Professional Market Sentiment indicator

To add comments, please log in or register
jseesahai3
290
jseesahai3  

Does anyone know any gool for mearusing maket sentiment?

I have the tool on smart trader from pepperstone, but i would like to know what

the profesionals use, even if it's paid for. (like a blomberg terminal)

Or is there anything else that whould give me an accurate picture as to who's buying what and from where?

As I understand it the professionals bet against retail traders. So would like to know where they get this

information from?


Cheers Jonathan.

Icham Aidibe
11472
Icham Aidibe  
https://www.mql5.com/en/market
A store of MetaTrader 5 trading robots
A store of MetaTrader 5 trading robots
  • www.mql5.com
An official showcase of applications for trading from the terminal
Daniel Stein
53946
Daniel Stein  
jseesahai3:

As I understand it the professionals bet against retail traders.

So would like to know where they get this information from?

That's pretty easy because CFD trading is like betting.

I. e. You "bet" EURUSD" will go up and you like to open a BUY/Long position.
To open your position/bet you need a counterpart which holds the opposite.

This is usually your broker or the liquidity pool if you get direct market access.
That's why the broker and liquidity pool know exactly what the retailers are doing.

To add comments, please log in or register