The Smart Money - Money Flow

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The Smart Money 

Money Flow 

There are two critical factors that we as technical analysts observe to track where the smart money is going. The first is an indicator called Twiggs Money Flow which is similar to Chaikin Money flow with a few adaptations to account for gapping and some other factors. 

Developed by Collin Twiggs, it is a method of tracking if a stock has the key factors that define a true uptrend. 

These qualities include: 

Price making higher highs and higher lows 

Higher amounts of money or volume trading in the stock each day 

Closing higher and higher in its daily trading range 

Whether the range is expanding or contracting

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