XAG/USD retail traders are majority long.
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 visualization 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.
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You can also head to our latest feature, the Economic Fundamentals Center for information on the current interest rates and unemployment rates of the countries covered in our analysis of currency pairs. It is also available on mobile. You can head over to the mobile applications section to download the Android apps available for free.
Traders should always practice proper money management and seek to understand the underlying tones for the market.