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Community Outlook and Reality

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.

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EURUSD 1.11174 GBPUSD 1.33352
USDJPY 109.351 USDCAD 1.31719







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