Hello,
I would like to ask experienced traders if they know what fundamentally changed since the beginning of the Coronavirus. Indeed, I liked to follow retail traders long /short ratio (contrarian indicator) and BEFORE the Coronavirus, at least once per month, they were strongly short or long on a major pair. But since March, they seem lost and there are no longer convictions.
I tried to understand myself why, and there is an analyst who explained that the Central Banks no longer change their rates, therefore excuse me if I am wrong but as Carry Trading is a technique used by a lot of traders, is it the explanation why also the retail traders are indecisive ? Carry trading is no longer possible ?
Thank you.
I would like to ask experienced traders if they know what fundamentally changed since the beginning of the Coronavirus. Indeed, I liked to follow retail traders long /short ratio (contrarian indicator) and BEFORE the Coronavirus, at least once per month, they were strongly short or long on a major pair. But since March, they seem lost and there are no longer convictions.
I tried to understand myself why, and there is an analyst who explained that the Central Banks no longer change their rates, therefore excuse me if I am wrong but as Carry Trading is a technique used by a lot of traders, is it the explanation why also the retail traders are indecisive ? Carry trading is no longer possible ?
Thank you.