This page has been archived and commenting is disabled.

Trade Against The Retail Herd 11th Mar

Pivotfarm's picture




 
What's new today?


Most pairs seem fairly neutral today, although action early in the London session seems to have some volatility behind it. Many potentially market moving events today that are likely to effect positioning key to watch will be the CAD employment data released at 07:00 EST, this pair has maintained a strong bearish bias in our research for many weeks (77% of retail traders long). The employment data released today could have a dramatic impact on positioning.
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.
Fri, 03/11/2011 - 10:43 | 1040381 CPL
CPL's picture

Doesn't look like anyone is trading today.  Too busy watching TV

Fri, 03/11/2011 - 08:22 | 1040037 Orly
Orly's picture

Maybe we will be allowed to trade after all.

:D

 

yay

Fri, 03/11/2011 - 11:43 | 1040548 IQ 145
IQ 145's picture

 ref; our conversation last week. My paper trade on EUR/USD was put on last friday morning at 8:40; price 1.3965, short; basis the June contract on the CME; so you can follow this along; the stop is at 1.400 now.

Fri, 03/11/2011 - 05:54 | 1039926 destiny
destiny's picture

ALERT  ALERT  ALERT  ALERT  ALERT

DON T KNOW WHERE TO POST THIS BUT A TSUNAMI IN PAJAN FOLLOWING AN EARTHQUAKE OF 8.9

57 NUCLEAR PLANTS IN JAPAN,  ONE ON FIRE RIGHT NOW IN ONAGAWA.

MORE TSUNAMIS AWAITED

Fri, 03/11/2011 - 11:44 | 1040552 IQ 145
IQ 145's picture

 nothing is on fire; there's no tsunami; go back to sleep.

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