EoWA 16 FEB 20

Sentiment Using USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is currently in the Strong Buy zone for the most part, but the concern is that pairs have shifted across the Y axis to the SELL side. Keep in mind, this is a weak sell signal for the Dollar Index. GBPUSD is the leader in being a BUY against the dollar (as you can see above the dollar is weaker compared to GBP) DXY The USD is still showing strong signs of momentum to the ...

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EoWA 19 JAN 20

Sentiment Using USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is spreading out compared to last week. The majority of the pairs are on the left side of the Y axis, but above the X axis - which signifies a weak buy. DXY USD is currently in a downtrend. Look for Selling Opportunities until the LITS is broken strongly with an IM. EURUSD Until EURUSD crosses the LITS, we must have an upward bias. Look for Buying Opportunities with Sentiment Shifts or Retail Overloading Short. ...

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EoWA 12 JAN 20

SentimentUsing USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is spreading out compared to last week. The majority of the pairs are on the left side of the Y axis, but above the X axis - which signifies a weak buy.DXYUSD is currently in a downtrend. Look for Selling Opportunities until the LITS is broken strongly with an IM.EURUSDUntil EURUSD crosses the LITS, we must have an upward bias. Look for Buying Opportunities with Sentiment Shifts or Retail Overloading Short.USDJPYUJ was a very profitable play for the SentiFX ...

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2020 First Analysis of the New Year

Happy New Year Traders! Let's make 2020 the BEST Trading Year!!Before we begin, I just want to thank you for being part of the SentiFX community. There are some big plans for 2020.We're going to develop some Trading Drills to help you hone your Analysis Skills in all areas of the SentiFX Methodology.We're also going to develop indicators for the MT4 platform that allow you to see Sentiment in various perspectives directly on your charts.We will continue to develop the Sentiment Analysis Suite of Tools and we expect to complete the Market Structure Deep Dive Course and much more! Of course, ...

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Sentiment Trading – Quantitative Proof – Part 1

Does Retail Sentiment Data have any predictive power for future price movements? If so, what does it help you predict? Is Sentiment a contrarian indicator or does price more often follow the direction that retail predicted? How reliable are those predictions? Most important of all, is there any money to be made from using Retail Sentiment to influence your trading decisions? These are the questions to which I want to find answers in this series of blog posts. I am going to put them under the microscope, in a purely data-driven way, and see whether the hypotheses can be confirmed or ...

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