SmartMoney_Trade_Club

SmartMoney_Trade_Club

Have to let the charts do all the explaining. Have we silently crept into a bull market? With the feds soft decision of lowering how many basis points their planning to increase interest rates, really have to take into account of where we really are at this point looking at price action. Today we are looking at 11% from all time highs. My thoughts are,... we test...

SmartMoney_Trade_Club

GOOD DAY SMART MONEY TRADERS, Great holding support at last weeks demand levels, not seeing much activity in this market volume wise to see any indicators that this market will break !hr supply , but if the risk ratio is great , could be the next level to look at to see if this market will continue stay in its bear rally range. Remember cpi is ahead and usually...

SmartMoney_Trade_Club

With upcoming CPI DATA this week, we will be looking for some data that may give us a direction of where this market may be heading. I have constructed a profitable long for the mes, coming out of last weeks chop , I'm not looking for any major demand levels or supplys to be broken, this trade plays in the range, not much risk, but the profit ratio for this trade...

SmartMoney_Trade_Club

Right now the AUD is testing the daily resistance of the USD. This could be big. LEARN TO USE YOUR SMALLER SCALES TO GAGE A MORE CLEAR VIEW OF A REVERSAL OR BREAKTHROUGH. GOOD TRADING!!!

SmartMoney_Trade_Club

With USD on the verge of being a Bully, I predict that in the next 24-48hrs USD will retrace in its daily trend. Possibly landing close to 100 pips. Please comment and share.