Lecture Gems Flashcards

1
Q

Does bullish SSMT occur above or below a true open?

A

Bullish SSMT must occur below true open

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2
Q

Does bearish SSMT occur above or below a true open?

A

Bearish SMT must occur above true open

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3
Q

What is the Magneto effect?

A

If there is bullish SSMT, price will run to the previous bearish SSMT. Trade SSMT to SSMT

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4
Q

What defines an actual liquidity pool?

A

Extreme highs/lows of a previous quarter are real liquidity pools

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5
Q

What happens when DXY is range bound?

A

Most, if not, all markets will begin to act irrationally

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6
Q

What is used to confirm a higher timeframe SSMT?

A

Lower timeframe SSMT, without MTF SSMT, confirms higher timeframe SSMT

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7
Q

What is the importance of 15 minute news candles?

A

A 15 minute news candle contains immense liquidity above and below them. The opening of this candle can also be used as a reentry point if it aligns with a true open and if price trades through it twice. Third revisit is entry.

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8
Q

What is the 5 stage price action model?

A

HTF SSMT ➡️ T.O. ➡️ LTF SSMT ➡️ Expansion ➡️ Imalance entry

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9
Q

How do we find true Premium and Discount?

A

Premium and discount is relative to the previous HTF cycles quarter. For example, if trading the Daily cycle (sessions) use the data from the Weekly cycles quarter (day)

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