detail of that. So to what would I say, you know, to go over everything that, you know, we saw pertaining to this happening, right? Turn into price going to or draw liquidity. What were we looking for? Well, or what was there? The first thing is we saw this, right? Price interesting point, right? That was the first thing that we saw. That was the most important thing which led to this right here being important. We had the NASDAQ, right, taking out this 90-minute low. And remember, this is low probability. These are the fact that we had the Dow just doing its, you know, what it's doing. And whenever the Dow is doing stuff like this, what do you focus on? The NASDAQ, on the S&P 500. So literally, you would just be looking at this, right? So we had the NASDAQ take this low out of this 90-minute cycle, which was the second quarter of the New York session, right? Precision swing point formed below, right? We had a close above this candle, but what caused the position soon point to F on the one-minute time frame? Right after we had this cing correlation in regards to the 90-minute cycles, we had had, you know, during the micro cycles, we had another crack and correlation, right? And this two-stage setup, you know, it is fractal and it will always be repeating itself. So I hope that you learned something from this, and we will be back. But for sure, this Sunday, I am not sure if I can be back Saturday, but I will try. And I want to have more, you know, live streams like this, right? And if you wish, um, I believe that I could, you know, go over this, you know, in, what would I say? Well, this is already real-time, but, you know, in hindsight, since, you know, it's more difficult to for people that are, you know, learning, it's more difficult to, you know, pay attention or what do I say, not doubt the setup or the price action or whatever you're looking at in regards to the charts, right? In real-time, due to the fact that, you know, you don't have enough experience with it. But for sure, you know, you could go over it in real-time, well, not real-time, in hindsight, looking back, which is basically, you know, everything that you have been, you know, learning coming together over the past few months. So if you're here and, you know, you saw this happen, right, live, and you saw everything that we talk about just coming together and allowing price action to, you know, turn around, even if it's not a huge move, it's a low-probability day, but, you know, the setup, you know, if you took the setup, it would have given you, you know, at least three hours, right, with minimal drawdown. So I hope that you found something useful from this. I hope that it helped you in some way, and, you know, we look forward to doing more of this. Have a wonderful day.
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All you want to me is the bre. You said I am the walking tent on burning the stream many times. Can I ask you how many days can I go without you show?
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The distance is a [Music] kill fire.
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Of how many days can I go?
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Sh.
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