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Originally Posted by 20pipsaday
did you see how insanely high the spec longs on AUD are?
absolute record numbers of spec longs like 50% more than previous tops at .8000
so if the market doesnt significantly break .8000 soon all these longs are going to have no choice but to unwind......
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hI 20
Regardigng your above post does that mean that you know how to gauge th volume of longs or shorts on a particular p if so can u pls tell me how give me some details. I would appreciate it ..thanks ......im a short term trader too have traded for a few months now......i too have the same goal ..20 pips a day so if u could share with me some of your strategies the indicators which you use.....i would appreciate it as well.....thanks a lot .....bond