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Trading with Smart Money Concepts 0 replies
Price Action & Fundamentals with Smart Money 79 replies
Discussion about Smart Money 1 reply
Trading Smart Money 2 replies
DislikedI was doing some research and found an article on Bloomberg about Dollar, Yen Rise Versus Euro as U.S. Job Cuts Pare Yield Demand. Then, it becomes clearer to me how the smart money utilize the mainstream media online and offline to manipulate the market. To prove my point,that news story released [i]July 2, 2009 19:32 EDT Now from looking at the EUR/USD it spiked briefly on weakholders buying, and headed down again. Now study that red bar with the wide spread and extreme volume that was smart money buying EUR/USD or accumulating it at bargain prices...Ignored
DislikedGood eye on the EU/USD bro'! Just cashed at .3990 for 25 pips on 2 big lots, thank you.Ignored
DislikedGood eye on the EU/USD bro'! Just cashed at .3990 for 25 pips on 2 big lots, thank you.Ignored
DislikedWell the market recouped nearly 65+ pip of losses from previous day and we see an upthrust,not on high volume but does signify reversal for the short term, I need to see some no demand bars to signal a full replacement, thats off the 5M chart but as I go out to the 1HR,we may have a test bar forming, if successful that points to supply being removed from the market and the pair will be poised to rise!Ignored