GxT | Precision Swing Point | Pt.1

What is up everybody? Welcome back.

Sorry for the wait. This will be worth

the wait because this is going to be a

very good video and a turning point in a

lot of y'all's trading careers because

that's what it was for me when I learned

this concept and I I gave it time to uh

integrate this in my system, etc. Once I

learned more about it, yeah, it really

really changed the way I view the market

and how I filter price etc. and that is

with the concept precision swing points

or PSP for shorts. This is a concept

founded by trader day. Yes, this is a

quarterly theory concept. I do trade

quarterly theory but a very dumbed down

version and simple version of it. I do

not use majority of quarterly theory

concepts. Today I will be showing you

how I use precision swing point. So

let's get into it. So

what is a precision swing point? It is a

swing point, right? But it is not just a

swing point. It is also a Kraken

correlation, right? So as these assets

create a candle 2, right? Where they

close back within candle one's range,

right? We all know what a candle 2 is.

The difference in closes is the Kraken

correlation, right? They're going to

close in opposing directions. Right? So,

this is when both assets reach into some

relevant level. Asset one closes

bullish. Asset two, the correlated

market closes bearish. It's as simple as

that. Right? So, when I tell you that

anyone can apply this this this

um concept with little to no added

confusion or layer of complexity, right?

It's it's seriously something that any

trader can use at any level, right? And

it'll greatly benefit your trading,

right? Because the market cannot reverse

it at a swing point, right? That is the

whole logic behind Tra's model and TT's

approach to the market. It's very

logical, right? You go to any reversal

retracement, there's always a swing

point, right? So why not require a swing

point and confirm that swing point,

right? That's why the fract model is so

good. But the market also cannot reverse

without SMT. So why not require SMT,

right? And that's where the precision

swing point has both of them built into

it. So it is also it's a swing point and

a Kraken correlation. That's why it's so

good. So now let's get into some

different variations of a precision

swing point. So here is a precision

swing point, right? where there's a

cracking correlation between candle one

and candle two, right? And the PSP close

itself confirms that Kraken correlation,

right? And this can be used on any time

frame. This can be the daily time frame,

the 15-minut time frame, the hourly time

frame, doesn't matter, right? So, this

is what is called a two-stage PSP. Now,

there's other words for this. I think

it's precision candle. I'm not really

sure. I actually learned this from um a

trader, an educator, mentor um named

Jacob Speculates. He's also a Corly

theory trader. I would highly recommend

checking him out. Um learned a lot from

him. Um so that's also credits to him

for this as well. I want to give credits

to this almost all of this is they're

not my concepts, right? Um the way I

trade it is like the fractal model

though, right? So I trade it a lot

different than Corly 3 traders. I trade

a lot a lot different than quarterly

theory traders but I use the same

concepts right so some of the same

concepts so now let's get into the

different type the next type of

persistent swing point and it's

essentially the same thing but a

cracking correlation between candle 2

and candle 3 right so this is where we

do not have SMT between candle one and

candle 2 we have a PSP right and the PSP

is confirmed by the SMT right so it's

swapped right from the last one we just

saw and this is also a two-stage PSP. So

if you had to rank, you know, I guess

probabilities, right? You would have

PSP, well, I guess you'd have a swing

formation as the least probable, you'd

have a PSP as the next probable, highest

probable, and then you'd have one of

these versions as the next highest

probable PSP, right? Because obviously a

swing information, there's no SMT,

right? A PSP is one cracking

correlation. This is a two-stage

cracking correlation, right? was the

highest probable swing formation

possible essentially right and I will

show you guys sequences in a part two so

this is just part one just going to be

showing you guys PSPs and how to apply

them with framework and then we'll get

into profiling in sequences in a part

two so what is another version of tune

stage PSP it is a continuation PSP again

there might be another version or um

name for this I just call it

continuation PSP. This is essentially

where after a true reversal or after a

reversal, we expand away. In that

expansion, right, this is where we

create this two-stage PSP where one

asset creates a swing point or a candle

too where the other one does not, right?

So, a lot of people are going to get

confused. They're going to trade this

wrong. They're going to think this is a

PSP to go higher, right? Because you

have a PSP, you know, a candle two at

the lows. But really, this is just used

for retracement, right? And the SMT here

is essentially used and is the trigger

for expansion. Right? We'll get into

some examples that may be confusing, but

it's essentially an SMT between candle

one and candle 2 where the SMT confirms

the PSP.

Now, let's get into where do we apply

swing points or precision swing points

and that is always within narrative,

right? Or you know um framework, right?

So what are the three frameworks we use?

Internal to external, external to

internal and order pairing ranges,

right? Where we manipulate one side of

the range and distribute in the opposing

side of the range. So let's go and add

these two together. What does that look

like? So for an internal to external

model, this is when price hits this key

level, right? And the candle that hits

the engage with the key level actually

forms a precision swing point, right? So

this gives us a hint that we can

reverse. Now when can you anticipate a

two-stage PSP? Well, you can anticipate

a two-stage PSP when the PSP candle

itself right on the I guess let's say

the lagging asset or the weakest asset

when you're bullish like this is closing

as as an expansion candle, right?

Because now this candle here is opening

near this candle's low, right? So it's

very close to proximity where it can

take it out, right? And if this candle

didn't reverse, then we must reverse off

of this candle's low, which then creates

the SMT, which creates a two-stage PSP,

right? So, it's very high probable um

model here, right?

So, when can you anticipate a just you

know one cracking correlation where it's

just a PSP, right? So, here is we engage

with external range liquidity, right? We

form a C2. It's not just any C2 swing

formation. It's a PSP, right? Because

this asset over here is bearish. This

asset over here is bullish, right? So,

we can expect candle three to expand

lower, right? Why can we anticipate this

high not being rated? Well, because the

weakest asset is actually closing a

reversal candle, right? So, this candle

reverses, then this asset doesn't really

need to, you know, take out this high.

Right?

Now, let's get into order pairing

ranges. Right? This is again when a PSP

is created when we engage with something

relevant, right? We can't just trade any

PSP everywhere. It's not that good. You

know what I'm saying? No, no concept is

that good. You got to have context,

right? So, here we engage with a range

low, failure swings on the opposing side

of the range, SMT with that range low,

right? The candle itself that hit this