Thanks for the table, what was the formula you used to calculate it?

How to keep in faith with a statistically profitable system?

Hi there, I don't really think a chart will explain it; because entries and exits are based on a simple formula rather than a pattern if that makes sense. It's purely mechanical. It's probably best explained in pseudo code actually - If ((Open > ...

Trading With Moving Averages

I'm looking to take another short EUR/USD position as OandA's ratio suggest retail traders are now net long, I'll post when I take the trade...

Experiment - Trading Market Sentiment

My 2 cents worth... The Euro won't disappear, to undo it would be too painful. Worse case scenario the fiscally irresponsible countries will be kicked out of it if that's what is needed to save it. I see on your profile that you're an America so I ...

Is the Euro doomed?

I'm currently trying to combine the system with Donchian channels. As a general rule, the smaller the Donchian breakout, the less reliable the signal. For example, a new 30-day high is significant, but not nearly as significant as a new 80-day high. ...

EUR/USD Trading Price Action System

OK, that's the ratio turned again. OandA say 50.76% of retail traders are shortthat's a majority so I'm closing my short position @ 1.3217. A win of 187 pips

Experiment - Trading Market Sentiment

If you're interested I did a test on closing price breakout Donchian Channels on the EUR/USD. There is a huge difference between time frames. On the EUR/USD from the beginning of 2000 to the end of 2009 a ten day breakout entry signal used with a ...

Let's talk Donchian Breakouts

Well, the latest trade is in profit now about around 60 or 70 pips, it's just a shame (for me) that the open positions ratio hadn't turned a few hours sooner. Still, I guess you could say the exact same thing about moving averages... Small retail ...

Experiment - Trading Market Sentiment

Right. most retail traders are now long so I've closed for a 150 pip loss Next trade: Short @ 1.3404

Experiment - Trading Market Sentiment

OK, moved the stop down another 100 pips so the trade's got some room to breath... Hopefully I'll learn something from all of this.

Experiment - Trading Market Sentiment

Stop at 1.3420 as I really think this trade could turn bad

Experiment - Trading Market Sentiment

OK time for another trade as the sentiment is clear, both DailyFX+ and OandA have around 53% of traders short the EUR/USD. Long EUR/USD @ 1.3555 This is really testing my faith in the contrarian approach because I believe the Euro should be falling ...

Experiment - Trading Market Sentiment

I vote that this is wrong and that you are mistaken. The trend exists on many different time frames, and the 'edge' is to be with the long-term underlying trend - the majority of retail traders go against this trend. The market by it's very nature ...

Oanda Open Position Ratios conundrum

The market is now at 1.3650 120 pips or so above where I entered long. But I've just made a mistake and bailed out of the trade This has happened because I didn't take my own advice and sat and watched the market. That's when mistakes happen ...

Experiment - Trading Market Sentiment

I'm looking at the market now, it's dived about 30 pips in a few minutes and the long short ratio has short up to 52.37% of traders short... Lets see what happens... Anyone wanna guess... PS. Gotta stop looking at the market, sitting there ...

Experiment - Trading Market Sentiment

Well that market is at around 1.3650 now so that's my trade about 120 points in profir now, but that could easily change in the next 5 minutes LOL! It just feels so 'wrong' that the EUR/USD should be rising but nevertheless it is. OandA's open ...

Experiment - Trading Market Sentiment

OK, I'm a bit later for today's update but that's a trade on right now - Long EUR/USD @ 1.3530 My intuition is telling me to go short, but OandA (the primary indicator in this experiment) is saying that right now 54.73% of retail traders are short, ...

Experiment - Trading Market Sentiment

Well OandA's open position ratio changed earlier today saying that most retail traders were now net short, at the moment it's 52.31% of traders are short. If this is confirmed by DailyFX's SSI ratio later today I'll go long even though I think it's ...

Experiment - Trading Market Sentiment

Well, it's less likely to be representative of the market as there are a lot less people trading that pair. You really do need a very large sample size or else the sentiment amongst a certain brokers retail clients may not represent general retail ...

Experiment - Trading Market Sentiment