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Brokers retail data?

  • #1
  • First Post: Edited Jan 26, 2020 9:29am Jan 20, 2020 7:27am | Edited Jan 26, 2020 9:29am
Greetings,
Added this to rookie talk since I am still learning =)
I am looking for sites where you can look how retailtraders have placed their positions. One is -
https://www.myfxbook.com/en/community/outlook
but there are others, one where you could look at all the major brokers, an adress which I have forgotten =(

Any help is appreciated!


***Update***
https://fxssi.com/tools/current-ratio
  • #2
  • Jan 26, 2020 5:38am Jan 26, 2020 5:38am
Quoting FxChampion9
Greetings, Added this to rookie talk since I am still learnig =) I am looking for sites where you can look how retailtraders have placed their positions. One is - https://www.myfxbook.com/en/community/outlook but there are others, one where you could look at all the major brokers, an adress which I have forgotten =( Any help is appreiated! ***Update*** https://fxssi.com/tools/current-ratio
--
Do you want to make and follow an order entry strategy based on other traders' trading activity?
Risk Management is of utmost importance!
  • #3
  • Jan 26, 2020 8:23am Jan 26, 2020 8:23am
Quoting RCtrader
{quote} -- Do you want to make and follow an order entry strategy based on other traders' trading activity?
Yes and no - more like going against the herd.....
  • #4
  • Jan 26, 2020 8:29am Jan 26, 2020 8:29am
Quoting FxChampion9
{quote} Yes and no - more like going against the herd.....
Interesting. From what I saw on forexfactory, trade happens on both sides all the time.
Risk Management is of utmost importance!
  • #5
  • Edited 9:02am Jan 26, 2020 8:51am | Edited 9:02am
Quoting RCtrader
{quote} Interesting. From what I saw on forexfactory, trade happens on both sides all the time.
There is a reason why majority of traders loose... =) I use other sources to decide if I should enter a trade or not. Retail sentiment is one key to the puzzle. Timing and patience are others. Technical,COT and price action is another.
Combining everything increases odds...
Take for example eurusd where majority is long right now. Yes it could go up and probably will, but how many pips? And of the retailers going long, what is their target? A couple of pips? 10-20? More?...
I will short it at correct moment...
  • #6
  • Last Post: Jan 26, 2020 9:09am Jan 26, 2020 9:09am
Image say more than 1000 words....
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