Re: Forex Client Sentiment

14
Krunal Gajjar wrote: Thu Oct 13, 2022 5:27 pm Find something useful.
Don/t know how it goes.
takes few minutes to appear on chart.
How to Trade with the Forex Sentiment Indicator Profitably:

Possible BUY trades:

Power of buyers 60% = light dominance of buyers
Power of buyers 70% = clear dominance of buyers
Power of buyers 80% = most of the market participants are buyers
Power of buyers 90% or more = strong dominance of buyers, almost no sellers in the market

Possible SELL trades:

Power of sellers 60% = light dominance of sellers
Power of sellers 70% = clear dominance of sellers
Power of sellers 80% = most of the market participants are sellers
Power of sellers 90% or more = strong dominance of sellers, almost no buyers in the market

https://www.fxtradingrevolution.com/for ... -indicator
These users thanked the author Krunal Gajjar for the post:
Chickenspicy

Re: Forex Client Sentiment

15
Update client (retail trader) sentiment, please remember this is contrarian, if it is showing more buyers then look for sells and more sellers look for buys. Last I checked data shows %70 to %80 of retail traders unsuccessful in Forex. Supposedly with this you are trading with the "big guys" who are looking to take out stops of opposing trades, so be aware of some large swings against their prevailing trend but once they are done "stop hunting" price seems to move quickly in the direction they choose.
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These users thanked the author mrtools for the post (total 5):
Chickenspicy, Jedidiah, Jimmy, DaveTrader, Wole


Re: Forex Client Sentiment

18
mrtools wrote: Mon Oct 24, 2022 10:21 am New week sentiment.
Good to know! Thanks for the heads up Mrtools ✊
These users thanked the author Jimmy for the post:
Jedidiah
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