65 % of retail traders short EUR/USD - short squeeze in process...

Discussion in 'Trading' started by ASusilovic, Jul 6, 2011.

  1. Locutus


    Only because the fundamentals of the Euro are not that constructive for major declines.
  2. Lesson No 1:

    Currency Dealing desks in London don´t care about "fundamentals".

  3. bpcnabe


    So what you're saying is that instead of being short at 1.42 while it does a run toward 1.50, you are now long at 1.44 while it is heading south?
  4. JamesL


    You got a ECB rate hike coming tomorrow
  5. lehm


    well. i missed out both of sell offs today and yesterday. now i have to sit still and swear about myself. 1.433 isnt the best place to go long nor short.
  6. emg


    you mean:

    More than 90% is small traders lose. They just lose!!
  7. Tsing Tao

    Tsing Tao

    I am short euro - just not against the dollar. The Euro is a doomed currency, but the fundamentals don't support large declines against the dollar - especially with the Chinese buying three times a day.

    Better to short it against Asian currencies right now, or even eastern European ones.
  8. During any trend longer than 150 pips, you can be fully sure, that 95% of retail traders hold losing trades in the opposite direction.

    I've worked for a small FX broker, out of 550 total accounts it was ALWAYS,
    i repeat
    ALWAYS the case.

    there are two things infinite in the universe....
    #10     Jul 6, 2011