USDCHF Signaled at the Wrong Time? Nope!

A Member asked a legitimate question: "On 24 September 2019 at 17:20, USDCHF moved into the strong sell mode. Looking at the candle chart, you will be selling at the end of  the move down. My question is how do you use the sentiment tool to avoid situations like this or how will you have dealt this scenario?" You could have easily made money if you were trading this on the 15M Time Frame, and would have avoided it all together on the 1H Time Frame.  Here is how you'd do it. This is [...]

By |September 26th, 2019|

Sentiment Analysis week of 1 SEP 2019

  Here was the state of Retail Sentiment on 9/1/2019. This was Labor Day weekend in the U.S. and many markets were closed on Monday. As you probably know, it was also NFP week. If you were following previous Sentiment, you would have saw that Retail was Stopped Out based on the sentiment bubble popping - and this was your opportunity to search for Long Entries.   Immediately when I saw, GBPUSD Strong Sell and USDCAD was showing Strong Buy - I posted about it. One user said "Your analysis helped me save some pips [...]

By |September 8th, 2019|