Transcription
Hello everyone. I hope that you had a, you know, wonderful weekend. And again, again, I'm sorry about yesterday. I did not, you know, expect that to happen. I thought that I was recording the recording the video as well as the audio, but apparently, I was just recording the audio. But if you listened to the audio, right, it was still pretty good because even I listened to it, right? And so, and a friend of mine, well, a few friends of mine listened to it as well and gleaned something from it.
So today, we'll basically be, you know, updating our chart, you know, everything that we talked about yesterday, what we expected to happen that, you know, did happen, right? Um, hoping that most of you, you know, spent the time to listen to the audio. So, first of all, right, we're going to be reflecting upon the economic calendar, right? As you guys remember, right, we stated that unless there was, you know, a cracking correlation, right, which is either sequential SMT or SMT fill or something of that nature, there will be nothing to do, right? Today, you know, I will be introducing a way that you will know, right, if you can be participating in mirror trading, right, our mirror premium and discount executions, right? So it will basically be [Music] you, for example, buying where, you know, you're not supposed to be buying, right, under the conditions that, you know, the market is bullish, right? Because there are times when the market will be bullish and it will not retrace into discount, but that retracement will happen in another asset class and it will be supported by a higher timeframe PD. And that's how you will know and you'll see. And we talked about, you know, the movement beforehand and so on.
So, um, first of all, um, is the audio good? Before we continue, is the audio good? Let me know. The audio is good. I don't want to mess up this time because, like, this time, you know, I've got to, like, make, you know, take time out of my day to do these things. And I make notes and I have my book, book in front of me of what I'm going to talk about and so on. It's okay. It's good.
So, as we stated, right, today is Monday, right? And yesterday, we stated that we would like to see, you know, a few things happen in regards to the Forex market, which, you know, we did see happen today, Monday, right? We said that if there is no sequential SMT, there is nothing to do, right? If there's no sequence of SMT, and I will not be repeating SMT every day, right? So I would just say a cracking correlation, right, which could even be a precision swing point. And I hope that you guys, you know, take the time out to study these things. If you don't understand, you know, go to the community, ask the people that are versed in these things, right? The people that understand. Cuz there are some of you that understand, a lot of you understand, but maybe some of you are, you know, not slow, but, you know, you have your life occupied, you have a lot of stuff doing every day. You can't just sit around charts and just be looking at charts, you know, you have a life, you have a family, you have a job. So for you guys, right, I need you guys to be in the community active, asking people questions. And if you are, you know, versed in the concept that we practice here, I'm, you know, asking you to, you know, lend a hand, help them.
So we talked about Monday, right? Monday is usually low probability, right? Monday is usually, you know, worse when you have no high impact news events, right? It's usually a day where you study the charts or, you know, if you see something obvious, which, you know, we did see today, you can participate. Tuesday, right, we have high impact news events, two high impact news events in the New York session, right? So tomorrow, we have two high news events in the New York session, which will more than likely give us something to do, right? Give us some, you know, injection of liquidity. On Wednesday, right, which will more than likely be one of the most volatile days of the week, right? We have highest news events, right, during New York session and the afternoon session. So the thing that you should take away from, you know, for's factory, the economic calendar, is that every red news, red folder, right? Every high news event is an entry. Every high news event will create a cracking correlation or justify it, right? You shouldn't be scared of this. You should be happy whenever you open up, you know, for factory and see this much volatility, right? And again, you don't want to be holding something forever. You get in, you take your piece of the cake and you get out, while following stricter management, of course. On Thursday, we have high plat news event during the New York session, right? So today was just a, you know, a precursor, a, you know, just the beginning of what we should expect to see this week, right? Due to the fact that last week, we had a lot of, you know, choppy price action in regards to the dollar index. We have the dollar index moving in tangent, moving in, you know, in step, moving lockstep with the, you know, interest rate triad, you know, that, you know, shows us in itself the future. It shows us that this week, we will have some volatility. Friday, right, we have non-farm payroll, right? So definitely Friday, we can expect volatility as well. If there is a, if there is a cracking correlation in regards to the weekly cycle, then we could expect, you know, non-farm payroll to go in the direction of that clicking correlation. Or if we see a correlation be created by Thursday's higher low, you know, in regards to the volatility that we would expect at 8:30 Friday, then we could expect the market to go in that, in the direction of the current correlation that is created by this volatility.
So here, right, I remember yesterday, if you guys listened to the clip, if you weren't here, but if you were here, you know that we expected the British pound to be drawn to these equal highs, you know, while price was basically right here, right? We expected price to be drawn to this high right here. Here, you guys can see that I have, you know, the fibs here, which, you know, fibs right here are, you know, referencing the high and low of the previous day, which was Friday, right? And whenever you are using, you know, or, you know, you were searching for, you know, a correlation in regards to the daily cycle, then you need to be referencing your premium and discount in regards to the previous week, right? The previous week. So, for example, here, we would be in discount, right? The high of the previous week, the low of the previous week. This is discount right here. This is discount here. This is premium, right? It's, you know, it's a very simple thing to understand. If you know, you're new, you know that, well, you should know that in premium, right, you look for a reason to be bearish, not just going to be bearish in premium. Premium basically just means that, you know, price is expensive, right? And we will get on to, you know, whatever else, you know, it's in the chart that maybe some of you guys already see, I haven't talked about it, talked about it as yet, but it, you know, very interesting, right?
So the reason, right, why I expected the British pound to be bullish was, you know, based on this, right? We were in premium. This is a fair value gap right here. We had the, right, the new week opening gap form right here. Price propelled higher, right? Whenever we fill a fair value gap, right, until price breaches liquidity, which it did right here, which is why we expected price to, you know, just run right here. The gaps will more than likely not be filled, as I've said before, right? So here we have this gap remain open. And right now, we are looking at the Great British pound. We have had this gap remain open right here, this one, this one remain open right here. Until price breached liquidity here, there was no bearish, right, lower timeframe sequence SMT to confirm that this would be, you know, bearish. Also, we, you know, talked about the low probability market conditions. So we expected the dollar to be ranging today. We expected the euro to be ranging today, but not the pound. The pound is usually the odd one out of the three.
So now we'll be talking about the mirror, the mirror, human discount, right here, right? Look at the US dollar index. You can see that above the 50% of the range, there is a bearish higher timeframe PD. So this is a forward higher timeframe PD right here that, you know, is being delineated by these dotted orange dotted lines here. While price was right in premium, right, this was a bullish higher timeframe re-value gap. Whereas we had, you know, a cracking correlation in the form of SMT. Cur, we already expected, you know, a higher, we already expected a higher, you know, move in regards to the pound. And here we have a cracking correlation above the 50%. But here we had the cracking correlation below the 50%. You understand? So this in itself, you know, shows that the pound is strong again, right? And we will just, you know, reflect the Euro. So the pound, so premium above 50% here, the range of the previous week, right? This is below the 50%. So below here, normally, right, you should be looking to do what? Should be looking to buy. Above here is premium where you should be looking to do. So here, right, whenever you have sequential SMT occur, like for example, here, the ranges become merged, right? And you'll see that it makes, you know, a lot of sense. And remember, we talked about this. It's not like it just happened and then we just come and, you know, start talking about this afterwards. So due to the fact that we had a higher timeframe PD here, right, this higher timeframe PD, which is a 4-hour fair value gap, and here, right, we had a bullish higher timeframe PD here above the 50%. Here we had a bearish higher timeframe PD above the 50%. Right? We did not need the British pound to trade back, you know, below the 50%. Therefore, the top half of our range becomes mirrored. It becomes what you would expect discount to be. It's, it has everything to do with where the SMT formed and where the 4-hour PD is, where the higher timeframe PD is, right? So here we have this correlation below, I'll say it again, 50% of the range of the previous week. Here we have the cracking correlation above the 50% of the range of the previous week. In on regular day, right, we should have the Euro and the pound moving in the same direction. So, um, and forgive me, I said previous week, but this is the previous day, right? This was Friday. So this is the high of the previous day and the low of the previous day, not previous week. So even though the pound was in, you know, quote unquote premium, right, even though the pound was above the 50%, it was the better trade. Why? Because we had a higher timeframe fair value gap right here. There was SMT in regards to that higher timeframe fair value gap. There was no bearish SMT when price pushed above this, this one and created this one. So this became the liquidity. Everything that happened here happened as a result to what, you know, occurred in regards to the US dollar. So the US dollar shared it in its premium, in its higher timeframe PD, creating SMT, then broke lower, which sent the pound higher.
So if I take all of this off, right, and we go to the 4-hour timeframe, you'll see this gap right here, right? It's in premium, and this is a bearish fair value gap. And right now, we're, you know, looking at the US dollar. This fair value gap right here is a bullish fair value gap, but it's also in what would be considered as the premium of the range for the British pound still, right? This is, you know, a way where you can, you know, navigate. This is a way that you can navigate the, what do they call, a range-bound scenario or low probability conditions because just by looking at the Euro right now, you can see that this is, you know, low probability conditions. Just by looking at the dollar, you can see that this is low probability conditions, right? And it will take, you know, a great deal of volatility, right, to, you know, break above this low, for example, to absorb liquidity or create SMT and, you know, push back above this high. Since we, you know, got that all the way, and that was just, you know, an introduction to get your minds thinking to, you know, understand something that took me a while to understand. You do not need a lower timeframe SMT, a lower timeframe cracking correlation. You just need one, right? If you have a higher timeframe PD, so for example, if you have a 4-hour higher timeframe PD, what do you need to look for? A cracking correlation between the cycles of, you know, the day. So, for example, you want to see a correlation between the London and the New York session, which would occur if the London, you know, between the highs of the London session or the lows of the London session. Here we can see that, you know, this is basically, you know, why, you know, price has been the way it has been. Well, the main root cause is due to the fact that the interest rate triads are, you know, have been following the dollar, you know, or the dollar has been following the interest rate triad. And they, this usually happens, you know, before, you know, what you would call these blank weeks, right? So this week right here, you can see that we do not have a color for it. It's just blank, just as how Friday is blank, right? All of this is tied into doubling theory, right? So as you, as you guys can see, you can see Monday, Tuesday, Wednesday, Thursday, but nothing for Friday. You can see right, Q1, Q2, Q3, Q4, but there is nothing for the current week, right? There is nothing right here. It's not that it's not important. It is. It's just that we haven't talked about it as yet, right? So do not let this confuse you. Within every quarter of the year, there is 13 weeks. And every quarter of the year consists of 13 weeks. So this right here, this blank, you know, space, whatever it is, right? Cuz I didn't, you know, tell the guy that made this about this, so it's just blank. But you guys know that it, you know, means something obviously, it does, right? There's 13 weeks. Each week reflects upon the previous week. There's five days. Each day reflects upon the previous day, right? But when you have, you know, the blanks, they're, they're lower probability than, you know, the colored sections of what you would, of the indicator, which, you know, is basically showing you time, right? So, for example, right, you could have, you could have a correlation if during this blank week, you know, price trades below the previous week's low, which is the low of Q4, fails straight above this high, right? And then we could see price just, you know, continue higher, right? You know, they like to do this, whereas, you know, they keep price in a tight enclosed, you know, area range, you know, before high impact news events. That's, you know, pretty much what, you know, the algorithm is programmed to do.
So for now, what do you have to do? If you're trading within the range, you could, you know, practice using what we just talked about, or you just wait for, you know, price to be obvious. You just wait until it's obvious. Is it obvious now? I mean, to if you're advanced, yes. If you're not, it's, you know, it's not obvious. It's not obvious to probably 99% of, you know, the people that are, you know, trying to trade. If you're in the market right now, you know, you're pressing buy or sell, then you're gambling because literally price has just been, you know, consolidating sideways and basically, you know, that's it for the Forex market at the moment. After tomorrow, right? And if I look and see the, the London, the London session or, right, the Asian session has, you know, set up to, you know, get its liquidity run, then we will probably more than likely be, you know, going live in the morning. And the same goes for, you know, Wednesday and Thursday. We have a lot of news this week. Well, I don't think I could go live tomorrow morning. I think I have to go to the hospital. So scratch that. It will probably be either Wednesday or Thursday for the Forex trade, right? The, not the Forex trade, the index futures trade. I don't know what I'm talking about, right? We did expect higher prices. We saw price just wreck below, right, this low right here into this, this gap, then basically, all right, I don't think this is anything, right? To me, this is nothing, right? I like to see candles like this, you know, this is what I hope to trade when I trade, not these tiny fluctuations of price action. I have this red, you know, line right here, which obviously means that this was the drawn liquidity for me. This is drawn liquidity at the moment. This is where I expect, you know, price turns and, you know, fall back within the range to happen after breaching this high. Also, this high right here for the IM down, right, is a drawn liquidity for me as well. Currently, right, we need to see a, you know, we need to see displacement in price, right? Because this right here, nothing here is high probability. And if I'm, you know, that's just me being honest, honest with you. It's not like, oh, you can go in and do something every single day. You can, right? But to me, that isn't the best way to do it. You want to be trading when everything is pointing in, you know, one direction, everything is obvious. You're in premium, you know, there is a weekly cycle cracking correlation followed by a daily cycle cracking correlation. There is a, you know, a higher timeframe fair value gap or a new week opening gap to support, you know, your entry. And that's how, you know, tier. I expect you to do it. Will you find less trades per week? You will. Will you be more accurate? You will. And that's what we're aiming for, right? And price tends tends to be less accurate, right, as we, you know, cross over into these weeks right here, right? These blank weeks, right? Out of the 12 weeks of the quarter, not 12 weeks, the 13 weeks of the quarter, this week right here, right, prior to that, you'll get the most trouble. And that's all I say for now. And of course, we'll talk about this, right? This was just for, you know, analysis. We haven't had, you know, Wednesday's lectures yet. And we haven't even crossed over into the new month as yet. Also, right, I'm not sure if anyone, you know, or everyone got the chance or tried to listen to the audio from last night, but yeah, we're working on getting you guys to W right as soon as possible. That's the goal right now. I see a few emails coming in. I'll be getting to you guys soon. Right? There are a lot of you. And I know it's like, you know, you're waiting for three days, four days. It's like, yeah, but like, it's like hectic. It's just one me. And this is why I do not accept, you know, I'm not going to accept anyone else. I don't care if there's 3,000, 4,000, 5,000 people on the waitlist. It's not worth my sanity. I cannot communicate with too many people, right? Right now, this is, you know, my limit, right? That's what it is right now. So yeah, um, we'll be coming back during the course of this week. I hope that you guys found this insight, right, a lot of sauce in the first half. I believe. And the audio from yesterday, right, that was good as well. That was pretty good. You should, you can try listening to it, you know, let it put you to sleep or something. So yeah, we will come back and charts will be updated whenever we have, you know, decent price action, something to do, something that is obvious, right? That is when, you know, I'll be updating the charts again. Talk to you guys during the course of this week. I hope that you have a lovely day. [Music] All you want to me is a bre OB session. I am the Maring t on burning the street. Many can I ask you how many days can I go without you? We [Music] [Music] [Music] A distance is a [Music] killer. The key of [Music] how many days can I go without you? [Music] Show [Music]