The old rule was: When commercials are long at a 3-year high, buy. However, with central banks manipulating interest rates, Larry’s new approach adds a filter for real interest rates. A new guide would show you how to overlay the Dollar Index (DX) onto the COT data for Gold and Silver.
Williams identifies specific price patterns, such as the "Hidden Smash Day," to catch markets that are about to reverse. These patterns focus on volatility breakouts and the relationship between today’s close and yesterday’s range. Why Traders Seek the "New" PDF Version The old rule was: When commercials are long
He often uses "days in trade" as a stop-loss mechanism, exiting if a market doesn't move in his favor within a specific timeframe. with central banks manipulating interest rates