Stats and chart. Going from January to today... Red lines show when majority are bearish (on a daily view). Blue lines show when majority are bullish (on a daily view) The coloured are gets very choppy with positions and looks very messy. You can ...

Trading against the herd

Yes, I realise it is belittling, but the title is just some fun for me in an adult environment. It is also born out of frustration when I see the same thing time and time again on the GBPUSD thread. When PA is bearish, the buyers come out in force ...

Trading against the herd

See above (my post 18) ^^^

Trading against the herd

"Fooled by randomness". All I know, is the vast majority of the time (based on published live stats from the "trades" section for GBPUSD), when the percentage of longs is above 50%, the pair is bearish. The opposite for when shorts are above 50%. ...

Trading against the herd

Yes I agree. As I mentioned, this is an experiment, one I have been thinking about for a while. If you look back at the data, they are indeed correct at times, but not often. Money management also key.

Trading against the herd

The indicator is usually price action. As soon as it turns bearish off resistance, you can bet the percentage of bulls will go above 50% As it starts to turn bullish off support, the percentage of bears will go above 50%... ...

Trading against the herd

Each person can modify as they please. This is more of an experiment. Over the years I have noticed, and been profoundly shocked at the trading styles of some as shown by the stats. Buying high then holding as it drops, but then (and this is the ...

Trading against the herd

I don't currently trade this way, but yes I am short Cable. Closed out some at 2516, holding the rest. Stats now show 67% long on Cable, (up from 63% earlier in the day), so we could have quite a bit more to drop...

Trading against the herd

ok

Cable Update (GBPUSD)

Anyone can do it, the rules are simple

Trading against the herd

Cable bulls now at 63 percent ...

Cable Update (GBPUSD)

This is all too easy. I'm thinking they will sucker in bears, before sucking in bulls.

Cable Update (GBPUSD)

It's early Friday evening here... School holidays begin... teaching over for 2 weeks... Oh Lord...

Cable Update (GBPUSD)

Last week's $ doji off a monthly cluster support area, is indicative of this week's PA.

Cable Update (GBPUSD)

Holiday sleep in today. Watching this level for the final bearish phase 3 blow... I think it's going to break some hearts

Cable Update (GBPUSD)

Getting ready to Rumble in the Cable Jungle...

Cable Update (GBPUSD)

Because it's been Bear Body Slammed all week

Cable Update (GBPUSD)

I never said anything about being certain of 1.2496 (or 1.2469), I was quoting someone else. With regards to Online addict, Just wait for his predictions then trade the opposite. No joke, he is addicted to his bullish sentiment for about the last 12 ...

Cable Update (GBPUSD)