Hi,
I'm new to this forum.
The US Dollar weakened overnight which made most of the retail (mug) crowd poorer.
Retail clients were approximately 65% bullish on the US dollar.
I've recently become interested in a contrarian approach to forex trading.
The basic philosophy is that 95% of retail clients lose there hard-earned and they are wrong more often than not.
The mug punter crowd is currently long the US Dollar so it's likely we will see further declines?
I'm new to this forum.
The US Dollar weakened overnight which made most of the retail (mug) crowd poorer.
Retail clients were approximately 65% bullish on the US dollar.
I've recently become interested in a contrarian approach to forex trading.
The basic philosophy is that 95% of retail clients lose there hard-earned and they are wrong more often than not.
The mug punter crowd is currently long the US Dollar so it's likely we will see further declines?
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