Transcription
Hello everyone. I hope that you guys had a wonderful week thus far and I hope that you're prepared for what we have in store for today. Right.
As we go forward, due to the fact that most of you are, you know, have been digging deep, some things that I may, you know, bring to light to you, right? It will seem as if you already know these things, which, you know, you already do know these things due to the fact that, you know, you have been seeing it happen over and over again. You just haven't, you know, actually recognized it, right? But subconsciously, you know, what I'm going to be talking about here on the screen, you can see that this week was a week that lacked volatility, but we did talk about Thursday in the first live stream this week, which was Monday. I believe it was Monday, right? And today we see that Thursday played a, you know, major role in some HOD H or and L. So the high of the week, low of the week for certain asset classes, right? And if not, it just, you know, distributes the price, which is what Thursday usually does, right? But it's more likely to do so right whenever the day, which is Thursday, is the only day that has news of any sort, right? So this week you can see was, you know, pretty dead in my opinion, right? Next week might be worse, right? Because we do not have any news at all next week, right? And that's something that's rare. You barely see that. When is the last time you ever saw a week that had no news? Tell me. I'm waiting. When?
So yes, these times that you're seeing right now and may put more emphasis on that, right? These times that we're within right now, you know, it's rare. You the fact that these specific times, right, just occur every four years or so, right? So yes, here you guys can see that price has been going in the direction that we had been anticipating for the FX trial, right? So we anticipated price since it was consolidating here, we expected higher prices. This was our first drawn liquidity, right? This gap right here for the US dollar index. Remember, remember, remember, right? Even though we were bullish on the US dollar, which means that we are bearish on foreign currencies, I did say that, right? We would see the euro being more weak or, you know, falling harder than the British pound, right? And you already know why because the British pound is for the FX triad, you know, the same that the Dow is for the futures, okay, triad, right? It rarely does anything, you know, that you want it to do. Let's just say that.
So yes, here we can see that price expanded upwards as we expected, right? What was the main reason for this? Tell me. What was the main reason for this? The main reason is the sequential SMT that we have between 2023 and 2024, right? You must understand, right? Whenever you have SMT that falls under this category, right? This type of SMT, right? Is, you know, the type of S&T that starts bull markets. It's the type of SMT that ends bull markets. Is a type of SMT that will put price in a direction for, you know, over 6 months, sometimes years, right? This is the type of SMT that we're dealing with. So, yes, and still, right, we still expect price to just be going in the direction that it is going at the moment, right?
Here you can see that the British pound, it is, you know, not doing anything, you know, in comparison to the euro. The euro dropped hundreds of pips. Like the British pound, it's still got, you know, it's not as dramatic as the euro. So here, right, we will be discussing the reason, right? The main reason why the British pound, and this is, and you can bring this over, this logic over to any other asset class that you wish, right? But this is why the British pound has failed to, you know, give the extension that or, you know, extension like the euro. Here you can see that, right? Price dropped below this low right here, consolidated. We had sequence SMT here. Sequence SMT here again. Double sequence SMT. Yes, we I'm using the 84 time frame right now. Then we have a precision swing point right here, right? Price continued higher, right? And if you guys are trying to figure out what, you know, I'm relying upon for the precision swing point, of course, if you look at the British pound right here, right? You see that that is a down close candle. I do not want anyone to be confused, to be honest. Just because I don't want anyone to be confused, let me just put here, right? So there you have it. Position swing point, price expands. Position swing points, price drops. Position swing point, price drops. Okay.
So here, right, you can see that whereas we had expansion, an expansion leg here for the British pound, but price was trading above this high, right? This was not doing so yet, right? The euro was not doing what the British pound is doing right here, which is trading above this high right here where we had the consolidation, right? Then the precision swing point, then you had the British trade here and break below this low right here, right? So once it shifted to the downside, you can see that it did so above this high right here. And we're not just referring to, you know, the specific high right here for the British pound, but we're referring to, you know, every high, you know, in regards to the euro and low in regards to the US dollar index, right? And we're we're specifically talking about time, right? The time that the high was formed. So here we have this high from the same time as this high, right? Price just, you know, was playing above this high right here. But here, what was happening? We were already above this high, right? Trading above this high, consolidating above this high. We did not consolidate above this high. We did not consolidate below this low. We did consolidate around it, but not below this low. When we're referring to consolidation, it would be something like this, right? Price is above this high, but here it was around this low. And here the consolidation occurred below this low right here. Whenever you see this happens, this happened, right? So here we have this occurring right here, consolidation here, and but here the consolation was above. Whenever you see this happen, right? Whereas, you know, you have whether it is the British pound, you know, for the FX triad, or, you know, the Dow for the futures triad, you see consolation occur like this, whereas it's just one asset that is consolidating above, you know, a particular high that formed at a particular time, then this asset will lag, always, right? It will always lag behind, whereas this asset right here, which consolidated below the low, will give you the best move, right? And as you guys realize, I did not mark the sequential MTS, but I did mark the position point, right? I basically just let you know, you guys know what's more important right there.
Now here, right, we're looking at Bitcoin and, you know, versus Ethereum again. So here, here we had, what did we have here? We had sequential SMT right here as price tracing point, price expanded, right? And here, what did we have here? We had a revolving true open around this area, right? The breaker is here and it overlaps with this gap. Always remember why gaps stay open. Why did this gap stay open? Due to the fact that we had a position point here, right? Price trade above this gap, then price trade back, rebalance this imbalance. You're not going to have price return back to this gap. Especially, you know, when price has traded over the 50% of the range, which the range would be from this high to this low, and the 50% would be around here, right? Once price trades above the 50%, then it's not likely for you to be, you know, finding an entry. The best case scenario is you buy and, you know, you just do not expect price to, you know, return back within the range, but, you know, that's risky and I don't think anyone should do that. For here, you can see that we had something, you know, the opposite of what happened here. We had sequence SMT, precision swing point, right? But here we had a higher low. Here we had a precision swing point right here. Then here we had a breakaway gap right here. What caused this breakaway gap? This SMT fail is what caused this breakaway gap. Then we had another one right here. And then we had price failed to trade above this high. So, as I've said before, SMT begins every move and SMT ends every move. So, it doesn't matter if you're looking at sequential SMT or if it's just SMT. As long as there is SMT or a precision swing point, they will usually be both in the same place or, right, just one of them. Even here, right, we still have a this is a position swing point right here, right? So here price trade above this high, take profit. That's the main reason, right? Because this asset did not trade above this one as yet, but this did. There's a presumption point here. Expect price to consolidate after that, right? So there's one of two things that can happen when price trades above the 50% upper range, you know, as long as it's coming from sequential MT and or a precision swing point, price will either slow and consolidate or price will expand aggressively and just cut to the high or the low. You know, if you're looking at a asset class that, you know, mirrors this aggressively, price will cut through that low or that high.
I'm pretty sure that you guys remember what I said about the interest rate triad, right? Remember what I said right here? What do we have? We have price falling here. Price falling here again. We have price falling, right? I said that whenever you see, and this is very important, right? It's so important and it's so useful that, you know, people would not believe that it makes sense. People would not believe that it is in fact useful. People would not believe that it works. Right here we saw price falling and what did we say? We said that whenever you see the futures triad, which is the S&P 500 and NASDAQ, you already know that, and the Dow, right, moving in the opposite direction of the interest rate triad. What should you expect? You should expect at least the S&P 500 and the NASDAQ to play catchup, right? Meaning that that is a way for you to anticipate SMT, right? That's the way for you to just anticipate a precision swing point. So once you see these markets right here in front of us being bearish, then you should expect bearish price action in regards to the futures tri, which is, you know, what happened today, which is Thursday, of course.
So here we had price trade above this high. Was this right here sequential SMT? No. What made this SMT useful? This position swing point. So yes, as long as you see SMT and it it's followed by a precision swing point, then it is useful, right? So here you can see that in the S&P 500, price should above Monday's high, also above the true week open. Don't forget that, right? And usually, right, when you see price trend away from the true open, right, then you have S then you have sequential SMT here, which we did have right here, right? At these lows right here, there was sequential SMT. We have sequential SMT here, then we have price expand to the upside. Once this sequential MT takes out a high, right, and there is SMT and a precision SW point or just sequential SMT alone, then you can expect this to happen, right? You can expect a reversal here, right? Is a precious point that was lodged into this down closed candle, right? So, as long as you see a precision swing point right here, right? As long as you see a precision swing point, there's SMT, do not be afraid of, you know, participating in the market right here. Even though these conditions are not as, you know, high probability as one would wish, you can still find something to do.
So yes, I hope that you know you've been paying attention but you found it useful and right now I'll be answering some questions for the next 10 minutes. Also, I saw one of you guys posts, you know, that you pass your top step thing and some of you guys have been posted in the achievements tab. You know, it's amazing to see, you know, you guys actually, you know, doing this thing, right? And you know, I just love. So yes, Daniel said that you said that we should never take sequence that opposes a high sequence. Okay. I never said that you should never do it, right? All I said that it would be low probability. You can do it and you should not be afraid of being wrong. That's the most important thing. Even though we haven't been wrong in, you know, a while. But, you know, that's just me, right? You shouldn't be afraid of being wrong. It's okay. Don't try to be perfect. Don't try to be perfect because you you will never be perfect, right? The main thing that you should aim for is, you know, attaining, you know, three Rs. That's the main thing. Attaining three Rs. Risking 1 to 2%. Attaining three Rs. Risk 1 to 2%. Attain three Rs. If you lose, that's okay. You're going to lose sometimes. That's fine. You're not going to always be correct, right? What does this mean? Okay. 369 is crucial. Okay. So, that's for another time, right? Not right now. Okay.
So, everyone, you know, within the next, is it 20 days? Is it next 20 days? We have the resolctions. Yeah, I believe it's like the next 20 days, I believe. You know, if I'm wrong, I'm pretty sure that I'm close. So, we'll be having a lot of volatility, right? A lot of volatility. It's going to be insane, right? As it always is, right? You know, these times, emphasis on the time, cuz that's what we're dealing with here. These times make and break people, right? And during these times, whichever direction the economy is going in, you, it's us, it usually just shifts in the opposite direction, right? So if we were in the bull market, then you you have the US elections, then you usually get a bare market. If you're in a bare market and then you have a US election, then you usually just get what? A bull. Okay. Right. D. What was your motivation when studying prize to discover pursuance in prayer culture theory? I just wanted to feed my family. That's it. There's nothing else. There's no car. There's no house that motivated me. There's no, not a watch, no jewelry, none of that. It's just to feed my family. That's just what it is. To feed my family and to find something that could, you know, help other people to actually read price, actually know what price is going to do, right? That's that's my main thing here. I just, you know, want to transfer my eyes to you. Even though, you know, maybe only half of you guys will be, are, you know, making money, the next half, right? First of all, not everyone is supposed to be a trader. Everyone is meant to be a trader, but this but this skill right here, there, you know, you can make money in different ways, right? And as long as you keep putting in the work and you're either you're good at either one of those, trading or analysis, you've already made it. You just have to, you know, keep grinding until the opportunity knocks at your doorstep. That's it.
If one of the assets is out of sync while the other two assets are still in sync and the two of them have sequence entity between them, can we still use the asset out of sync to refer to a precision sync port? Yes, you can. Yes, you can. Right? So remember, a precision swing point is something totally different from sequential entity. Right? There are times when there will be sequential sympathy between the dollar index and the euro, which is why those assets are the first two, you know, most important assets of the chart, right? The first two are the most important, right? The dollar index and the euro is more important than the great British pound. The S&P 500 and the NASDAQ is way more important than the Dow, right? There are times when the D will be doing nothing, you know, important or nothing that can help you, but making precision swing points and PCs. Right? Can you give an example of a high probability SMT market structures on the 90 cycle? So it pretty much, it doesn't matter which cycle you're looking at. It's always going to be the same, right? It's fractal. That's what it is. It's fractal, right? But, you know, very soon, right? When the volatility hits, right? And have you guys realized this? Tell me. Like literally for the past few months, you know, free value gaps, right? Have been little to no help in anything at all. Literally, when was the last time you see a clear four-hour fair value that price and price just drops into it and just expands, right? Price is not clear, but sequential SMT makes it seem clear, doesn't it? Listen, there are some of you right now that are making money. There's some of you right now that are trading. There's some of you right now that are just reading price. What do you think is going to happen when the US elections pass, you know, in that four-year period of time until the other one comes? Going to be insane, right? Some of you are just going to like, you know, forget about me, you know, start your own thing and that's okay. That's the purpose of it, right? That's literally what's going to happen. I know. I know that's going to happen. So I already see it happening, right? But, you know, I I don't care. Do what you do what you want to do. If you want to make a name for yourself, you want to make money, you want to do it in public, you want to do it in private, you want to do analysis, you want to do whatever you want to do, just do it, right?
So, yes, everyone seems to want me to expand more in entries, so we'll do that. I I believe I actually did, but maybe I didn't go, you know, in depth enough. But, you know, it's maybe the the people that are asking this are just, you know, the ones that haven't, and this is not to, you know, bash anyone or anything, but you just haven't back tested enough, right? You you haven't back tested enough, right? You you guys are probably the ones that, you know, just take this as a hobby, you know, you're not as serious as you should be, right? Is SMT on the highest doubling theory? SMT is key between Monday and Tuesday. Today's price purch? Yes, sir. So remember guys, a precision swing point can be, you know, put into place by, for example, the S&P 500. That specific candidate forms at a specific time could be a swing high, but in the other asset, it could just be a, you know, precision candle, right? You have precision candles and precision swing points. Remember this, right? It doesn't have to be a precision swing point. It's just that if the S&P 500 at the specific time is an up close candle, then within the other asset class, it should be a don't close candle, right?
So yes, guys, I hope that you found this useful, right? Hope that well, I'm pretty sure that, you know, most or all of you guys, you know, are ready for what's, you know, going to come, which is just, you know, the volatility that we've been waiting for, right? It's going to be great. You know, I remember when I believe most of you guys, if not, you know, probably started, you know, this thing right after the previous election. Do you remember the first two years how much volatility there was? Then after what happened, price just, as you draw closer the US elections, it does the same thing all the time. You know, it just slows down, but it has to move again, you know. Well, move more. It is moving right now, but could be better. So, I hope you found this useful, right? This will be posted to as soon as possible and we will talk again, right? Ciao.