Edit Your Comment
Community Outlook and Reality
Medlem sedan Dec 28, 2013
171 inlägg
Nov 13, 2019 at 08:26
(redigerad Nov 13, 2019 at 08:33)
Medlem sedan Dec 28, 2013
171 inlägg
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.
Jan 24, 2020 at 14:43
Medlem sedan Oct 24, 2017
5 inlägg
Community outlook show positions mostly of retail traders or small speculators.
Screen shot from babypips.com school.
Screen shot from babypips.com school.
Put in the reps!
Jan 27, 2020 at 17:38
Medlem sedan Mar 21, 2017
25 inlägg
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.
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.