Hello traders, Using data from Myfxbook we’ve created a Market Sentiment Indicator or Community Outlook as named by Myfxbook. Data shows what percentage of the traders hold long positions on a currency pair and what percentage of the traders hold short positions. Some more additional data is provided: long and short volume, total number of
In this post we will try to briefly explain the term correlation and how it can be used in Forex trading. Generally correlation refers to a statistical relationship between two variables. In Forex it is a measure of how two currency pairs move in relation to each other. Correlation is useful because it can indicate
Hi all, Welcome to our new website. Thanks for being with us during the past years. Now we start a new blog where we will post interesting articles about trading strategies, automated trading, analysis, tools, etc. We plan to develop and release some useful products for free. You will just need to sign up for