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What is the Speculative Sentiment Indicator (SSI)?

The Speculative Sentiment Indicator (SSI) is a powerful contrarian indicator that can help you locate trading opportunities by gauging trader positioning and sentiment in the Forex market. If the majority of traders are long, a contrarian indicator bias is short and will favor a position that is opposite to the crowd. The SSI indicator shows whether overall orders are net long or short and by how much positioning is skewed to one side of the market. If there are more orders long than short, the ratio is positive and the bias is to sell. For example, if the EUR/USD SSI Ratio is 2.0, this means that there are 2 orders long for every short. If the number is negative, then there are more short orders than long and the bias is to buy. For example, if the EUR/USD SSI Ratio is -1.5, this means that there are 1.5 orders short for every long. If you do not have an account yet but want access to the SSI indicator, you can open an account now.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Before You Begin Trading

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.

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