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SWFX Sentiment Index

By jaguar1637 2525 days ago

Very important  information reachable at : http://www.dukascopy.com/swiss/english/marketwatch/sentiment/


Example: the SWFX Sentiment index can become an additional confirmation filter and thus approve or disapprove of trading signals from any intraday strategies like MACD divergence or MA crossovers. If the strategy gives a BUY signal on EURUSD and the sentiment indicators for EURUSD and EUR are overbought, the trader should avoid entering into position. If the strategy gives a SELL signal on GBPUSD and the sentiment indicator for GBPUSD and GBP are overbought or at least neutral, the probability of a successful trade is increased.