Community - Outlook view - Insane

Sep 04, 2014 at 21:00
1,494 개의 뷰
23 Replies
Nov 21, 2011 부터 멤버   게시물1718
Sep 12, 2014 at 10:44
AUDUSD kept dropping while now 70% traders are long.

As you can be sceptical as the crowd isn't always wrong. Let's take a real example with 2 pairs that get the same outlook:




So now I have added a new feature using Index Currencies to filter Outlook Signals:


On AUDUSD, it suggests to be short (it supects that crowd is wrong).
On NZDCAD, it suggests to avoid to short NZDCAD (it supects that crowd may not be so wrong)... but the long signal isn't given. So we stay aside from this pair.





Conclusion:
If we have a look to both chart using the same timeframe we see that NZDCAD is slightly bearish... the pair could go up and crowd could be right being Long.

Bearish trend on AUDUSD is confirmed by the Index Currencies and this time crowd is surely wrong on being Long.

첨부 파일:

Jan 16, 2014 부터 멤버   게시물4
Sep 12, 2014 at 20:02
this is monthly AU chart with some indicator



I still don't know how most of those traders make their decisions
must be in their personality's traits
Nov 21, 2011 부터 멤버   게시물1718
Sep 12, 2014 at 20:31
Double Bollinger Bands + SAR... and many stuff i don't know.

We have the same trade... he got it earlier!

Jan 16, 2014 부터 멤버   게시물4
Sep 13, 2014 at 10:26
I talk to one of those traders beliefs

his quotes

"If its at an extreme , take the contrary trade
play the reversion that always occurs

against the herd - quite profitable

Markets always turn

Pricing and it is incredibly accurate"

As mention previously,
herd is fighting the trend, he confused herd and technical chart's trend are the same thing / behaviour
10,000 buy lots of EU and GU in this myfxbook community against 3000 lots of sell order can't make the market to go up

price without proper indicator structure has no edge, like flying a plane without the plane's indicator instruments,
like radar of what's ahead, direction of the wind, the speed of the wind and plane, etc etc
it's pretty dangerous
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