This page has been archived and commenting is disabled.

Trade Against The 90% That Lose Money 18th Jan

Pivotfarm's picture




 
What's new today?


GBPUSD remains in the long zone, USDCAD has overtaken the USDJPY in the strong short zone with 76.30% of retail traders in longs as the pair visits lows that haven't been seen since May 2008!
Click image to enlarge

 
Provided by Pivotfarm via the Technical Analysis blog
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 01/18/2011 - 10:29 | 883845 Stuck on Zero
Stuck on Zero's picture

Lets use proper English here.  The statement:  "Trade Against The 90% That Lose Money" refers to people in which case the statement should be: "Trade Against the 90% Who Lose Money".

Tue, 01/18/2011 - 10:48 | 883882 anony
anony's picture

Proper english is "that" not "Who" lose money since robots are not people and as we all know robots are doing most if not all the trading.

Losses are merely virtual and very temporary, since every loss eventually becomes a profit with sufficient margin and inside knowledge of what manipulations various governments (or more realistically their surrogates in the FX community like Goldman Sucks) are doing to finagle their fiat. (FTF).

Tue, 01/18/2011 - 08:30 | 883646 Orly
Orly's picture

Sell EURUSD to 1.32.

Tue, 01/18/2011 - 09:13 | 883712 IQ 145
IQ 145's picture

You're 1.8 cents out of the money already; where"s your stop ? You have to stop using a dice cup for these calls, Orly; it just isn't going to work.

Tue, 01/18/2011 - 10:44 | 883871 anony
anony's picture

145 is pretty darned smart.

That begs the questions:

Are you pretty rich as well? 

Do you think Justin Bieber will last till the end of the year or, allah ahkbar, pass into oblivion?

What % of the time (and AMOUNTS!) are you right?

Was Ricky Gervais right on about the psychopaths that infest the acting community and wrong to call everyone's attention to it?

(IQ Cube root of 114 and falling. Precipitously).

 

Tue, 01/18/2011 - 12:23 | 884169 iota
iota's picture

Humble fella is IQ 145, as evidenced by the psuedonym. Maybe he'll bless us with the fruits of his intelligence and make some live calls. So where is EUR/USD off to IQ?

Tue, 01/18/2011 - 09:16 | 883715 Orly
Orly's picture

ok

Do NOT follow this link or you will be banned from the site!