LIBOR rates are not a more accurate gauge than 10yr Treasury Note futures. They are very different because they have different risks and maturities. Yet, they are both useful. Lower interest rates makes holding the U.S. dollar less attractive to foreign investors and the lower level of demand places downward pressure on the value of the U.S. dollar.

thanks mr souza.

as i understand it the SSI is not an indicator lke the MACD. its a report.
the example is useful, but seems to be useful to long term traders with dep pockets and wide stop losses.

it would of course be useful to know if one were in a bull market or not but the 62 and 78 sma are a reliable indicator of short term trend. am i right?

thanks

hypnos63

EURUSD - The ratio of long to short positions in the EURUSD stands at -1.19 as nearly 54% of traders are short. Yesterday, the ratio was at -1.24 as 55% of open positions were short. In detail, long positions are 3.1% higher than yesterday and 3.8% stronger since last week. Short positions are 0.3% lower than yesterday and 24.0% weaker since last week. Open interest is 1.2% stronger than yesterday and 11.8% below 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 1.14 as nearly 53% of traders are long. Yesterday, the ratio was at 1.64 as 62% of open positions were long. In detail, long positions are 12.0% lower than yesterday and 13.4% weaker since last week. Short positions are 26.6% higher than yesterday and 18.6% stronger since last week. Open interest is 2.6% stronger than yesterday and 7.2% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.

USDJPY - The ratio of long to short positions in the USDJPY stands at 2.02 as nearly 67% of traders are long. Yesterday, the ratio was at 1.90 as 66% of open positions were long. In detail, long positions are 2.8% higher than yesterday and 24.3% stronger since last week. Short positions are 3.0% lower than yesterday and 30.3% weaker since last week. Open interest is 0.8% stronger than yesterday and 2.6% 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 1.38 as nearly 58% of traders are long. Yesterday, the ratio was at 1.56 as 61% of open positions were long. In detail, long positions are 3.7% lower than yesterday and 15.7% stronger since last week. Short positions are 8.7% higher than yesterday and 16.2% weaker since last week. Open interest is 1.1% stronger than yesterday and 5.6% below 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 1.98 as nearly 66% of traders are long. Yesterday, the ratio was at 2.08 as 68% of open positions were long. In detail, long positions are 0.7% higher than yesterday and 5.9% weaker since last week. Short positions are 5.5% higher than yesterday and 3.4% stronger since last week. Open interest is 2.2% stronger than yesterday and 4.0% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.38 as nearly 58% of traders are long. Yesterday, the ratio was at 1.40 as 58% of open positions were long. In detail, long positions are 2.5% lower than yesterday and 11.0% weaker since last week. Short positions are 0.9% lower than yesterday and 4.7% stronger since last week. Open interest is 1.8% weaker than yesterday and 7.0% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses.

NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.42 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 9.9% lower than yesterday and 19.7% weaker since last week. Short positions are 13.3% higher than yesterday and 0.9% weaker since last week. Open interest is 2.4% stronger than yesterday and 15.9% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.


Source: FXCM Execution Desk, Sample Size: 25000 Traders

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.

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...353412325.html

Has anyone seen the COT report by Jamie this week? I love to use the SSI to confirm the COT's direction during the week. Thanks.

-thomask

On the 16th David wrote an excellent article on using the implied vols as a gauge for probable trend or breakout vs. rangy markets. Is this something you could reproduce regularly along with or along the same lines of the SSI which I think is awesome? Thanks.

-thomask

It is something that we publish every week Thomas K. Its on the Bottom of DailyFX.com, under Weekly Range Breakout Barometer. David has been a bit swamped, but it should be out tomorrow.

Could someone post the link to David's article, please? I would be interested in reading it.

Sorry about the delay. The article can be found here:

http://www.dailyfx.com/story/strateg...275235564.html


We're thinking about making some changes to make this report much more trading-oriented. User comments and feedback is definitely welcome, and you can post questions about the report right here on the forum.

For feedback e-mail me at drodriguez_at_dailyfx.com

Thanks very much, David. This seems like it could be a crucial tool, much like and complimentive of the SSI. I wish I'd discovered it earlier. Being able to put the "mechanics" of the market into perspective really gives me confidence and insight into calling my directional bias vis-a-vis the chart technicals. It's like having a flashlight in a tunnel. I look forward to discussing it further as I gain confidence interpreting it. Thanks again.

-thomask

i appreciated your article very much,and i do hope we can have a talk with it

Jamie:

I have two questions regarding COT

Look here in the Currency Rooms:

http://www.dailyfx.com/story/currenc...860022457.html

1. Is the Bullish signal given there to be applied to the Euro/USD pair?

2. I understand that the COT report is released on Tuesday and you
enter it in the currency rooms on Friday. Will yesterday's COT report
be entered in the currency rooms Friday coming?

Thank you.


.

Trader Sentiment and Positioning - R.I.P.

Hi,

I've searched everywhere a formula to calculate your "percentile" but found nothing. Could you please detail the way you calculate your 52 weeks and 13 weeks percentiles ?

Thanks

looks like this thread is as empty as the information in it

John R, John K, Terri, et all.... the error I found before in the SSI has returned... I saw similar error in Euro; dont trade so I didnt review other pairs.


SSI: Kiwi Shorts Jump 19.6% From Yesterday

Wednesday, 09 April 2008 09:03:37 GMT
Written by John Rivera, Currency Analyst



GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.12 as nearly 53% of traders are short. Yesterday, the ratio was at -1.41 as 58% of open positions were short. In detail, long positions are 30.3% higher than yesterday and 4.1% weaker since last week. Short positions are 3.7% higher than yesterday and 1.2% weaker since last week. Open interest is 14.7% stronger than yesterday and 4.4% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.


<<So today it's -1.12 and yesterday it was -1.41... wait Tuesday it said yesterday (Monday it was -1.41) and Tuesday it said -1.08 with headline of almost a flip???? >>


SSI: GBPUSD Closes In On Another Flip As Spot Drops Below 1.97

Tuesday, 08 April 2008 16:59:46 GMT
Written by John Kicklighter, Currency Analyst



GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.08 as nearly 52% of traders are short. Yesterday, the ratio was at -1.41 as 58% of open positions were short. In detail, long positions are 27.7% higher than yesterday and 6.0% weaker since last week. Short positions are 1.9% lower than yesterday and 6.5% weaker since last week. Open interest is 10.4% stronger than yesterday and 0.6% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.



Euchre