big reversal candle in the M4!
i am looking now for a breakout pattern trough the trendline!
i am looking now for a breakout pattern trough the trendline!
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedLooking froward to a good Sell off. For some reason monday NY session always reverses London/Asian session PAIgnored
DislikedDe nada!
Did you note that I highlighted that traders are now going long on the EU rather than short (like last week). Could be a sea change happening here. Although more gains are expected because more traders are short, I start to get a little nervous when I see sentiment starting to go the other way i.e. that retail traders are now starting to go long on the dips. That's when you've got to go by your chart more because it's not so one-sided anymore. Good trades.Ignored
DislikedAnd even though a few traders have rubbished this sentiment index saying that if it was in the public domain, then it can't be any good, well I'm not posting it for you.
I'm posting it for those that have expressed their interest in it by PM to me. It works for me. Just another tool in the toolbox. Rubbish it at your peril because most times it's spot on and sometimes even more accurate than my chart.
SSI: Retail Traders Long Dollars Everywhere Except with GBPUSD and AUDUSD
Monday, 21 September 2009 17:21:34 GMT
Written by John Kicklighter,...Ignored
DislikedI'm not suggesting anything. I'm just saying that when I start to see more traders going long than short (last week they were heavily short all week) then I'm going to be taking a second look at going long unless my chart agrees. Sentiment can change very quickly from one side to the other. With more traders seeming to be going long on the dips now, tomorrow's sentiment might show that there are more traders long than short.Ignored