20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
USD/JPY was trading at 80.96, up 0.59% at time of writing.
The pair was likely to find support at 79.97, Friday’s low, and resistance at 81.06, today’s high.
Earlier in the day, official data showed that U.S. industrial production rose less-than-expected to 0.1% last month, from 0.0% in the preceding month.
Analysts had expected U.S. industrial production to rise 0.2% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.80% to hit 1.4182 and GBP/USD falling 1.08% to hit 1.6195.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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