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Archive - Oct 5, 2010 - Blog entry

Pivotfarm's picture

Daily FX Retail Trader Contrarian Analysis 5th Oct

Submitted by Pivotfarm on 10/05/2010 01:46 -0500



This daily report is designed to help traders find opportunities to trade against this group. The premise is very simple we are looking for 66% of retail traders to be trading either long or short a currency pair, we then look for opportunities to fade (trade against) this group. For example if 72.99% of traders are long the USD/CHF we look for opportunities to short that pair.

 
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