DislikedHere is a link showing retail traders 79% long.
Frankly, whoever these retail traders are have their heads up their asses. Perhaps they bought into all of the intervention chatter...Ignored
that's how money are made. media hype.
is there anyone in the world that doesn't know
intervention is imminent ? )
same thing happen to EUR/CHF
SNB intervention from 1.6 to 1.28
how many accounts have been blown.
after going below 1.38
SNB comes and statement.
SNB intervention was succesfull. bang another 400 pips drop.
)
Rule No.1: Never lose money. Rule No.2: Market is always right !