DislikedIt's an idea but it's not wrong enough to do that.
If one did this, the account would either be slightly in the green, slightly in the red or just square.
We would need more bad calls.
I think everyone succumbs to forum peer pressure at one point or another. It's to be avoided.Ignored
I was joking, but only half joking about contrarian trading.
It works with stocks.
One of the best fundamental systems I've seen, with stocks, is using the odd lot index.
You know what it is, but for those who don't- it is a report of buys vs. sells of traders who trade less than 100 shares.
Those are the little guys. Go against them and you'll make money.
I have not seen any evidence that a similar approach works in forex.
For one thing, this kind of data is not available, since there is no centralized exchange.