Smashday
Smash Candle Buy Opportunity Hello Traders!
Here we can see this candle close below the many PDL.
This can be a perfect opportunity for commercials to load long.
For us small traders we must wait to see if we can get a confirmation for a buy.
If the price returns back to this candle's high it signs they want the price to keep going higher.
AUD/USD Smash Day Sell SetupHello Traders!
Once again here is another Larry Williams Smash Day Setup.
Now the price has taken out the 20-day high(BSL).
Yesterday was also a small-range candle, so I want to be in the market before the large cycle starts.
The smash day sell setup is in motion. Let's see what occurs.
I will come back to this.
The close above the 3-8 previous day highs "looks bullish" as if the price is on a tear to the upside.
The fact that the price has taken BSL and now has returned to the candle's low is the chance to go short and hold.
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.
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.