Trade Against The 90% That Lose Money 16th Dec

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

So what are the signals?

Strong Short 66% Retail Longs

Short 60% Retail Longs

Long 60% Retail Shorts

Strong Long 66%

Retail Shorts

We are looking for 60%+ (Ideally for best opportunities 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 Strong Short and Strong Long areas.

What’s New Today? Volatile action in the previous session has led to some shifts in the retail positioning. GBPJPY previously on the fringe of the short zone has now entered it.  USDJPY remains an anomaly in the data.

Provided by Pivotfarm - Click here to learn about Technical Confluence

Comments

[BeerGoggles]

Glad that these $yen shorts are working out for you. ahahah.

I wouldnt be surprised if you were getting all the retail crowd out there to short while you go long, we have seen these blog posts on a few forums out there. Doers anyone take this daily post seriously anymore?

Pigfarm - "paid for newsletters to cover my commissions".