Forex Sentiment Analysis

Posted by: | Posted on 12:45:00 AM | Post Categories

Every trader has his own opinion or explanation as to why the market is moving in this way. What I, you or Pips hunter market feels about and is not positioned accordingly, helps to create new market sentiment later on. All traders are reflected in the trade market.

So if you alone feel nothing about a trade that the market will go that way, you can never move the market in your favor. Even if you are convinced that the dollar will rise, but if everyone is in a bearish (sell) mood, there is nothing you can do.

It's up to you how you understand market sentiment, whether it's bullish or bearish. This will be discussed later. It is up to you to decide whether to incorporate market sentiment into your trading strategy.

If you want to ignore market sentiment, you can. But it will only bring you lose.



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