RIKU QT 2025 Part 4
YouTube transcript, YouTube translate
A quick preview of the first subtitles so you know what the video covers.
So this is the fourth video in the introduction to quarterly theory and I'll be covering the other types of cracks and correlations that we can be using. The first one will be SMT film. Okay. And this is when we have a cracking correlation between gaps. Okay. Now this can be any type of gap like your fair value up band price range or inversion fair value ups. New week opening gaps, new day opening gaps. Okay, any type of gap can be used. And what this would look like on a chart is this. Okay. where we have a fair league up here. Okay, we have our fair value up here and on the same gap must be the same gap price is trading into it on one asset whereas it's not being traded into on the other asset. Okay, this is SMT fill. This cracking correlation will cause price to reverse and you'll most commonly use it on continuations. Okay, this is the first one. The second one that we will cover is going to be SMT with two opens. Hopefully you can start to guess what this is. This is a cracking correlation between true opens and the one that will probably be using the most will be between the true week open. Okay. So if we have this asset one, asset two and we are trading below the true open on one asset, but we're failing to on the other one. This here is also a crackling correlation. As I said, this will most likely be the true weak open that we'll be paying attention to. Hopefully that makes sense. The first type will be SMT between premium and discount. I'm sure you can guess what this is. We have this scenario and we draw our premium and discount. Here price is trading into discount on one asset but failing to on the other asset. And this is a cracking correlation as well. So hopefully you can see that there are so many different types of cracks and correlations. And then the fourth one will be a precision breaker. Okay, I'm sure you know what our breaker block is.