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Trading using community outlook
Uczestnik z Aug 17, 2017
2 postów

forex_trader_451135
Uczestnik z Aug 11, 2017
7 postów
Aug 20, 2017 at 07:04
Uczestnik z Aug 11, 2017
7 postów
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.
Uczestnik z Apr 18, 2017
700 postów
Oct 22, 2017 at 14:23
Uczestnik z Apr 18, 2017
700 postów
No, it’s not working like that! We all are the retail trader, only 3-5% in the whole market! So, it’s not easy to manipulate the market.
Uczestnik z Feb 12, 2016
394 postów
Oct 26, 2017 at 15:22
Uczestnik z Feb 12, 2016
394 postów
If you see a lot of traders going one way of the market - this does not mean the price will go the same direction. Also this may be a Market Abuse that can mislead you to lose. Be careful.
Accept the loss as experience
Uczestnik z Aug 23, 2016
33 postów
Oct 27, 2017 at 09:32
Uczestnik z Aug 23, 2016
33 postów
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
Uczestnik z Sep 23, 2019
1 postów
Apr 14, 2020 at 04:28
(edytowane Apr 14, 2020 at 04:37)
Uczestnik z Sep 23, 2019
1 postów
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
Uczestnik z Aug 16, 2019
25 postów
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
Uczestnik z Aug 20, 2019
21 postów
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.
Uczestnik z Feb 26, 2020
5 postów
Uczestnik z Dec 20, 2019
20 postów
Jun 28, 2020 at 15:47
Uczestnik z Dec 20, 2019
20 postów
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.
Uczestnik z Jun 22, 2020
38 postów
Jun 29, 2020 at 08:08
Uczestnik z Jun 22, 2020
38 postów
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.
Uczestnik z Jul 23, 2020
696 postów
Oct 10, 2020 at 10:14
Uczestnik z Jul 23, 2020
696 postów
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.
Uczestnik z Jul 09, 2020
30 postów
Uczestnik z Oct 14, 2020
21 postów
Uczestnik z Oct 13, 2020
27 postów

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