Transcription
Yeah, I have a slight cold slash flu. I'm not sure what it is, but at times I will probably, um, mute for like two seconds. I'm probably sneezing or something, right? So don't pay that any mind. Sadly, right, I was not here. Like, to be honest, I wanted to be live streaming yesterday during New York session, but, you know, life did not allow me to do that. I had to get my mom, right, to help me with my baby. So I had to get her, get her from the airport and so on. Then I was like, so tired, you know, in the evening. Just which actually was insane. Been tired, so tired for the past, um, I'd say two weeks. Busiest time of my life. But anyways, yeah, we'll be talking about what happened yesterday. And what happened yesterday is what will likely occur today, right? Because this is the thing that actually puts price in action, or put the action in price action, right? This is it.
So, first of all, let me. This is the London of the London session for the ES. Whenever the DXY was overextended like this, we keep our eyes on ES and NQ, right? We have news to be released at 8:30. All right. So at 8:30, we have USD high impact news. Right now, we can see the countdown clock right here. Two minutes. What am I seeing? Got a dollar comparing it to the euro and the pound. So we have SMT between the pound and the euro at the highs, which is why, which is what caused price to, you know, drop like this. And more, you know, profound, we have SMT between the US dollar index and the euro. So on the euro, we have a closure which occurred here during New York, which closed above this closure right here. But here, we can see that price actually traded below this low and below this one and closed as well. So I guess, okay, I'll just wait for the news to be released. I'll more than likely be here for an hour or so, or maybe even more. Did there's the news? Where does it close though? Let's see. So there we have it for so far. We have. But so far, we do have sequential SMT here. But, you know, we have to. If we don't get one here, like between this 90-minute cycle's quarter and this one, then there's nothing to do, you know? That we need to wait for two for. And there's this five-minute timeframe. So it's just a wick, right? So, so you guys just, you know, you know, took from what we just said or what we, you know, highlighted was, you know, this low, right? Hell, this low right here and this one right here. And basically, that's it.
So whenever we have SMT, right, prior to a news event, and we have that low being wicked through, price will be, usually is propelled in the opposite direction, right? Because if you guys remember, right, what we talk about when it relates or comes to these lows are that they are not symmetrical. Therefore, liquidity rests below them, right? They're not symmetrical. Therefore, liquidity rests below them. And here we have, you know, the fact that we have price trade below here, here, trade below here, that instigates that, you know, that was an actual market structure shift, right? So here, right, the only reason why, you know, we would find something to do here is, you know, based on the US dollar, right? So we go through daily C, daily quarters, see if we can find it. Not we'll be able to find it in the. For some reason, the indicator does not show the daily quarters here. So we'll just use the euro for the intermarket sequential SMT or, you know, just to show a liquidity graph. So here we had price above here, this high, right, which was London's high. Here it didn't do that. So this was intermarket sequential SMT. Whenever a news event, right, and you got to listen closely to this one, right? Whenever a news event causes, you know, sequential SMT and there is not a closure, right? That is sequential SMT. So there are two ways that it could happen, right? It could be, you know, prior to news event where you would, you'd see price trade above this high, right here, and close, then, you know, trend down. Then more than likely, the news event will just, you know, push price in a straight line. But when there is no intermarket sequential SMT prior to a news event, then you can expect price to wick above a high and cause sequential SMT whenever a news event, you know, puts the liquidity run underway or pushes it above a high and leaves a wick, that is sequential SMT.
For. And let me say this again. For a. For a, what would I say? And you'll see an example of whatever, what I'm saying, right now. We'll show that soon. But whenever we have price push above and close before a news event, trend down below the high, the news event will more than likely send price in one direction. Let me say this again. This is the London session. We highlighted these highs before, right? They were not symmetrical. We talked about them, right? Price ran above this high during the news event. The news event pushed price above this side and left the wick, right? So price does one, or the news event, you know, does one or two things to price, right? It pushes it above a high, then allows it to be rejected. But this will only be occurring whenever the re-sequential SMT. And on the other hand, if price already showed sequential SMT, right, and it's trending lower, then what would happen? Price will just continue in a straight line. These, this was liquidity, right? But it was not, you know, deep enough. Like, for example, you would want to see price act, you know, push above, you know, and it would be so obvious that, you know, that was a liquidity run. Like, for example, here, right? You would want to see price push above here and stop right here, then reverse, just as how it happened right here. So this right here, this is the. Yeah, this is good. And the next draw liquidity is more than likely these highs right here. This alone is very, you know, it's amazing. But the better trade, like the best trade, like if I was supposed to take any trade this week, which I did not trade yesterday, sadly, because I was so busy, like literally so busy, it was insane. But yeah, anyways, the trade that was so perfect, right? It was two-stage sequential SMT. Which whenever there's a two-stage sequential SMT, right? And that's very specific, right? That's very specific. Two-stage sequential SMT means that you have sequential SMT between, you know, whichever cycle you're working with and with the immediate lower timeframe cycle, right? Sequential SMT in real time. So, for example, here at these highs, right? This was hopefully one day when I'm here, we get to, you know, see something like this happen, right? So here we had sequential SMT, like just like what we saw happen here, right? And we see price gravity into that high. Anyways, so here, right, we had sequential SMT between the London and the New York session, right? And this was yesterday, right? So this was the London session, this was the New York session, right? You can see it being, you know, delineated by these smaller, you know, rectangles right here. Red London, Green New York, right? So we had SMT between these. And then afterward, afterward, what happened again? Then we had sequential SMT while price is about this high right here. And this is how liquidity is induced, right? And before we talk about here, right? I posted something, you know, where I said that for price to actually be in a premium, you know, we, the high that you are working with, right, must be above any high that was formed in the previous higher timeframe cycle. So, for example, right here, this was Wednesday, right? We must be above any high that was formed in Tuesday. For this to actually be a premium. And when you're in a premium, it's not just, okay, we're in a premium now, so we're Wednesday is, for example, you're here and okay, we're here, or you're here, but price is above, you know, Tuesday. Tuesday's high, or the highest price that was, you know, printed on Tuesday. So now I'm going to just sell. No, no, no, no. You need to wait for sequential SMT to happen, right? And the best times to trade is will be either the London, the New York, or the afternoon session, right? Afternoon session isn't the best time to trade.
So here, and it's so clear-cut. And I know that I believe that a lot of you, a lot of people saw this happen, right? Or, you know, caught this. But anyways, here we have price trade above this high. This is London's high. Here it didn't trade above London's sign. And then what would allow us to take a trade here on the 90-minute cycles, right? We had sequential SMT between the second quarter of the New York session, which the high is here, and the third quarter of the New York session, and the high is here, mind you, right? And this is why, you know, believe that I don't remember if I actually talked about this in the previous live stream, right? But you, you want to see for the highest probability trades, and you've seen this happening over and over and over and over again, right? You want to see Q3, Q3, Q3, just as here and here. This is why I say that this is the best time to trade between 9 to 10:30, right? Cuz that's this high was formed, right? It was formed between 9 and 10:30, literally in the center of that time. There it is. So this is the, like literally once you have this time in mind, and it goes for the other days as well, right? It's not just Q3, Q3, Q3, it's actually Q2, Q2, Q2 as well, right? So price shed about this high. There is. Listen, it's pretty clear-cut, right? You have price trading above this high as well, right? So there's turtle soup, then turtle soup again. But it was sequential SMT which made this true here. What's here? Failure swing. That's a failure swing, right? So we had two failure swings here in the S&P 500. And then we had price run above this high, then above this high, right here. Once we traded, you know, if you're, if you don't, if you're too scared to get above here, get in here. And you need to be using the 50-minute timeframe. Why? Because you're, you're trading the daily cycles. What does that mean? That means you want to get in at the high of the day or near the high of the day. And you must be trying to short in pre, in premium, right? For example, if you're here, you're trying to short here, you're going to get taken out. You don't want to be short in, short in, you know, discount prices, right? So why is this premium? We are above any price that printed on the previous day. Right? And if you're trading the 50-minute timeframe, that's how you should be looking. And if you're in the 5-minute timeframe, you would want to be above any price that was printed in the previous daily cycle. Which means that if you're trading in the New York session, then okay, I need to be above any price that was printed in the London session. And that is true premium. But it all starts from what, you know, paying, paying attention to the higher timeframe cycles, right? We are at the last quarter of the month, which does not normally give you the best price action. So even opening my charts yesterday and seeing this, I was, you know, I was like, wow, that's, that's good. And this was actually perfect, perfect, right? And I wish I had caught this because it was so perfect. But, you know, we move. And next week, I'll be more active during New York sessions. For the past two weeks, as I've said before, you know, life just happened. And yeah, that's just, just it.
So again, right, hopefully you guys can see this, right? Now, let me try to highlight it even more. And for. And if we had, you know, the parent sequential SMT, which is the higher type of sequential SMT, which you'll be looking at, for example, it doesn't matter if this was, this happened on the monthly cycle. It doesn't matter if this happened, you know, using the yearly cycle. It doesn't matter if this happened using the quarterly cycle, right? When did this happen? Like, no, we're just looking between these pairs, right? This happened between the daily cycles, right? So due to the fact that this happened during the daily cycle, what type of trade that this create? An intraday trade, not a trade that you will hold for the entire, you know, week, but a trade that, you know, you can hold until you get satisfied, until the end of the day. Also, again, right here, we had price trade above of this high, which was the high of the New York session, right? That created sequential SMT as well, right? So at this high, sequential SMT reverse. Then here, sequential SMT reverse. The thing about this sequential SMT is there, I don't believe that there was any lower timeframe sequential SMT. But whenever that happens, right, what could cause price to, to, you know, reject? If we have, for example, a daily new day opening gap or a new week opening gap here, which we do have, right? So this is how you would see a real breaker. The breaker would be here. This low overlapped with the new day or new week opening gaps, right? So price left this, this low right here, traded here, created sequential SMT, smart money reversal. We broke below this low. There is a new day opening gap here. Price trades here. Do short here? Yeah. Yes, why? Sequential SMT and there's a new day opening gap, you know, overlapping right here, right? And there, we still have price trend and lower, right? And remember what we, what we said, once you, you see that there is no active sequential SMT here, price will more than likely trend lower. And it is here. We have price reached or drawn liquidity right here. So we have price trading about this high right here already. It's actually so, it's actually, you know, perfect, right? So remember, this is what the New York session. What is this? The London session, right? So these are, these are times when these are the times when you have, you know, the kill zones actually working, right? Whenever we have this, right? And this right here, what is this? This is intermarket sequential SMT. All right. So you can either compare this market right to the Futures triad or the interest rate triads for today. I'm comparing it to the Futures market chart, right? The euro, the pound, and the Futures, right? Which are the S&P 500, Nasdaq, and Dow. They should be moving in the same direction at all times, right? That's a, that's normal price action, right? That is normal price action. Whenever you see any of them out of, you know, sync, for example, you see the euro going down and you see the NASDAQ and the S&P 500 going up, that is not clean price action. This right here, this is clean price action. The fact that during the news event, we had, we had price trade above these highs right here, this high, you know, wick above this high a bit, then we had the US dollar trading below this low, the lows, the low that we highlighted, right? And above this side, the high that we highlighted, and above this side as well, that we highlighted as well, causing what? Intermarket sequential SMT. So to the normal person, there is no SMT here, but we can see it. And this is why I said that I was waiting for Thursday. Right? Now, you see, now you see what type of price action is this? This is definitely bullish price action. This is not bearish.
So let's go to the daily timeframe. First of all, these lows right here are, you know, very suspect to me. These highs as well. Like, even before we had that, you know, that news event which caused, you know, manipulation, which put, which put price in the direction that it's currently is going, right? I already saw these highs, right? I already saw these highs. These lows as well. These lows as well, right? And this is the four-hour timeframe. Tuesday, Thursday. So the NASDAQ had S drawn liquidity, you know, these lows right here, just without even thinking about it. Currently 8:55. Nice. We're up early today. So also, we had sequential SMT, you know, on the weekly cycle, whereas we have the high. We had the. Is this the high of the week, right? And let's focus in Nasdaq for now, right? The higher week was Wednesday, right? And today's Thursday. The high impact news event just managed to, you know, push price lower. So we have intermarket sequential SMT between the Forex, the Forex triad, and the features index features triad, right? So we traded below Wednesday's low, which was here, right? Traded below it here, right? We traded above Wednesday, right? Wednesday's high, closed above it. Shift the door. I cannot. It's like I, I can't not see, you know, price gravitating to these lows right here. It's too choppy and there's a lot of liquidity rest in there. We might end up seeing, you know, a setup that we haven't seen in months, right? Literally. So now, mind you, this is the four-hour timeframe, right? So we got our draw liquidity, which was first, it was this high right here. So what would make this obvious or what would make this even better, all right? Would be if we had, you know, the four-hour timeframe close of for gap here. Doesn't really have to, but, you know, that would give you something to worth to work within in regards to the, you know, 15-minute timeframe. So we foresaw price going to this level, right? You know, even prior to the news of it. Price took out these lows, right? If you look over here, which we didn't even have to highlight, right? Due to the fact that this happened, you know, things like this do not happen where there is not a, you know, high timeframe level to support it at times, unless we're at all-time low, all-time highs. Also, right, it's Thursday. And what, what are Thursdays known for? Reversals, right? It's Thursday. And it's the last quarter of the month as well. So this sequence, right? And I'm not sure if anyone has been paying attention, right? Hope that you have been, right? So the higher timeframe cycles, right? And this has nothing to do with, you know, sequential SMT or anything like that. This is just that, you know, it's the last quarter of the month. It's a Thursday. So on the lower timeframe cycles, what would you look for in regards to sequential SMT or intermarket sequential SMT? What would you look for? You would look to see a cracking correlation between the days of the week or between the 90-minute cycles for ES. So all the moves for the morning already happened. So I hope that can you guys hear me now? Is the audio good now? Probably lost you guys for a second. Okay, it's good. Nice. Right. So this is the one-hour timeframe, right? We'll wait to see if there's a gap that forms here. This high right here was Wednesday's high. This low right here was Wednesday's low. We have price trading above this side right here, right? And not trading below this. This low right here. Is this bullish for the euro? No. You would see this as a market structure shift, right? Why? We're in premium. We had a se, we had sequential SMT here. You don't use sequential SMT in the middle of the range, you know, for, you know, opposing price action or for reversals. You don't short here. You don't long here. You do nothing when price is within the range. Price goes above, that's when you look for shorts if there's sequential SMT. All right. So you should always be focused on being sure that you're within a premium market, right? Also, we had monthly. Yeah, we had monthly bullish sequential SMT here for. In regards to the US dollar. But, you know, due to the fact that we saw this large price swing right here, right? Which covered like basically almost 100% of the monthly timeframe, right? If, and yes, the euro is still bullish, right? The euro is still bullish. And the, not the euro, the US dollar is still bullish. And the euro is still bearish, right? As you would expect it to be, right? And everything is still, you know, in relation to that. But even if, right, we had, for example, no sequential SMT here, but on the lower timeframe cycles, we had a two-stage sequential SMT, right? We would still consider that. So focus on the how this closes and forms a gap, right? I, I actually hope that this was insightful to you guys. How long have I been, you know, talking right now? I don't want to just keep going and, you know, because like reading price action trading overall, it's not something that is, well, it's not something that should be accepted, right? So I think that the thing that I will be doing is, you know, being here whenever we have high impact news or whenever, or whenever we have sequential SMT underway. The best way, right, to do this, and if you're not doing it this way, you're going to get it wrong, or it will be harder for you. There are a lot of ways to do it, but the best way is using the two-stage sequential SMT, which is if you're trading the weekly cycle, you have sequential SMT there, and within the daily cycle. So, for example, you would have sequential SMT between week two and week three, then you have sequential SMT between the Asian session or London session. I'm going to end this stream right here and then start another one for questions. Cause, yeah, give me a second.