Correlated assets are assets that move together in a similar way.
The three triads used are:
• Indices: NQ, ES, YM
• Metals: Gold, Silver, XAUEUR, XAUGBP, XAGEUR, XAGGBP
• Energies: CL, RB, HO
Indices and Metals generally move in the same direction, while Energies tend to move in the opposite direction.
For SMTs, Gold is paired against XAUEUR and XAUGBP, while Silver is paired against XAGEUR and XAGGBP.
Before looking for SMTs, key levels must be identified.
Key levels consist of:
• Relevant Highs and Lows
• Gaps
If there is no key level, there is no trade.
Price expands, reaches a relevant level, and can transition into consolidation. When price is trading between a defined high and low, those boundaries become the framework for identifying future swing points and SMT opportunities.
⚠️ Why is 6H Profiling So Effective?
Cuz it give the best visual representation in term of Sessions.
Each 6H = individual Quarter = individual Session.
• Asia - 6H
• London - 6H
• Newyork AM - 6H
• Newyork PM - 6H
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