Reklāma
Community Outlook and Reality
Nov 13, 2019 at 08:26
1,161 Views
2 Replies
Biedrs kopš
160 ieraksti
Nov 13, 2019 at 08:26
(labots Nov 13, 2019 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.
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.
Biedrs kopš
4 ieraksti
Jan 24, 2020 at 14:43
Community outlook show positions mostly of retail traders or small speculators.
Screen shot from babypips.com school.
Screen shot from babypips.com school.
Pielikumi
Put in the reps!
Biedrs kopš
23 ieraksti
Jan 27, 2020 at 17:38
Also, imo, a lot of people like to call reversals. So, it makes sense that if EURUSD has 85% of positions going long, that price is actually in a downward trend, as traders expect it to go back up, and the lower the price goes the more that jump on long.... waiting/hoping for for it to revert back up.
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