Forensicforex
DXY Smash Day Buy SetupHello Traders!
Here we got a small range candle as expected.
The market works in two natural cycles. Small range and large range.
Yesterday's candle was a large range and today is a small range candle.
I am anticipating buying under this down-close candle to keep the up trend going to BSL.
DXY Smash Buy SetupHello Traders!
Here we have a potential Smash Day Buy Setup.
We have a daily candle closing below a PDL.
This candle has pushed into sell-side liquidity and hit stops for those who are still holding longs.
If the price gets back to the high of the smash day candle I will observe what xxx/usd pairs are doing and bonds.
If you do not know the model just youtube or google to search for it. This is not retail logic at all.
Larry William Smash Day Buy ModelHello Traders!
I am just looking into other models that I view to be valuable.
Larry William Smash Day Models are excellent in my opinion.
Larry said the models are great at finding turning points in the market.
Here we can see how the market looks to be breaking out below a swing low.
However, the price turns around and runs the high of the candle that paints the idea of a breakout lower.
That is the smash day candle!
Price will often show the willingness to trend for "X" amount of days.
This is a model I will get familiar with and incorporate into my swing trading.
Large Asian Sessions Impacts other SessionsHello Traders!
Here is one example out of thousands you can see based off the Asian session.
You can see the Asian session is 437.6 pips!
That is a significant move in my opinion.
Asian having range greater than 40 pips impacts how London and New York will move.
In this example London and NY hardly give us any range expansion to the daily range.
As a trader you need movement to make money.
Most of the daily range expansion occurred in Asian, which is a key to avoid London and possibly settle for a New York trade setup.
USD/JPY Monday London OpenHello Traders!
Here I am bearish on UJ.
We are above S.O.P and M.O.P
It is currently London open which can present the high or low of the day.
Price broke a 15m swing high before going into london open.
So I do no think london will look to break high of the day so far, unless it wants to wipe buy stops once more before going lower.
DXY Full Trading DayHello Traders!
Here we can see the DXY fall lower for the day.
However, by using the Asian Session we are able to have greater chance of knowing where the the market will.
We know the 3 main sessions all have different characteristics.
London will be keying off the Asian session.
Notice how they trap traders during London Session.