Forex Trader Positioning Moderates in US Dollar Pairs ahead of Holiday
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
There have been few major shifts in retail crowd positioning on approach to the holidays, but one thing is clear: traders are reducing net-exposure, ever so slightly. This shift in behavior is typical for this time of year, but highlights the necessity of understanding the trading environment that you’re operating in.
Liquidity conditions may be less consistent over the next several days (probably through January 4, 2016), so while it will be important to keep track of shifts in crowd positioning regularly, it will be even more important to review risk management – which is summarized in the recently updated and insightful “Traits of Successful Traders” series.
Why and how do we use the SSI in trading? View our video and download the free indicator here
--- Written by Christopher Vecchio, Currency Strategist
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