Intro. To Sequential SMT (SSMT) Flashcards
What is SSMT?
SSMT is an interaction that occurs between 2 or more correlated assets, when the current Qs price action reaches and reacts to the previous quarters high/low.
This usually results in a pullback or reversal
What is the key parameter for SSMT to form?
SSMT must form between 2 consecutive quarters with previous quarters high/low as POI
How can I use SSMT in my trading?
SSMT anticipates the reversal/ price swing of current quarter
How do we spot SSMT?
-2 or more related assets analyzed side by side in order to spot cracks in correlation
- atleast I correlated asset must sweep the previous quarters old high/low
How do we trade Sundays?
-Extend Fridays’ highs/lows
-Wait for price to sweep either Fridays high/low with SSMT being confirmed by a 1h candle close to sweep Fri. high or low creating daily SSMT
- entry off FVG/Imbalance/displacement created after confirmed cisd/ mss