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Trade Against The 90% That Lose Money 9th Dec

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? EURJPY edges into the short zone.

Provided by Pivotfarm - Click here to learn about Technical Confluence

 

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Thu, 12/09/2010 - 13:57 | 793154 revenue_anticip...
revenue_anticipation_believer's picture

ha ha ha ha ah .... you have a "beat the stock market method",

and ARE selling it...??

Who would sell something that REALLY DID WORK,???

tramping door to door for handout scraps, "please Sir, i have a sure thing..."

Thu, 12/09/2010 - 10:36 | 792254 Orly
Orly's picture

Stay long EURJPY for fundamental reasons: widening Japanese bond spreads and changing demographics.

Watch for a quick reversal in USDJPY to ~83.4.  Should be some time within the next 48 hours.

AUDUSD is topping in this area against trendline resistance.  Watch for the pair to fill the channel back to 0.957.  AUDJPY to follow.

Best of luck trading!

:D

Thu, 12/09/2010 - 09:04 | 791944 tgatliff
tgatliff's picture

 

I dont know what you paid Zero Hedge to get your advertisements on here, but no doubt you will loose 100% on that investment.   The people you generally see on zh are not the type of morons that you like to prey on.   

 

 

 

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