U.S. Dollar Index higher

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.

The June U.S. Dollar Index is trading at 94.02, up 0.52. Trading is little firm. Chatter about U.S. economic conditions continues to keep both buyers and sellers active. The May Empire Manufacturing Index came out at up 3.09 vs -1.19 in April. Industrial Production and Capacity Utilization data for April are due out at 09:15 AM. The Michigan Sentiment for May us due at 10:00 AM ET. Later this afternoon Net Long-Term TIC Flows for March are due out. Some sellers are seen near 94.29 if a move up is seen early in the session.

20-Year Pro Trader Reveals His "MoneyLine"

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