mql5

In the meanwhile, don’t expect the market to settle down in the near-term, or really any time soon. What this means is that recent trends are likely to persist; it’s too early to catch the falling knife or attempt to be a hero. One such way to gain an edge is to monitor retail crowd positioning (analogous to commercial hedgers in the futures market), as the crowd has consistently been on the wrong side of these recent big moves. The fact that the retail crowd remains net-short EUR/USD and EUR/JPY is just another reason to maintain a high degree of skepticism towards the Euro in the near-term, beyond the understated political, economic, financial, and geopolitical implications of the historic Brexit vote.

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