The key with this report is to look for extremes and for commercial selling as speculators over buy. When they hold opposite extremes you know the commercials will normally come out on top.
Check the Sentiment Check the Charts For Entry
It's important to keep in mind that the above sentiment tools are not for market timing, or entering your trading signal - that comes from the reality of chart movement but they warn you of big breaks and reversals.
In recent articles I used this to hit two big trades short - two in the euro and one in the Canadian dollar, for nearly 2,000 pips profit and you can check them out.
Could you do this?
Of course you can - it just means looking at the sentiment and then hitting your trading signal when the forex price you are looking at sees weakening momentum on a forex chart.
Incorporate sentiment in your forex trading strategy and you can give your forex trading a new profitable weapon, to anticipate forex price movement and enjoy long term currency trading success.
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