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

+

http://fxtrade.oanda.com/

=SHORT SQUEEZE IN PROCESS

 

Only because the fundamentals of the Euro are not that constructive for major declines.

 

Lesson No 1:

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

 

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?

 

No Euro short squeeze !
EURUSD short @ 1.4483

DOW/SP500/FTSE/DAX still indicate impending retracement.
DOW futs last 12,502

http://stockmarket618.wordpress.com

 

You got a ECB rate hike coming tomorrow

 

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.

 

you mean:

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

 

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.

 

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....