Look at them as a whole and how theyre inter related, therese symmetry between all 4, theres a common theme to be found. The common theme is risk on and risk off

Its not only that they work in harmony with another but sometimes that decouple, if theres a decoupling, in other words: The bond market goes higher, that means that theres less risk in the market, its a risk off enviroment, so the market goes to buying bonds. When the bonds are going lower, thats a risk on scenario, risk on brings in the buying of stocks, the buying of foreign currencies. These back and forth fenomenon have a reverberation that go trough all 4 of the asset classes

This matters, it has a place, its important.

To be a specialist you still have to understand what the market is going to be doing most likely

When all the markets work together as they should, risk on enviroments everything should rally interest rates should be declining. If they are int sync with one another then its going to be very hard to find moves that are going to be explosive

Are they moving in symmetry? Or is it chaos? Why would we see a decoupling? Because theres uncertainty

The best time to make money is when theres harmony, dollar index goes higher commodities go lower, stock go higher risk on, risk off stocks fall. Foreign currencies rally when its risk on and decline when its risk off and then the dollar will rally.

Its highly efficient, but very hard to decipher because it requires a lot of work to be looking at other things. Can you make money just looking at EURUSD? Yes you can, will you understand when the large moves are going to take place and how long to hold on to them just solely based on looking at EURUSD? No

Dont avoid the hard work

You will always have this feeling that something is not clicking if you dont do this, you have to have a general view of what the market will do as a whole.

When theres decoupling and theres chaos end its not clear, then thats saying that smart money is not willing to contribute to 1 side of the market place or theyre waiting on something, could be war, brexit, trump, a lot of things

Dont stare at them all day long, just periodically check them, get feedback from them, they should be moving in cocert with one another, when the market is efficient they create big large moves and theyre easy to see coming

Its not black and white, theres times when it seems black and white and those times will trick yoou because you will think its supposed to be like that all the time, when its like it thats when you want to go in and when its not like it you need to take a step back, and the way to be able to determine that is by looking if the market is risk off or risk on

This month was to make you look at it as a whole, are commodities going higher or lower? Are interest rates going up or going down? Is the dollar going up or going down? Is equities finding ease to rally or is it struggling to rally and is it more in a consolidation? All of these things matter

Intermarket analysis is crucial

Its important to know how to look at these things and ofcourse to look at what should happen if they should move in symmetry

ICT taught, the likelyhood of a directional move per asset class and the importance on knowing what to look for and when it should happen.

When only 2 asset classs are doing what they should and the other 2 arent then thats not a symmetrical market, but when a 3rd starts moving in tendum as well, thats when we can see that were slowly coming out of the chaos and smart money is coming back in

If smart money is not leaving clear tracks, we stay on the sideline, because if you dont do that you wont see the longevity, you waont be around here still in 20 years from now