Muruhaiah C
Muruhaiah C

@cm_priyam

6 Tweets 22 reads Jun 08, 2024
Ever Wondered even u do all analysis as per ICT, but still struggling with inconsistency. Feeling missing something. Then this thread is for you.
Have HTF Narrative, Able to see LTF Liq Sweep, Displacment with MSS/CISD, +Br & FVG
That's all U need, Right?
No, Then what?👇
It is SMT... SMT (Smart Money Divergence Tool) nothing but a Divergence or crack between 2 correlated assets.
Now there are 2 types of correlation.
1. Direct Correlation
2. Inverse Correlation
Direct Correlation:
Nasdaq vs SP500 vs DowJones
EURUSD vs GBPUSD
AUDUSD vs NZDUSD
Nifty vs Banknifty
GOLD vs Silver
USOIL vs UKOIL
Inverse Correlation:
EUR/GBPUSD vs DXY
AUDNZD vs CADJPY
SMT should be used as a confirmational tool in both HTF and LTF which makes the trade a high probable one. It gives an edge...
Pls Note: SMT alone should not be considered.
It gives an added advantage in Option Buying because consolidation ends at SMT and momentum kicks in immediately.
The End
#Nifty #NiftyBank #niftyOptions #ICT #smartmoneyconcept #optionbuying #intradaytrading #StockMarketindia #sharemarket

Loading suggestions...