Trading F.F. Sentiment of traders & outlooks

I see the new sentiment of traders on FF
I think we can use it to trade

1. Where 80% to 95% of traders lose
a. It is fair to say most traders are wronge.
2. We can use this.
a. The strongest Sentimentis on the f.f. is for the eur/usd.
b. So it gives the strongest sign.
c. FF is clearly bear on this pair.
3. Where I trade this pair the most and so do not want to tie this pair up
a. I will trade its opp. the usd/chf which is almost its mirror.
a. So most people are bear on the eur/usd, so we will be bull on this pair.
b. So we will be bear on the usd/chf.

6.We will trade only as a bear
A. The system set up
a. 50 ema for short term trend 50ema must me down or flat
b. Pip room the price must come from over or very near the 50ema
c. Sell sign (we will only be selling) will just be a simple Macd cross down .

B. Stop loss the last Swing high
a. We will let the market take us out either way.



TEB

teb is this experiment or you already developed/tested this brother?

u still doing 200% fib thing?

The possible trade looks better on the eur/usd
(Remember we are really trading this pair.)



teb

ps:I am just testing this
I might well be wrong

noticed your broker in the above chart is FIGfx.
what is its timezone (in GMT, if known)?
Thanks!

USD/CHF is not the mirror it was a few months back. The negative correlation has broken down noticeably on more than a couple occasions,

ok I understand

but the common view is they must move back together.

The euro and chf have to come back in to line.
reasons
1. The greek thing is over
2.The swiss cannot keep spending to keep their policy in place forever.
(they didn't want to be seen as a "safe" pair as it was killing their exports.... they were leading the eur .. they are now behind the eur)
3. The eur is the big dog so the chf will have to run farther which would be good for us.

but I could easily be wrong..


teb

alot of the people who post their sentiment are really good traders

sometimes i post my sentiment

so not only theres a big chance you might actually fail because those traders get it right alot of times and end up winning, its insulting to your fellow traders in forex factory.

i wont stop you
you should do the opposite of what i do and tell me how it goes

I think what it will prove is how many good traders there are in fact on ff right ? (lol just having fun)

teb