Article: Forex: Gauging Forex Market Sentiment With Open Interest

Hello,

Well I’ve not posted any of my ‘golden nugget’ articles for a while now (been busy and frankly nothing ‘of not’ has crossed my desk for a while) but here’s one:

Forex: Gauging Forex Market Sentiment With Open Interest

So far as I can tell (for all you FOREX traders): the article dispels the myth that the volume indicator on your trading platform actually MEANS something and it sure looks like this is as close to genuine volume and momentum readings as you’re going to get.

Unfortuanately: the examples given use ‘paid for’ data subscriptions (I don’t know of a broker that supplies this kind of data free of charge as a part of their platform do is anybody DOES know of one then feel free to post details here).

Regards,

Dale.