Antonio/David/Jamie/Terri do you know???


Euchre

Really appreciate the service you guys provide with the SSI updates although the timing of the updates has been a bit inconsistent recently. Am wondering if it is possible to look into having some sort of automated update feature in dailyfx+ so that the updates come out predictably say 9am and 5pm GMT each day?

Currency pair Quote Ratio L/S % Long Signal
EURUSD 1.41263 -2.35 30% Bullish
GBPUSD 2.01442 1.04 51% Bearish
USDJPY 115.511 1.41 59% Bearish
USDCHF 1.17003 2.60 72% Bearish
USDCAD 1.00476 4.85 83% Bearish

Source: FXCM Dealing Desk

For historical data and charts based on the SSI please visit http://www.dailyfx.com/story/strateg...299642258.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

Thanks for your question. At FXCM, we always try to provide our clients with the best service but sometimes technical issues make that more difficult. We look into more than 25000 positions to measure the SSI and sometimes issues with the database could delay us in sending the SSI. In any case, we will keep your concern in mind. Thanks.

FXCM SSI: USDCAD Extreme Stretched As Pair Returns To Parity
Thursday, 27 September 2007 10:07:07 GMT
Written by John Kicklighter, Currency Analyst

<<Comments by Euchre >>

EURUSD - The ratio of long to short positions in the EURUSD stands at -2.60 as nearly 72% of traders are short. Yesterday, the ratio was at -2.36 as 70% of open positions were short. In detail, long positions are 8.1% lower than yesterday and 17.8% stronger since last week. Short positions are 1.2% higher than yesterday and 6.1% stronger since last week. Open interest is 1.6% weaker than yesterday and 12.8% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

<<-2.6 Short on the headline is euro bullish. Longs not feeling it in the ST down 8% however more are jumping on the trend train up 18%. Shorts neglible 1% however there are some still trying to sell the top 6% higher.
Calling for more euro gains. Cant argue with the trend, Euro higher though intraday has to work off negative div. I am showing. >>


GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.01 as nearly 50% of traders are short. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In detail, long positions are 14.4% higher than yesterday and 8.5% stronger since last week. Short positions are 2.1% higher than yesterday and 5.8% stronger since last week. Open interest is 7.9% stronger than yesterday and 8.4% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

<<Longs piling in since yesterday (I'll call that the Jamie effect ) 14% bump and 8% strong those feeling more confident in pound strength. Shorts however are not giving in 2% higher and 6% since last week. This bias is a tough call as both camps have increased exposure. Chart calls higher on daily but not a clear rocket. 2.0366 is huge of course as is 2.0261 2.0213 close > than calls for 366. >>


USDJPY - The ratio of long to short positions in the USDJPY stands at 1.38 as nearly 58% of traders are long. Yesterday, the ratio was at 1.47 as 60% of open positions were long. In detail, long positions are 7.8% higher than yesterday and 16.5% stronger since last week. Short positions are 15.0% higher than yesterday and 68.0% stronger since last week. Open interest is 10.7% stronger than yesterday and 25.5% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

<<Longs 8% higher and 16% since last week, are feeling confident in correction higher. Shorts piling on saying "carry over, $ weak, it's yenny time, spread narrowing, risk adverse, whatever". 15% higher and a whopping 68% since last week. Wow both sides are "right" increasing exposure. Where is the bias, chart daily trying to correct higher, higher up on the charts doesn't look so strong. My call.... call it in the air >>

Euchre

Disclaimer Trading Currencies involves risk. Any opinion, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice.

Currency pair Quote Ratio L/S % Long Signal
EURUSD 1.41753 -2.75 27% Bullish
GBPUSD 2.02502 -1.11 47% Bullish
USDJPY 115.377 1.34 57% Bearish
USDCHF 1.17012 2.36 70% Bearish
USDCAD 1.00046 5.50 85% Bearish

The ratio of long to short positions in the EURUSD stands at -2.75 as nearly 73% of traders are short. Yesterday, the ratio was at -2.36 as 70% of open positions were short. In detail, long positions are 11.4% lower than yesterday and 13.6% stronger since last week. Short positions are 3.3% higher than yesterday and 8.2% stronger since last week. Open interest is 1.1% weaker than yesterday and 13.3% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.


Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

Hello. I read the SSI signals (bullish or bearish) as the prevailing tendency. Combining that with a couple of technicals (moving averages) with a filter (like momentum), I trade only the signals that follow the direccion showed by the SSI. At least in a demo account the results are positive (i look at a 1 hour chart for 60 pips in EURUSD) but It would be better if I can realize when the price its going to rally or when it going to consolidate in a range of 60 pips more or less. Is there any technical indicator in the sentiment reading that could provide me that? For example, there are technicals studies in the volume of stock indexes that help to trade in currency pairs correlated with those stock indexes, in a risk aversion context. Thanks.

EURUSD - 72% of retail traders are short EURUSD (long to short ratio is -2.54). Moreover, since last week, retail has been aggressively selling EURUSD (short positions are up by 4.3%). In the past, when retail was short and selling more, the EURUSD has rallied in the following days. The SSI gives us a STRONG SIGNAL TO BUY EURUSD.

GBPUSD - 55% of retail traders are short GBPUSD (long to short ratio is -1.20). Moreover, since last week, retail has been aggressively selling GBPUSD (short positions are up by 11.1%). In the past, when retail was short and selling more, the GBPUSD has rallied in the following days. The SSI gives us a STRONG SIGNAL TO BUY GBPUSD.

USDJPY - 58% of retail traders are long USDJPY (long to short ratio is 1.39). Moreover, since last week, retail has been aggressively buying USDJPY (long positions are up by 16.0%). In the past, when retail was long and buying more, the USDJPY has sold off in the following days. The SSI gives us a STRONG SIGNAL TO SELL USDJPY.

USDCHF - 70% of retail traders are long USDCHF (long to short ratio is 2.37). Moreover, since last week, retail has been aggressively buying USDCHF (long positions are up by 15.5%). In the past, when retail was long and buying more, the USDCHF has sold off in the following days. The SSI gives us a STRONG SIGNAL TO SELL USDCHF.

USDCAD - 85% of retail traders are long USDCAD (long to short ratio is 5.75). Moreover, since last week, retail has been aggressively buying USDCAD (long positions are up by 0.2%). In the past, when retail was long and buying more, the USDCAD has sold off in the following days. The SSI gives us a STRONG SIGNAL TO SELL USDCAD.

Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

EURUSD 1.41989 -3.36 23% Bullish
GBPUSD 2.03659 -1.44 41% Bullish
USDJPY 115.089 1.53 61% Bearish
USDCHF 1.16930 2.53 72% Bearish
USDCAD 0.99486 6.47 87% Bearish

EURUSD - The ratio of long to short positions in the EURUSD stands at -3.30 as nearly 77% of traders are short. Yesterday, the ratio was at -2.54 as 72% of open positions were short. In detail, long positions are 21.0% lower than yesterday and 11.3% weaker since last week. Short positions are 2.6% higher than yesterday and 6.9% stronger since last week. Open interest is 4.1% weaker than yesterday and 8.0% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.45 as nearly 59% of traders are short. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In detail, long positions are 17.2% lower than yesterday and 21.4% weaker since last week. Short positions are 6.0% higher than yesterday and 9.8% stronger since last week. Open interest is 4.9% weaker than yesterday and 18.9% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.53 as nearly 60% of traders are long. Yesterday, the ratio was at 1.47 as 60% of open positions were long. In detail, long positions are 8.0% higher than yesterday and 16.7% stronger since last week. Short positions are 3.9% higher than yesterday and 51.8% stronger since last week. Open interest is 6.3% stronger than yesterday and 20.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 2.52 as nearly 72% of traders are long. Yesterday, the ratio was at 2.59 as 72% of open positions were long. In detail, long positions are 1.4% lower than yesterday and 15.6% stronger since last week. Short positions are 1.1% higher than yesterday and 28.4% stronger since last week. Open interest is 0.7% weaker than yesterday and 7.8% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 6.41 as nearly 87% of traders are long. Yesterday, the ratio was at 5.84 as 85% of open positions were long. In detail, long positions are 7.2% higher than yesterday and 7.8% stronger since last week. Short positions are 2.3% lower than yesterday and 15.1% weaker since last week. Open interest is 5.8% stronger than yesterday and 8.9% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.


Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

Hi there. Combining the FXCM SSI with your own technical indicators is a very good idea. Keep us updated with your Net Profit, Max Intraday Drawdown, # of trades and currency pairs you think work the best with your setups. Thanks, Antonio

[quote=Antonio Sousa;136676]EURUSD 1.41989 -3.36 23% Bullish
GBPUSD 2.03659 -1.44 41% Bullish
USDJPY 115.089 1.53 61% Bearish
USDCHF 1.16930 2.53 72% Bearish
USDCAD 0.99486 6.47 87% Bearish

EURUSD - The ratio of long to short positions in the EURUSD stands at -3.30 as nearly 77% of traders are short. Yesterday, the ratio was at -2.54 as 72% of open positions were short. In detail, long positions are 21.0% lower than yesterday and 11.3% weaker since last week. Short positions are 2.6% higher than yesterday and 6.9% stronger since last week. Open interest is 4.1% weaker than yesterday and 8.0% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

<< not over yet buy euro's. If anyone is reading my missive's you know how I interrpret them, similar to the headline but sometimes a difference arises. Also turns are easier to spot.>>

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.45 as nearly 59% of traders are short. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In detail, long positions are 17.2% lower than yesterday and 21.4% weaker since last week. Short positions are 6.0% higher than yesterday and 9.8% stronger since last week. Open interest is 4.9% weaker than yesterday and 18.9% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

<< Cable get long the pound or stay long . Technically breach of 2.0366 opens door for 2.0440.>>

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.53 as nearly 60% of traders are long. Yesterday, the ratio was at 1.47 as 60% of open positions were long. In detail, long positions are 8.0% higher than yesterday and 16.7% stronger since last week. Short positions are 3.9% higher than yesterday and 51.8% stronger since last week. Open interest is 6.3% stronger than yesterday and 20.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

<< mixed bag, again "call it in the air" >>


Euchre

Disclaimer Trading Currencies involves risk. Any opinion, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice.

Ok on a side note who else is ready to just throw something at their TV when Davey Jones sings for Gorilla trade?

quote ratio %long signal
EURUSD 1.42456 -2.77 27% Bullish
GBPUSD 2.04164 -1.68 37% Bullish
USDJPY 115.595 1.54 61% Bearish
USDCHF 1.16697 2.61 72% Bearish
USDCAD 0.99292 5.80 85% Bearish


EURUSD - The ratio of long to short positions in the EURUSD stands at -2.59 as nearly 72% of traders are short. Yesterday, the ratio was at -3.53 as 78% of open positions were short. In detail, long positions are 30.2% higher than yesterday and 15.4% stronger since last week. Short positions are 4.3% lower than yesterday and 3.4% stronger since last week. Open interest is 3.3% stronger than yesterday and 11.5% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.46 as nearly 59% of traders are short. Yesterday, the ratio was at -1.74 as 64% of open positions were short. In detail, long positions are 15.7% higher than yesterday and 7.2% stronger since last week. Short positions are 2.9% lower than yesterday and 21.8% stronger since last week. Open interest is 3.9% stronger than yesterday and 12.0% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.41 as nearly 59% of traders are long. Yesterday, the ratio was at 1.73 as 63% of open positions were long. In detail, long positions are 7.7% lower than yesterday and 9.4% stronger since last week. Short positions are 12.9% higher than yesterday and 48.9% stronger since last week. Open interest is 0.1% weaker than yesterday and 17.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 2.57 as nearly 72% of traders are long. Yesterday, the ratio was at 2.83 as 74% of open positions were long. In detail, long positions are 1.4% higher than yesterday and 26.3% stronger since last week. Short positions are 12.0% higher than yesterday and 21.2% stronger since last week. Open interest is 4.2% stronger than yesterday and 11.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 5.78 as nearly 85% of traders are long. Yesterday, the ratio was at 6.83 as 87% of open positions were long. In detail, long positions are 1.7% higher than yesterday and 7.2% stronger since last week. Short positions are 20.0% higher than yesterday and 11.1% weaker since last week. Open interest is 4.0% stronger than yesterday and 8.6% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

Thank you Antonio.

EURUSD - The ratio of long to short positions in the EURUSD stands at -2.18 as nearly 69% of traders are short. Yesterday, the ratio was at -2.52 as 72% of open positions were short. In detail, long positions are 7.2% higher than yesterday and 41.6% stronger since last week. Short positions are 7.4% lower than yesterday and 11.4% weaker since last week. Open interest is 3.3% weaker than yesterday and 7.7% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.37 as nearly 58% of traders are short. Yesterday, the ratio was at -1.74 as 64% of open positions were short. In detail, long positions are 22.4% higher than yesterday and 13.4% stronger since last week. Short positions are 3.8% lower than yesterday and 20.8% stronger since last week. Open interest is 5.8% stronger than yesterday and 10.4% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.40 as nearly 58% of traders are long. Yesterday, the ratio was at 1.73 as 63% of open positions were long. In detail, long positions are 4.0% lower than yesterday and 13.8% stronger since last week. Short positions are 18.5% higher than yesterday and 56.2% stronger since last week. Open interest is 4.2% stronger than yesterday and 22.6% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 2.26 as nearly 69% of traders are long. Yesterday, the ratio was at 2.83 as 74% of open positions were long. In detail, long positions are 2.7% lower than yesterday and 21.2% stronger since last week. Short positions are 22.1% higher than yesterday and 32.2% stronger since last week. Open interest is 3.8% stronger than yesterday and 10.8% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 4.98 as nearly 83% of traders are long. Yesterday, the ratio was at 6.16 as 86% of open positions were long. In detail, long positions are 8.8% lower than yesterday and 1.5% stronger since last week. Short positions are 12.8% higher than yesterday and 2.6% stronger since last week. Open interest is 5.8% weaker than yesterday and 2.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.

EURUSD - The ratio of long to short positions in the EURUSD stands at -2.08 as nearly 68% of traders are short. Yesterday, the ratio was at -2.19 as 69% of open positions were short. In detail, long positions are 6.2% higher than yesterday and 9.0% stronger since last week. Short positions are 1.1% higher than yesterday and 3.9% weaker since last week. Open interest is 2.7% stronger than yesterday and 10.0% above its monthly average.

When retail is short but reduces its exposure, the long term direction remains bullish but the market might have some downside in the short term. The SSI gives us a MEDIUM SIGNAL TO BUY EURUSD.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.25 as nearly 55% of traders are short. Yesterday, the ratio was at -1.74 as 64% of open positions were short. In detail, long positions are 29.6% higher than yesterday and 20.1% stronger since last week. Short positions are 7.4% lower than yesterday and 16.2% stronger since last week. Open interest is 6.1% stronger than yesterday and 10.2% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.19 as nearly 54% of traders are long. Yesterday, the ratio was at 1.73 as 63% of open positions were long. In detail, long positions are 11.0% lower than yesterday and 5.5% stronger since last week. Short positions are 29.5% higher than yesterday and 70.7% stronger since last week. Open interest is 3.8% stronger than yesterday and 22.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 2.09 as nearly 68% of traders are long. Yesterday, the ratio was at 2.83 as 74% of open positions were long. In detail, long positions are 1.1% lower than yesterday and 23.2% stronger since last week. Short positions are 33.9% higher than yesterday and 44.9% stronger since last week. Open interest is 8.0% stronger than yesterday and 15.1% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 5.29 as nearly 84% of traders are long. Yesterday, the ratio was at 4.99 as 83% of open positions were long. In detail, long positions are 3.8% higher than yesterday and 4.9% stronger since last week. Short positions are 2.2% lower than yesterday and 1.1% weaker since last week. Open interest is 2.8% stronger than yesterday and 4.4% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.


Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.