Hello,

I have started this thread to discuss ideas about trading market sentiment.

The theory behind it goes something like that: The'big money' moves the markets. The'big money' needs others to choose another side of it's trades. The market will therefore do whatever is required to fool the majority of retail FX (among others) into accepting the other side of the big money's trades. You can read about my theory : http://www.myforexdot.org.uk/whyretailforexiswrong.html

I exited a long position based on opinion at the end of a week after going long on the EUR/USD above a month ago, yet another poster on forum called'Mr. D' also followed the trend up and made 600 pips. The trading thread is here https://www.cliqforex.com/general-fo...day-trade.html at which you can follow our journals.

Anyway, according to OandA retail opinion is definately extended EUR/USD http://fxtrade.oanda.com/analysis/open-position-ratios

Trade is short EUR/USD @ 1.3809