Community Outlook and Reality
Subscribe to this topic |
![]() |
Member Since Dec 28, 2013 156 posts
niceGLer
Nov 13 at 08:26
(edited Nov 13 at 08:33 )
I don't get this one. Let's observe EURUSD, for example. It has been in a steady decline for about a week. Community outlook states that
85% of the traders have a long position in it, and only 15% of the traders are shorting it. Short positions at the moment have 23 thousands lots, and long positions have 127 thousands lots. Yet, the community outlook shows that overall of 69% are winning players!! My analysis shows that I should have been shorting it heavily (Which I have not been doing) How should I interpret community outlook as a tool? Traders have won $2.7 billion and lost $1.4 billion. Strange discrepancy. |
Please login to comment.
|