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Originally Posted by Tragapips
YouŽre on the way of the 5%. I donŽt use FXCM charts I use OandaŽs
Did you notice yesterday in eur and cable and correlated currencies everybody and their mamas were long......?
Trade against the crowd and youŽll be happy man. Notice I didnŽt say trade against the price. You have to trade against the sentiment and then youŽll see youŽll be always with the trend....
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Shhhh..!! That is suppose to be a secret..!! lol...
The sad part is, if brokers "really" off-set positions the way that they are suppose to, then only part of "the crowd" could get filled and lower the 95% losing average... Could you imagine if bucket shops could do the same thing with equites..!? haha.... Gotta love forex...