What does the smashlevel entail? Is that the price from which I should execute a trade, or is it more of a border in regards to going long (if price holds above 6890) or going short (if price holds below 6890). In other words, since it's holding above 6890, we should target 6890 / 6927 right?
The Smashlevel is an intraday pivot for assessing short-term market strength or weakness. Value building above it increases the odds of reaching the upside targets, while value building below it increases the odds of reaching the downside targets. It should not be treated as an automatic buy or sell signal—no levels marked on my chart should be. Levels are completely useless unless confirmed by orderflow (actual buying or selling activity at those levels).
Contextual awareness is what’s most important to me, and what I hope readers gain from my daily and weekly preparations. If you understand the context and trade in the direction of the side controlling the auction, you don’t need to be super precise with levels. Precision is only required when trading against the trend. Levels act as potential entries, exits, and ways to gauge control, so whatever occurs when a level is reached offers valuable information and helps build your narrative.
Now, there are no absolutes in trading. Acceptance doesn’t guarantee continuation, and rejection doesn’t always lead to a full reversal. It’s about stacking probabilities and reading the market’s response in real-time.
What does the smashlevel entail? Is that the price from which I should execute a trade, or is it more of a border in regards to going long (if price holds above 6890) or going short (if price holds below 6890). In other words, since it's holding above 6890, we should target 6890 / 6927 right?
The Smashlevel is an intraday pivot for assessing short-term market strength or weakness. Value building above it increases the odds of reaching the upside targets, while value building below it increases the odds of reaching the downside targets. It should not be treated as an automatic buy or sell signal—no levels marked on my chart should be. Levels are completely useless unless confirmed by orderflow (actual buying or selling activity at those levels).
Contextual awareness is what’s most important to me, and what I hope readers gain from my daily and weekly preparations. If you understand the context and trade in the direction of the side controlling the auction, you don’t need to be super precise with levels. Precision is only required when trading against the trend. Levels act as potential entries, exits, and ways to gauge control, so whatever occurs when a level is reached offers valuable information and helps build your narrative.
Now, there are no absolutes in trading. Acceptance doesn’t guarantee continuation, and rejection doesn’t always lead to a full reversal. It’s about stacking probabilities and reading the market’s response in real-time.
Thanks for the detailed explanation! Much appreciated!
No single level is a fixed guideline; it is the orderflow around these levels that confirms potential involvement and action.
Hey smash UT1 6890? On chart it’s 6890 and in the level of interest 6897. I assume 6890. Thanks
6890 is the correct level; I’ll fix it. Thanks for pointing it out!
Have a great week, thanks for simplifying something so complex, always grateful