<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> DXY SMT and regular SMT showed the turn in the market. Then we used reclaimed FVG to act as a support. DXY breaker + FVG provided Risk ON. We found our targets at Premium arrays.

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When FEDs are involved everything goes out of the window. There will be manual intervention which means the probabilities are absolutely not in our favour. Its better to sit on our hands and do nothing. After the event hits the market, we go in and start looking for what’s left behind in terms of liquidity or inefficiencies. We Just observe the effects of the speech. Because of the manual intervention, all the rules go out the window for that period of time. Once that testimony is done, maybe 15m after, whatever the chart shows that’s what we use for the PM session. Speculation in the AM is gamble. The way we outline levels in price on normal days is narrative. We can’t build this on these times. Its foolish to believe so. Let other trades, sacrifice themselves at the altar of chance. This week is very very difficult terrain. We should NOT be interested in pushing any buttons this morning. (I pushed 2 times and got 2 losses).

So far the dollar took out PDH liquidity pool and NQ took out REL.

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When we have FOMC,NFP, CPI, FED speech, we annotate the 5m and 15m Buyside liquidity pools that have not been returned to. It would look something like this:

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ES broke below the Event horizon so now we can expect to reach the lower NWOG.

Big moves like this happen a lot, even without the FED talking. So you shouldn’t have FOMO.

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DXY is just melting through these Buyside Pools and its reaching for our Daily Levels that we were looking for.

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If DXY continues higher to the Volume Imbalance, that would provide lower prices on Indices and FX. So we are in that crossroad where DXY reached BSL and came back down to the RB. IT has done so in one big shot up. And on ES we traded into that old NWOG.

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SMT

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Price moved from one NWOG to another NWOG algorithmically, but with manual intervention. Everything is controlled, even when they are intervening manually.

💎 DXY SMT used to find the turn of the market.

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