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Trade Against The 90% That Lose Money 22nd Nov

Pivotfarm's picture




 

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? Most currencies remain in the neutral zone.

Provided by Pivotfarm - Click here to learn about Confluence Technical Analysis

 

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Mon, 11/22/2010 - 11:15 | 746283 Yorick7
Yorick7's picture

Have a look at the 1yr vs 5yr implied vol spread in usdjpy.  It's maxing out which means someone is stuck short and worried about the downside.

Mon, 11/22/2010 - 11:20 | 746292 Orly
Orly's picture

You mean stuck short and worried about a downside move in USDJPY?  As the spread comes in the USD should drop, no?

Or do you mean caught long and worried about a downside move?

/:

Mon, 11/22/2010 - 10:41 | 746191 Orly
Orly's picture

A close on two H1 candles below USDJPY 83 confirms a fairly large retracement pattern.

:D

Mon, 11/22/2010 - 05:56 | 745817 revenue_anticip...
revenue_anticipation_believer's picture

...the new normal, there are no winning traders, no winning trades, based on traditional chart reading ...there are only "sure things", based on not mere 'insider information'?, no no based on Reality You Yourself Manufacture... Political insiders doing your bidding, forced decisions, resulting in predetermined sure thing financial/stock movements, executed at millisecond 'sounding-bids' co-located way way beyond primitive 'old normal' 'insider information' ...so, surely YOUR predication of 'predictions for payment'.. is just enough to create 'loser at the table' false-confidence.....if ANYONE needs an 'stock trading advisor' well...he IS the 'loser' automatically...no??? hows the back-testing been going? Aren't you about 4 years too late?

http://www.youtube.com/watch?v=Wpx5gBvHNGk&feature=related 

Cramer bullshit brings some interest here...

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