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• If you can spot and track “Smart Money” you can trade in harmony with the money flow.
• Volume analysis is a key skill.
• VOLUME ANALYSIS AND TRACKING SMART MONEY Volume is perhaps the most under-rated indicator in the markets.
• Volume shows the activities of the big hedge funds and proprietary desk traders, players we often refer to as “smart money”.
• Good volume analysis shows critical points at which markets turn around, when activity levels are low or high or when smart money is active or inactive.