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How can a forex sentiment meter be used in a trading strateg

by geliebte » Sun Oct 22, 2023 7:18 am

How can a forex sentiment meter be used in a trading strategy?
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Re: How can a forex sentiment meter be used in a trading str

by quentin » Sun Oct 22, 2023 2:52 pm

Traders can incorporate a forex sentiment meter into their strategies by using it as a confirming or contrarian indicator. For example, if the meter shows extreme bullish sentiment and the price is in an uptrend, it may indicate a strong trend continuation. Conversely, if sentiment is overly bearish and the price is declining, it could signal a potential reversal.
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