Hello,
Sites like OandA, DailyFX and FXOnline Japan show the number of traders long and the number of traders short. You can look at OandA and FXOnline Japan's order books here OandA Open Positions Ratio and here FXOnline Japan's Ratio Personally I much prefer to use OandA.
Here's an article on why retail traders are usually wrong.
What do you guys think of this? Why do you think retail traders are usually wrong? Do you even think they are usually wrong?
Right now (according to OandA) about 60% of retail traders are short on the EUR/USD currency pair and the pair is at around 1.3930 so I'm betting on a breakout one the upside.
Sites like OandA, DailyFX and FXOnline Japan show the number of traders long and the number of traders short. You can look at OandA and FXOnline Japan's order books here OandA Open Positions Ratio and here FXOnline Japan's Ratio Personally I much prefer to use OandA.
Here's an article on why retail traders are usually wrong.
What do you guys think of this? Why do you think retail traders are usually wrong? Do you even think they are usually wrong?
Right now (according to OandA) about 60% of retail traders are short on the EUR/USD currency pair and the pair is at around 1.3930 so I'm betting on a breakout one the upside.
