FXCM Speculative Sentiment Index (SSI) - Page 2

feckoo · 03-30-2009, 04:43 PM

Quote:

Originally Posted by David Waring

Hi Reza,

No I have not but thank you for the reminder as I need to get this done. I will try to put something together by the end of next week and post it here when I am done. In the meantime here is a description of how FXCM recommends using the SSI:

Hi David i'm also really interested in this ssi video you seem to explain things better than most tutorials out there you break everything down better

thanks again

Dtseng123 · 08-21-2009, 11:05 PM

I just read through "Sentiment in the Forex Market" By Jamie Saettele, to get to the heart of the matter - the COT index. For those who do not know the CFTC has a report that comes out weekly which gives the net positioning of speculators and commercial interests. It also includes open interest which combined with volume studies = a trading system based on sentiment. Check out Jason Alan Jankovsky's article detailing it. Since I'm a trader working with Currensee, a forex trading network that links the power of social networking with forex trading and social analytics, naturally I've come to take interest in gauging social psychology. Now every trader should know that it is the banks and the corporations that move currencies, how can we fully gauge market psychology without gauging their sentiment? Well we can't. So we must use COT; the complaint I have is that its a WEEKLY report which will disapoint short term traders. I want to find out how the CFTC puts this report together and if there is anyway to speed up reporting. I'm assuming this data is fed from the traders, marketmakers, corporations to banks.

Regardless, I'm not dissuaded by this shortcoming...I'll be experimenting with other technical analysis formulas(code word for: I know which ones buts its a secret shh!) in combination with the COT to see if I can get clearer signals. By "clearer," I mean the intrapolation in time frame scaling of price as a parallel to the COT. Combine some speculator sentiment data from Currensee and BAM!! we'll have take off in terms of a new social indicator. Now you'll ask, how the hell will do you know if this works? Answer: I'm merely speculating in creativity... we'll only know once we finish...
If anyone would like a copy of "Sentiment in the Forex Market" let me know.

Tekmnd · 08-22-2009, 08:53 AM

Hi Dtseng123

I have an ongoing thread on Trading the SSI you may want to check out here-
FXCM's Specualtive Sentiment Index

I also have a blog on sentiment here-
InformedTrades - The Sentiment Section ™

Quote:

If anyone would like a copy of "Sentiment in the Forex Market" let me know.

Here is a free ebook version-
Sentiment in the forex market | Forex eBooks

Cheers
Tek

08-21-2009, 11:05 PM	#12 (permalink)
Dtseng123 Badges About Assets Join Date: Jun 2009 Posts: 1 InformedPoints: 0	I just read through "Sentiment in the Forex Market" By Jamie Saettele, to get to the heart of the matter - the COT index. For those who do not know the CFTC has a report that comes out weekly which gives the net positioning of speculators and commercial interests. It also includes open interest which combined with volume studies = a trading system based on sentiment. Check out Jason Alan Jankovsky's article detailing it. Since I'm a trader working with Currensee, a forex trading network that links the power of social networking with forex trading and social analytics, naturally I've come to take interest in gauging social psychology. Now every trader should know that it is the banks and the corporations that move currencies, how can we fully gauge market psychology without gauging their sentiment? Well we can't. So we must use COT; the complaint I have is that its a WEEKLY report which will disapoint short term traders. I want to find out how the CFTC puts this report together and if there is anyway to speed up reporting. I'm assuming this data is fed from the traders, marketmakers, corporations to banks. Regardless, I'm not dissuaded by this shortcoming...I'll be experimenting with other technical analysis formulas(code word for: I know which ones buts its a secret shh!) in combination with the COT to see if I can get clearer signals. By "clearer," I mean the intrapolation in time frame scaling of price as a parallel to the COT. Combine some speculator sentiment data from Currensee and BAM!! we'll have take off in terms of a new social indicator. Now you'll ask, how the hell will do you know if this works? Answer: I'm merely speculating in creativity... we'll only know once we finish... If anyone would like a copy of "Sentiment in the Forex Market" let me know. Last edited by Simit Patel; 04-11-2010 at 07:59 AM.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Site Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode