Use market sentiment to indicate bull and bear

Now you can use our market sentiment indicator for Forex pairs and gold, to assess the market's mood in real time.

You can access this bull and bear indicator via our website anytime, to help improve your trading decisions.
How it works
The market sentiment indicator uses widgets that indicate if traders are long or short on a specific market. For example, the following market sentiment board shows 78% of traders are short on EUR/USD and 22% are long.
Market sentiment is also a good contra-indicator
Using a contra-indicator may seem odd, so let's use the same market segment example to help explain it. Now, we know that:
1) 78% of traders that are long on EUR/USD, will eventually have to close their trades by selling
2) the other 22% of traders will also have to close their trades, but they will do it by buying.

This means that in the future there might be 3.45 times more retail supply entering the market, than there is demand. You can use this insight to your advantage, by opening short positions that are based on the indicator's values.

However, please remember that while market sentiment information indicates the Forex market's mood, it does not confirm it. Always limit your trading risks by using this indicator together with your own risk management plan.