Speculative Sentiment Index
To Buy Or Not To Buy: That Is The Question.
Unlike major equities or futures markets, there is no single centralized exchange for forex trading. Such decentralized activity makes it impossible to find uniform volume or open interest. In layman’s terms: How do you find the ratio of buyers and sellers in the spot forex market? The information is critically important and can help a trader determine if it is better to be a buyer or seller.
The DailyFX PLUS Speculative Sentiment Index (SSI) fills the gap by offering access to FXCM’s proprietary volume and positioning information, giving an unparalleled view of forex market sentiment. See example below. For up to date SSI data, log into DailyFX PLUS.
The SSI data includes:
The DailyFX PLUS Speculative Sentiment Index (SSI) is an excellent tool to gauge trader positioning and sentiment in the forex market, and it can help you decide which side of the trade to be on.
Market Commentary: Any opinions, news, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.