Contrarian US Dollar Sentiment - Aussie Stock Forums

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  1. #1

    Default Contrarian US Dollar Sentiment


    I'm new to this forum.
    The US Dollar weakened overnight which made most of the retail (mug) crowd poorer.
    Retail clients were approximately 65% bullish on the US dollar.
    I've recently become interested in a contrarian approach to forex trading.
    The basic philosophy is that 95% of retail clients lose there hard-earned and they are wrong more often than not.
    The mug punter crowd is currently long the US Dollar so it's likely we will see further declines?

  2. #2

    Default Re: Contrarian US Dollar Sentiment

    Looks like the retail crowd got it wrong again as we see further declines in the US Dollar as i speak.
    Currently, retail fx punters are approximately 65% long the US Dollar.

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