Community Outlook and Reality

Nov 13, 2019 at 08:26
853 Просмотры
2 Replies
Участник с Dec 28, 2013   171 комментариев
Nov 13, 2019 at 08:26 (отредактировано 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.
Участник с Oct 24, 2017   5 комментариев
Jan 24, 2020 at 14:43
Community outlook show positions mostly of retail traders or small speculators.
Screen shot from babypips.com school.

Приложения:

Put in the reps!
Участник с Mar 21, 2017   25 комментариев
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.
You must be connected to Myfxbook in order to leave a comment
*Коммерческое использование и спам не допускаются и могут привести к аннулированию аккаунта.
Совет: Размещенные изображения или ссылки на Youtube автоматически вставляются в ваше сообщение!
Совет: введите знак @ для автоматического заполнения имени пользователя, участвующего в этом обсуждении.