Positioning Close to Bearity
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-19
NZDUSD - 56% of retail traders are long NZDUSD (long to short ratio is 1.26). . Last week, the ratio was at -1.19 as 54% of open positions were shortMoreover, since last week, retail has been aggressively buying NZDUSD (long positions are up by 8.8%). In the past, when retail was long and buying more, the NZDUSD has sold off in the following days. The SSI gives us a STRONG SIGNAL TO SELL NZDUSD.
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