Sentiment in the Forex market

This book explores how crowd sentiment influences the Forex market, arguing that major market turning points often occur when the majority is wrong. Author Jaime Saettele applies sentiment analysis to currency trading, introducing both traditional and new indicators like Commitment of Traders reports, time cycles, and Fibonacci ratios. He explains how to interpret market news to gauge investor sentiment and suggests that retail traders can achieve greater success by adopting a longer-term, contrarian approach.