Some of you may find this interesting and others...well, they might just be angry or offended.
As you can see, I don't post much. In fact, this is my first post at ForexFactory. I've been a regular to the site for about 3 months now. This is a great place to find ideas and some great discussion regarding FOREX, which leads me to the index...
Basically, while reading through several of the posts for the week, you get an idea of what the speculators (that's us) are thinking. Everyone seems to have their idea of support and resistance and the direction of the market in the next few days. That's where the trading comes in.
It's difficult quantify, so it is more of a subjective call, but I have simply just traded the opposite of what the sentiment has been throughout the posts. In many ways, it is similar to FXCMs SSI.
So there you have it. If I wasn't so serious, it would be funny. Just do the opposite of what everyone thinks.
Even more serious: I started about 2 months ago with 100.00 USD in a separate account through Oanda, and it's up to 300.00. I haven't even figured in last nights price move either which is a great example of how this works.
Now, I'm not saying that we should trade this way, I'm just simply making an observation and putting it out there for discussion. Just some food for thought.
As you can see, I don't post much. In fact, this is my first post at ForexFactory. I've been a regular to the site for about 3 months now. This is a great place to find ideas and some great discussion regarding FOREX, which leads me to the index...
Basically, while reading through several of the posts for the week, you get an idea of what the speculators (that's us) are thinking. Everyone seems to have their idea of support and resistance and the direction of the market in the next few days. That's where the trading comes in.
It's difficult quantify, so it is more of a subjective call, but I have simply just traded the opposite of what the sentiment has been throughout the posts. In many ways, it is similar to FXCMs SSI.
So there you have it. If I wasn't so serious, it would be funny. Just do the opposite of what everyone thinks.
Even more serious: I started about 2 months ago with 100.00 USD in a separate account through Oanda, and it's up to 300.00. I haven't even figured in last nights price move either which is a great example of how this works.
Now, I'm not saying that we should trade this way, I'm just simply making an observation and putting it out there for discussion. Just some food for thought.
