Asalam_Alikum Friends Welcome to My YouTube Channel Meerfx In this video we will Discuss Forex Sentiment What is forex sentiment? How to analysis forex sentiment How to use forex sentiment in trading If you skip this video you will miss important information Lets Discuss what is forex sentimentIn simple Words forex sentiment is Market Direction Today market is going in which direction If anyone trader comes to know about market direction then there is 90% chances of winning Market Direction is important Market Direction trade is important Lets start forex sentiment video In Google search box write Forex sentimentAnd click on search First website is Dailyfx sentiment Looks like this Its sometime called IG clients 2nd Website is MyFxBook That looks like this Now discuss the Difference of these websites Myfxbook has all the broker trading records Retail traders record Sometimes its called Retail Sentiment How my traders are in buying and SellingLets talk about IG client Its called Dailyfx and IG Client both These sentiment are same like myfxbook but... Dailyfx sentiment are baised on World's analysis World's best analysis results are present there Hope so you got difference How to trade them?? 95% traders are in loss 95% retail traders are in loss95% traders are losing and we will trade against them We will trade against majority traders If traders are in Buying we will sell and vice versa We will not trade with 95% trader we will follow 5% traders Like Smart money traders Forex Example take Eurusd pairs Short 21% and long 79%Shorts means sellers and Long means Buyer Retail traders are buying EURUSD we will sell it How to conform this analysis How to Conform your decision baised on sentiment In case of 50% buying and sell we will avoid this We will enter only when Buyer or sellers are in majorityDon't enter in 50 50 market Finding example Don't enter in this situation AUDJPY 48% and 52% so avoid this situation In case of equal buyer and seller we will not enter We only enter when buyers or sell are in majority We will also discuss it on live chart First we will confirmTake EURUSD analysis so majority traders are in buy we will find Sell trade Check IG client analysis about EURUSD Here EURUSD Market is Bearish IG client analysis are Bearish and retail sentiment is Bearish let check it on chart Checking on live chart Chart is loading EURUSD chart is loadingRecording video on weekend so market is off Will check Last Friday market Little wait chart will load completely Market is in complete sell All retail traders are in buy and market is selling IG client sentiment is Bearish and chart is also breaish All days market remains Breaish Lets take an other exampleIn GBPUSD pair majority traders are in Buy and we will take a sell position IG also showing GBPUSD is Breaish Checking gbpusd on chart GBPUSD is in completely Sell on chart Don't trade it without any strategy It doesn't work all time It will improve your entries and combine it with strategyDon't enter Blindly If your stretegy supports same sentiment then trade it There was a supply zone market touches 50% of zone Then market fell from supply zone Lets take another pair AUDJPY Pair Seller and buyers are almost same Checking Dailyfx Analysis of AUDJPY AUDJPY is Mixed Means Market is rangingAvoid Mixed pairs Enteries AUDJPY AUDJPY is completely Ranging so avoid it completely Take Gold Gold is every trader Favorite In Gold Majority of Traders are in Buy so we take a Sell decision In IG client GOLD is Breaish also Lets open Gold chart Opening Gold chart Gold is sellingThis is how we trade forex sentiments I apply it in my trading so I share it with you Last Main point Hold your trades until sentiments are not shifted When sentiment is shifted form sell to buy and buy to sell them exit trade Like video and share it with your friendsTake care of yourself and People Around You Will meet you inshAllah Allah Hafiz
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