Retail Positioning - The Ultimate Contrarian Indicator

This is the 2nd Aud/Usd trade today with the RPM.

The RPM charts are avail here (http://rpmfx.blogspot.com/2010/03/advanced-live-charts.html).

http://i260.photobucket.com/albums/i...F7CC/image.png

Retail adding at .8600, Watch for stop to be hit below .8580

AudUsd blowing through .8560

I hate to say I told you so, but I told you so! Stop trying to pick the bottom!!! - > I know u retailers are buying!

.8540 Now (http://stocktwits.com/symbol/AUDUSD)

AudUsd .8520

RPM is lower, poor retailers got stopped out...

Bad banks!

Retailers buying 112.60 on chance of break higher, watch for stops to be run at 111.60 for ride down.

Retail playing range, breakout potential to the upside above 1.0550

Will be good trade if RPM continue lower as price rises.

GbpJpy 131.71 stops likely. Ill sell there if RPM stays put or goes up.

Got triggered on GJ, still in, -30 now, RPM shows Retail still in and buying a bit so there is room to downside. SL around 133.08

RPM Charts and Indicator are available here : http://rpmfx.blogspot.com/2010/03/advanced-live-charts.html

See 60 Second trade example video on this page: http://rpmfx.blogspot.com/search/label/Videos

Hey all u retailers out there, be sure to buy $GBPJPY (http://stocktwits.com/symbol/GBPJPY) at 129.90 so that your broker can take u out and fuel my short trade. Ill be watching you with the RPM

Watching the RPM for buyers to stopped out & reversal.

Live charting - hey guys, let me know if something is not working on the website... or if you would like a feature... you never know what you will get unless you ask for it

you can change time frames now between 30m and 4hrs on the RPM charts....

Retailers are adding longs to a downward trend, if RPM goes up Ill be watching 110.70 very closely.

Retail is fighting the trend, usually ends badly

Retail switched from net long to net short at this top, see if it holds... or breaks through

In long on the UsdCad down 40 pips right now, will give it time and room while watching RPM for shift. I did make a mistake by not looking closer at the RPM which very slightly negative -.387 ( which is more flat then anything)

... will look to exit 1/2 at BE, all stops around 1.0630 - I usually wait for a 5 to 15 minute close below a level so I don't get taken out on a stop hunt / liquidity spike.

Anyone else think there should be a live chat on FF on each forum posting, personally I would dig that.

New buyers on EurJpy... any guesses as to where their stops are??? Anyone???

Eh, new buyers are out from that little dip.