I Ivanovich Dec 4, 2007 #82 Read the thread, Mr. Jellylip. Also, check the forums on DailyFX.com - home of the indicator itself.
P Poole Dec 4, 2007 #84 lets all join hands now and pray for USDCAD to go back down to 0.90 I need refills on all my positions i'm almost empty kummmbbaayaaaaaaaaa
lets all join hands now and pray for USDCAD to go back down to 0.90 I need refills on all my positions i'm almost empty kummmbbaayaaaaaaaaa
T Trader KGB Dec 4, 2007 #85 Quote from Ivanovich: Yes, and the SSI showed that USD/CAD was a STRONG SELL right there, too. And where is it now? Don't have to answer. I think I proved how "coincidental" the indicator is. More... I agree. Looking at Oanda's positioning (which presumably reflects a much larger retail base than the SSI), USD/CAD has been 60-80% net long all year. It was no more or less a "sell signal" at .9057 than it was all year, same as the SSI.
Quote from Ivanovich: Yes, and the SSI showed that USD/CAD was a STRONG SELL right there, too. And where is it now? Don't have to answer. I think I proved how "coincidental" the indicator is. More... I agree. Looking at Oanda's positioning (which presumably reflects a much larger retail base than the SSI), USD/CAD has been 60-80% net long all year. It was no more or less a "sell signal" at .9057 than it was all year, same as the SSI.