View individual currency sections:
SPX500 - SPX500 Headed for Fresh Highs
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
An important turn in forex market trading conditions and similarly significant shift in retail trader sentiment leaves us in favor of short-term US Dollar weakness. How might we play it?
Past performance is not indicative of future results, but our retail sentiment-based Momentum2/”Tidal Shift” system has done especially well trading the British Pound/US Dollar pair through recent system in particular.
Said strategy is currently short GBPUSD from $1.5100 and has broadly bought into US Dollar strength. Yet it most recently went long AUDUSD from $0.9136, and indeed its next move is likely going short US Dollars across the board.
Read full currency pair-by-currency pair rundowns in the links above, and follow future updates on retail sentiment and our trading strategies via my e-mail distribution list.
Automate our SSI-based trading strategies via Mirror Trader free of charge
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at https://www.twitter.com/DRodriguezFX
Facebook at http://www.Facebook.com/DRodriguezFX