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Trading using community outlook
Membre depuis Aug 17, 2017
posts 2

forex_trader_451135
Membre depuis Aug 11, 2017
posts 7
Aug 20, 2017 at 07:04
Membre depuis Aug 11, 2017
posts 7
Most of the traders in the community outlook are martingale. They open trades in the opposite direction of the trend and wait for price to return. It is best to trade in the opposite direction as the majority are doing. However, the outlook is NOT a timing tool. Wait for a trend to resume movement that is opposite the outlook data. I use the sentiment data available on dailyfx.com.
Membre depuis Aug 23, 2016
posts 33
Oct 27, 2017 at 09:32
Membre depuis Aug 23, 2016
posts 33
I have designed a trading system using community outlook as a reverse indicator. I have been live trading it for a month after four months on a demo account. If you use this community outlook as an indicator you are certainly on the right path but it is important to remember it requires discipline and tight stops
https://www.myfxbook.com/members/Costarican96/pvm-myoutlook/2161736
https://www.myfxbook.com/members/Costarican96/pvmfx-live/2267351
https://www.myfxbook.com/members/Costarican96/pvm-myoutlook/2161736
https://www.myfxbook.com/members/Costarican96/pvmfx-live/2267351
Membre depuis Sep 23, 2019
posts 1
Apr 14, 2020 at 04:28
(édité Apr 14, 2020 at 04:37)
Membre depuis Sep 23, 2019
posts 1
It is in fact possible to use it. I personally wait until it is above 93 percent going in a direction. I have alerts set. I then look to my charts and if it is a long sentiment I look for support about 50 to 100 pips or so below the current area. I have found that when more than 93 percent of folks are going in a direction the market rips in the opposite direction before then going in the direction of the consensus. This is done to stop out those folks and make the banks money. You can also wait for the rip, then ride it back in the right direction.
Apr 25, 2020 at 13:23
Membre depuis Aug 16, 2019
posts 25
Just because many people are trading in one direction does not necessarily mean that they are right,. Maybe they are all headed in that direction because they are copying each other. Some are going to read this reply and then head the other direction. So what is what. That is all uo to you.Go in the direction you want to go.
Jun 21, 2020 at 14:26
Membre depuis Aug 20, 2019
posts 21
You know, the point is that there are traders who trade against the trend and there are traders who trade against the trend. And both formats can be called working and efficient.
The other question is that most of the traders from these two groups use different methods of market analysis, choose different timeframes and even differently insure themselves in the market.
The other question is that most of the traders from these two groups use different methods of market analysis, choose different timeframes and even differently insure themselves in the market.
Membre depuis Feb 26, 2020
posts 5
Membre depuis Dec 20, 2019
posts 20
Jun 28, 2020 at 15:47
Membre depuis Dec 20, 2019
posts 20
Sometimes I literally intuitively want to work in a different way than most traders do. Maybe it's some kind of intuition or something... But sometimes it really helps me to take money from the first step and make an effective trading session.
Membre depuis Jun 22, 2020
posts 38
Jun 29, 2020 at 08:08
Membre depuis Jun 22, 2020
posts 38
An online trading community will provide you and all the other participants with a well defined structured method for trading, bartering, and selling goods and services worldwide.
These communities often provide you with an effective chatroom and forum sessions that are precisely designed to facilitate and develop an effective communication network among the members.
These communities often provide you with an effective chatroom and forum sessions that are precisely designed to facilitate and develop an effective communication network among the members.
Membre depuis Jul 23, 2020
posts 696
Oct 10, 2020 at 10:14
Membre depuis Jul 23, 2020
posts 696
Jalath posted:
Just because many people are trading in one direction does not necessarily mean that they are right,. Maybe they are all headed in that direction because they are copying each other. Some are going to read this reply and then head the other direction. So what is what. That is all uo to you.Go in the direction you want to go.
I think it effect the price. So, trader should check trading volume before making a trade.
Membre depuis Jul 09, 2020
posts 30
Membre depuis Oct 14, 2020
posts 21
Membre depuis Oct 13, 2020
posts 27

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