This page has been archived and commenting is disabled.
Daily FX Retail Trader Contrarian Analysis
Retail Traders as a herd are wrong...most of the time (sorry guys its true).
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.
The pairs that we feel offer the highest opportunity for success are described in the Shortand Long Zones.
What's New Today? A very flat trading day yesterday, as such little overall movement in the Retail Trader Positioning. Extreme long positions remain on the USD/CHF and USD/JPY
This report is currently in Beta test phase, please let us know what you think and how we may improve it.
»
- advertisements -
Where do you find the short interest (websites)?
http://www.shortsqueeze.com/
it only makes sense Cartman you bastard if retail clients are actually trading which they are not so it makes no sense.
When / if retail traders return to markets you could see some sweet returns
I've actually done pretty good using this as a baramater for my forex positions. I don't rely on it but I do consider it and it has been useful in my case. Have any other benefited much from this? For all I know it was lucky but the basic idea makes sense.
Hey Cartman, its pretty consistent been right on the button with the USDJPY and USDCHF for weeks now.
Yeah, and it continues to be the case!