Jump to content

Traders sentiments


Guest BRIGHTLIGHTFX

Recommended Posts

Guest BRIGHTLIGHTFX
10 hours ago, TrendFollower said:

@BRIGHTLIGHTFX,

You look just like a famous Bollywood actor!

May I ask what you intend to do with the information on IG traders sentiment?

This information could be more meaningful if you knew how many of these traders were successful and profitable on a consistent basis. 

In the example that @elle has kindly provided (above) how would you use such information to make an effective trading decision?

I am just trying to experiment some thing, I have my system this is just to learn some thing new.

Link to comment
  • 9 months later...
12 minutes ago, Trevbeats said:

THanks for the info. I clicked on the link, and it seems to be flashing on  and off?

Hi Trev, you need to be logged in to get the full IG page.

DailyFX has recently updated their web pages so you can see a large selection here,

https://www.dailyfx.com/sentiment

Remember retail sentiment (positioning) is considered a contrarian indicator as opposed to the COT report which looks at professional market positioning.

Link to comment
2 minutes ago, Trevbeats said:

Ok Thanks for that. I must admit im not keen on setiments? Not relible enough.  Whats you take on them CN

I don't look at it routinely but occasionally out of interest. You can be sure that every time the US indices reach the highs the retail crowd will be very short because retail are very good at picking the tops (not).

image.png.dc5d24de5729405615ce2873839678db.png

Link to comment
1 minute ago, Trevbeats said:

Yes corelation is a good guide for this Thank you.

I am just looking at the chart you send me If the usd/chf is 61% short why does it say Bullish?

 

contrarian indicator, if 74% of retail traders lose money and 61% of retail are short usdchf then best go long  🙂

Link to comment
5 minutes ago, Trevbeats said:

So the clients is one thing ie sentiments: but the indicator saying bullish or bearish or even mixed means follow this advice?

yes, if retail are heavy short they are probably wrong so consider going long but it doesn't always work, sometimes retail get it right just as sometimes the professionals in the COT report get it wrong and have to turn and chase the market.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,193
    • Total Posts
      90,728
    • Total Members
      41,302
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    KareemKashkush
    Joined 30/01/23 17:29
  • Posts

    • @MongiIG How long does it take to reply to a simple question?
    • Look Ahead to 31/1/23: Big data from the US, China, Japan; PFE, XOM, AMD earnings Ahead of the Fed meeting and the key US jobs report, investors get set to digest retail sales numbers from Germany and Japan. Plus, look out for consumer-related data from China, France, and the US. Earnings see Pfizer (PFE), Exxon Mobil (XOM) and Advanced Micro Devices (AMD) hand in their Q4 report cards.   Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 30 January 2023        
    • Crude declines make little difference for FTSE oil & gas producers, with the long-term view remaining bullish for energy Source: Bloomberg   Commodities Petroleum Petroleum industry Brent Crude Gas Market trend  Joshua Mahony | Senior Market Analyst, London | Publication date: Monday 30 January 2023  Crude declines see Brent lose 34% Crude oil has suffered substantial losses over the course of the past year, with brent currently trading 34% below the March 2022 peak of $131.51. This decline represents grounds for optimism on the inflation-front, with headline CPI sliding lower across Europe and the US. However, traders continue to wonder whether this move will represent the top for the market or simply a temporary pullback within a long-term uptrend. Key considerations for the bulls include the re-emergence of Chinese economic activity as Covid restrictions are withdrawn, set against the risk of declining demand as recessionary pressures take hold. Looking at the monthly Brent crude chart below, we can see that this current month looks to be closing out in a doji candle, marking a second consecutive month of indecision. Meanwhile, the stochastic oscillator appears to be tightening, signalling the potential for a bullish shift in momentum before too long. With price currently trading around the 76.4% Fibonacci support level, the bulls will hope that the long-term uptrend will soon kick back into play. Source: ProRealTime SPR back down to multi-decade lows Another aspect to consider comes from the US, who have been drawing down their strategic petroleum reserve in a bid to support prices as OPEC restrict output. That decline in reserves can only last so long, with current levels back down to the lowest point since 1983. Recent comments have signalled that the US could move to instead seek to top-up their reserves around the $70 mark. Could a shift from supplier to consumer help tip sentiment back in favour of the bulls? FTSE oil & gas producers outperform One interesting area of outperformance has been the relative strength of oil producing stocks despite this decline in crude prices. Thus far, we have largely seen producers continue their ascent, with the volatility in oil and gas prices doing little to stifle sentiment. However, the chart below highlights how the FTSE 350 oil & gas producers sector essentially provides a more stable play on energy prices, with the stocks largely reflecting the underlying trend without necessarily seeing the same major swings that can occur for crude. The pullback we have seen in Brent (blue line) thus brings the total gains over the past two-years down to the area seen for FTSE 350 producers. For now, the uptrend remains in play for the sector, thus highlighting the belief that this recent pullback in energy prices serves to reflect a reversion back into the mean uptrend. With that in mind, the weakness seen in energy prices, and consolidation in FTSE oil & gas stocks, is deemed a potential precursor to another move higher to continue the long-term uptrend. Source: ProRealTime
×
×
  • Create New...