daniel47

daniel47

Smart Money Moment

daniel47

Follow the Yellow brick road and may be you will find what you are looking for?

daniel47

SM Levels For Today

daniel47

DXY Has more movement to the down side

daniel47

Using SM Levels on their own my prove difficult as you will not know the methodology I use. But using the cloud may help you!

daniel47

GBP$ hit target before selling off to 3771 -

daniel47

Hit The Weekly SM

daniel47

DXY New Day hit the Lower SM Mid Low and bounced

daniel47

As stated I do not trade the DXY but the majors mainly GBP$ and the SM Levels worked extremely well on the down move. I have another indicator to support the SM levels but unable to use it on theses charts. Ninjatrader v7 is what I normally use. I focus on one pair at a time - I do not jump from pair to another this way I can focus and achieve my daily objectives!

daniel47

Subject to a close above the said level

daniel47

Time for me to take a Rest Bite

daniel47

No Rest Bite for the DXY - 92.56 seems a TP I am short the Sterling $

daniel47

May be a Rest Bite for the DXY

daniel47

Yesterday's SM levels were Profitable if used correctly - I do not actually trade the DXY but use it on the GBP$ & EUR$ where it can produce excellent results with the correct methodology.

daniel47

Now looking at Weekly SM Level High

daniel47

Consider weakness to the UP MOVE

daniel47

DXY Up Date

daniel47

Not much data or news at the moment to alter direction Monday!