Hi Smash, appreciate all the analysis. Do you ever discuss how you trade these levels? Do you just take quick base hit trades or do you hold for larger moves level to level?
Appreciate the support! I’m generally a short-term trader, so my main focus is entering trades around my intraday levels. I use the weekly levels more as a framework to gauge the overall strength or weakness of the auction. The key for me is providing context by highlighting important levels and potential targets so traders can make informed decisions.
How you use the levels depends on your trading style and the market environment. In balanced, non-directional conditions, a level-to-level approach tends to work best, with the biggest opportunities near the extremes, such as last week’s test of the 6805 level. In trending environments, there is more potential to hold runners. In other words, it is important to avoid taking profits too early in a trend and holding trades too long in balanced conditions. Understanding the difference between these contexts can help you adapt your strategy, whether you are aiming for quick trades or larger moves.
Hi Smash, appreciate all the analysis. Do you ever discuss how you trade these levels? Do you just take quick base hit trades or do you hold for larger moves level to level?
Appreciate the support! I’m generally a short-term trader, so my main focus is entering trades around my intraday levels. I use the weekly levels more as a framework to gauge the overall strength or weakness of the auction. The key for me is providing context by highlighting important levels and potential targets so traders can make informed decisions.
How you use the levels depends on your trading style and the market environment. In balanced, non-directional conditions, a level-to-level approach tends to work best, with the biggest opportunities near the extremes, such as last week’s test of the 6805 level. In trending environments, there is more potential to hold runners. In other words, it is important to avoid taking profits too early in a trend and holding trades too long in balanced conditions. Understanding the difference between these contexts can help you adapt your strategy, whether you are aiming for quick trades or larger moves.
Thanks for laying that out
Thank smash 💥
You never late ⏰
Thank you Smash!
Have a great week, mentor. Take care. I always appreciate your knowledge. Thank you for everything!
Tks
Just downloaded this app for the smashing analysis haha. Thanks Smash
Thanks Smash!
Hy the smashlevel is different on 2 charts 6890? 6860??