Transcription
Hello everyone. I hope that you had a wonderful week so far. Today we will be introducing a few things which you know will be basically me building on the things that you already know. For the rest of this month, I will, you know, be trying to just strengthen the models that you already have and give you tips and, you know, how to anticipate, you know, market moves, price reactions better.
So, as you guys know, right? You know and this should come as no surprise Monday and Tuesday and you know more specifically you know for the index futures trade we expected the high you know of the week to be forming around that time right Monday and Tuesday right and if you guys remember I didn't say just Monday or just Tuesday and this is due to the fact that you know that for a reversal to occur, we must have a cracking correlation sequentializing T preferably as it is you know more you know visible to the eye and you know that's what we got right and we'll be diving into that you know along with you know other things other synchronized ganizations of you know the different types of correlations that you can have and how they affect one another.
So today is Wednesday right and you know we had no news events today right which is why we had you know price continued a direction which was set into place by the sequential SMT which occurred you know between Monday and Tuesday tomorrow is Thursday right so we can expect you know volatility during the New York session, you know, something that we talked about, you know, prior to the beginning of the week, you know, the the plan is the same. It never changes, right?
So here you can see and this is you know a very interesting you know lesson because usually right in high probability conditions right you will have the euro the great British pound you know and the index futures try it you know moving in the same direction you know that's what you'll usually have but here. All right. And you'll see this, you know, whenever I switch to the other flights or windows, whatever you prefer to call them, that, you know, that's the case. We had the US dollar falling today and then we had the NASDAQ falling as well. Then we also had the S&P falling as well. And then you know today we will not be focusing at all which is something that we have not been doing for the you know for the past few weeks I believe maybe a month or so.
So here you this is this is what we you know actually wanted to see which is we wanted to see price fall lower below this low right here right and I gave the specific parameters that we'll be looking for in the previous video right which would be around here you know the length of this wick right and if this wick wasn't here would be the length of this Right? Which would still land you around here. This level right here, which is approximately, you know, and if we would go to the big figure number, right, it would be 103, right? 103 0 0 0, right? For the US dollar index. So this level would only become important to us if we had some form of cracking correlation occur at that level. Right?
And here right we expected the Euro USD to you know push higher and I know it's not the cleanest first action you know it's not but is what we have right we can force the market to do something that we want it to do. So we had the euro push above this high which is what we expected and in turn you obviously you're going to expect the great British pound to you know follow through with whatever expected the euro to do. Why? Because they are you know you know they mirror one another right they move in the same directions most of the times.
So, you know, with that being said, you know, we had a few things happen. You know, Trump being quoteunquote shot, which is I believe I brought up the last time, right? And it still amazes me, right? But, you know, you can see that, you know, the the economic fabric of the world is, you know, getting stiff, right? As if it's about to rip, right? And I believe that the you know the after effect of the volatility which will be brought on by the US elections this November believe it's November 10 right um so yeah this November right which you know this year is the is Q2 of the cenial cycle and the quenial cycle is comprised of four years, right? So I believe that you know we are going to expect you know some dramatic right and I got to put emphasis on that for you to understand some dramatic and you haven't heard me like this for like two months right being this you know you know emphasizing on price moves so I'm expecting some dramatic change in price action right we have you know as one of my colleague speaks on Twitter M what's his name again MX7 I believe yeah he tweeted something I liked I commented on him as well right where he said that the US dollar has been consolidating for 2 years which is something that we have talked about before as well right it's been consolidating for 2 years literally right and whenever you see this type of price action happen and just because it's been consolidating for 2 years it you know it's not that you know oh it's the end of the algorithm you know price will not be you know moving as how it used to anymore no that's false right price is fractal or reason why this is happening is because we have US elections right this is something that's that will happen the next time we have US US elections as well US elections usually put the market right into you know a to a total different phase from the one that is coming from you know the one that's prior to it you And when I say it, I'm talking about time, right? It's not the US elections that matters at the time, right? They just make they just make the US election at that specific time because, you know, that's a you know, you know, time that the market moves dramatically, right? It always happens, right? There's always a lot of distractions before and none of that is random, right? And just remember what we're talking about now. When it happens, you'll see, right? It's not random. And then the next time, you know, 4 years from now, we're going to see it again, right? When the next US elections occur, right? So, there's a lot of drama. There's a lot of, you know, you know, wars, rumors of wars, stuff like that occurring, right? And this is just a, you know, foreshadowing of the volatility that is to come. And it will be good for us. And very good for you because you know a lot of you have been doing well, you know, you know, you're passing your challenges and all of that stuff and you think that's you know the good part but no the good part is that you know there are times when you know what price is going to do that's the main thing and you know coming you will have you know a in my opinion what I think we'll have you know a tremendous downtrend of you know the stock market the crypto market right after and you know we'll talk about what I expect the you know Bitcoin the S&P 500 etc etc to do right but yeah in the you know coming years like literally we I believe that we will have you know a cycle which which well the rest of the cycle cuz now I'm expecting manipulation right of the US dollar which will put everything into place right I'm expecting stocks to fall, you know, for some time and I'm expecting the first year, the second year that it's falling to be worse than the first. So, the first will just be a foreshadowing of, you know, what I expect to happen. I think I've been rambling too long about that. But yet that's something you know to take note of to put on your wall you know as a opportunity something you know to come and you know the the market conditions that you've been working in you know for a year it probably seem you know pretty easy for some of you. It's not it's not easy at all for you know for especially you know people that are new. This is the time where you know everyone's quitting cuz favor gaps are not working. Hardware blocks are not working. Breakers are not working. Nothing's working except you know what we talk about here that's working. But none of those concepts are not working which is you know you know just seems weird to me right? It's like insane. But anyways, here you can see that this is the thing right one of the main things right which I talked about in the previous stream which is the precision swing point. So the daily precision swing points right couldn't be matched to the daily cycle right and with that being said it's not saying that the the positional swing points by itself mean you know everything but whenever you have you know a daily sequential a daily cycle sequential SMT within a daily precision swing point right the next day will expand as you see happening here.
So now I want you to focus on the S&P 500 and the NASDAQ, right? So here you can see that we have a you know daily precision swing point here in the S&P 500. Then we have a precision candle right here which is a you know another cooking correlation in the NASDAQ right which you know was you know this was the high of the week for the S&P 500 and you know this was you know the the highest close of the week for the NASDAQ which is something else which we will discuss later. So within this candle we have you know a tremendous amount of correlation. So within this candle right here the formation of this precision swing point right it took place due to the fact that we had you know the dish cycle sequential SMT within it. So again let's say it again some this is something that I need you to understand within this daily precision swing point this candle right here we have the daily cycle with we have within the daily cycle sequential SMT right which is you know sequential SMT you know in regards to the 15-minut time frame within this daily precision swing point within a weekly precision swing point such as this, you would have sequential SMT occurring within the weekly cycle, right? And you know, you'll catch on. I'm pretty sure that's not confusing, but if it is, we'll clear it up, right? But we have a another we have more things to talk about. So, we move on from this.
Now, here, right? You can see that we had and this is something that we talk about, right? Whenever we have the Dow just moving out of place, you know, moving away from the S&P 500, moving away from the NASDAQ, just doing its own thing, right? We draw for the we draw for, you know, in this case, Nvidia, but you know, it would be the stock with the highest market cap, right? Which would be what we would draw for it. And you know, it will it won't always be Nvidia, right? Because Nvidia will not always be the stock, you know, that's doing the best. Let's just say that it has to, you know, crash sometimes, right? And when it crashes, it won't, you know, get up like everything else. Never happens. So here we had sequential SMT. But this sequential SMT is not your typical sequence SMT, right? It occurred between when? It occurred between June and July. So the highest right here, right? And remember we talked about doubling theory, right? Which, you know, we have sequential SMT, you know, on, you know, month-to-month basis, right? So it occurs between months now, right? So here we had doubling theories sequential MT, right? The monthly occurring between what? July and June. Here price failed to break above this high. Here price broke above this high. Here price is above this high which is the high of June. Also you can see that within right this correlation right or this is current correlations within a larger one which occurred between the quarters of the year. Right? Don't try to understand everything right now. Right? So you're going to you know be typing a lot of questions and be like this. But you know you're not going to get all of it once. Right? It occurs over time, you know, of you back testing, of you seeing me use these things to, you know, tell you when I expect something to happen and what I expect to happen at that specific time or, you know, that specific day, right?
So here, this is a, you know, model that you guys can use, right? It's, you know, very effective. And remember right here, let's just talk about this. As of now, S&P 500, the high of the week, when? Tuesday. When did we expect it? Okay. Nas, the NASDAQ high of the week, Monday. When did we expect the high of the week to form for the index futures market? We expect it one first of all, we expect one to form the high on Monday and next to form the high week on what? Tuesday. Here we had sequential SMT, you know, doing that. But what makes this special right here is a three-stage sequential SMT. When this occurs, you do not need anything else. This is all you need, right? Three-stage sequential SMT. We had sequential SMT on the monthly cycle, which you know is between this high and this high. right between the monthly cycle this high and this high or you know looking at the NASDAQ could be here where you see one right that's the first stage here will be the second stage which is the second you know failure swing here it's not a failure swing we had price break above Monday's high on Tuesday and then here the final stage which occurred here for the S&P 500 where we had you know the afternoon session of the afternoon session of yesterday breaking above the New York sessions high and creating sequential SMT as well. So we had sequential SMT on the monthly cycle. Then we had sequential SMT within the weekly cycle. Then we had sequential MT within the daily cycle. Right? That is that's like the stars aligning. Okay, that's literally what it is. And remember, that's what we expected. I had a weak form at these times, right? Right. As someone just mentioned in the chat, three drive sequential SMT, not SMT. This is not SM. This is sequential SMT. Without the sequence, it will not make any sense and it will not work. It's fascinating that these things continue to work at all-time highs. These things continue to work when they have no pediates. These things continue to work. It's it is what it is. [laughter] This is what it is really. And you know, to be honest, like literally this is not even the best. You know, I've been saying this for like, you know, a few months now, but it's true. It's this isn't the best price action. Wait until after election. It'll be insane. Right now, you're crafting your skills. Some of you making money, right? Some of you are practicing. Some of you are still back testing. But after it will be so easy cuz it will be everywhere, right? It will be everywhere. The volatility will be so great. Price will be, you know, broken out of, you know, these ranges. It will be totally one-sided. It could be hard for you to lose. Do you need a close? No, not for this because you know more than likely you two out of the three sequential SMTs will have what you know they will they will have they will have a close here.
Right now, we're looking at Bitcoin. You can see that we have first of all this is sequence SMT between the coural cycle right we have Bitcoin making a higher high Ethereum making a lower high right here right we could see and you know you'll see why I say that we could see price you know run above this high you know run above this high and then you know fall back within the range right here we have you this consolidation. It's, you know, highly unlikely that this retail pattern, which is the what's it called again? The bull flag or whatever will, you know, turn out to be positive. And this is something else. It's very unlikely to have two bull flag. There was one here, right? It's very unlikely to have two bull flags, you know, in a row that, you know, gives a positive result, right? So as long as the as long as Ethereum stays below this high, you know, we're bearish here. So we could see some type of correlation here and then you know price break below these lows right here are too perfect like you know for me like diagonally the liquidity it's just low resistance liquidity but you know yeah that's pretty much it for this right now it's you know pretty obvious here and then here right here right you can see is that we did not have sequential SMT here, but we did have this precision swing point. So, you don't need the sequential SMT here since we already have one here, you know, which is high probability. But if you had a precision swing point here, then we could expect, you know, price to fall back within the range. This is a precision swing point. This candle right here for Bitcoin is, you know, you know, equivalent to this candle right here, which is, you know, a up close. This is it don't close which that's a position which is why you know we saw price drop like this which is why you know while price was here back in 2021 I was so bearish while everyone was bullish right it's insane right just this candle right here which I used to bet my life savings on it's amazing so here for Bitcoin you can see that we have equal highs here. And I was going to talk about this in the previous stream, but I don't know. Just missed me. I think I just went over the time or, you know, something. But we have equal highs here. We have liquidity here, right? We could see price, you know, you know, probably drop a little bit, then, you know, take out these highs, but still would not make me quote unquote bullish. Right.
So, I hope that you found something, you know, useful from this lecture, right? It's been a while since, you know, I shared something like this. And this model right here is, you know, it's almost perfect as I would say because imagine if we had a higher time frame, you know, level above, you know, these highs here, it would be even more high probability, right? Whenever a sequence SMT occurs within a higher time frame, you know, fair value balance price range, you know, or so on, you don't need more than one. But whatever you don't have you know that to work with then that's when you need more than one. I hope that you found this insightful and we will be back next time. You already know the time right. We will first of all I will be looking at the economic calendar and you know updating you to the next the next stream whether it will be Sunday or Monday depending on the news events the time we have the news events and when right so study these we already have over 60 hours of video I believe I believe so it's definitely over 50 right and you know I don't want to be you know straining you right. I I I actually promised not to be like you know my mentor ICT but I ended up you know giving too much. So like yeah I hope that you know you found this insightful. I hope that you study prepare for the via that's coming. Keep sharpening you know your skills and we will talk you know whenever we do over this over this weekend Sunday or the coming Monday. Have a wonderful day.