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

A

ASusilovic

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http://fxtrade.oanda.com/

=SHORT SQUEEZE IN PROCESS

:)
 
Quote from Locutus:

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

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?
 
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.
 
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....
 
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