XAG/USD retail traders are majority long.
GBP/CHF retail traders are undecided.
Majority of retail traders are on long positions, suggesting long bias.
Leverage on the market to plan your trades.
Watch the video to get insights on the sentiments of retail forex traders based on their Long : Short ratio of open positions.
This may help you get a pulse on the market momentum and trend. For example if 90% of all traders are long on a currency pair, what is that telling us? If we were to explore further, we know that most retail forex traders lose money. Does this mean trading against them is better? This is also know as contrarian investing.
For contrarian investors, will you trade against the retail market?
Members can log in to their private dashboards with historical data and colour shading for easy visualisation of trends. For example, if the majority of retail forex traders are longing the EUR/USD for the past 4 weeks, it may suggest momentum.Have you checked out our membership subscription? Enjoy your own member dashboard with exclusive premium analysis for as low as less than $0.20 a day! Time Limited Promotion 30% OFF. Secure Discounted Rates Now.
Now enhanced with our proprietary Price Action Bias Signals. We think you may be interested in these articles.