NEW!!! UNIQUE Sentiment Based ANALYTICAL and TRADING service

Will you take part with FPA NEW Sentiment system project?

  • Yes, I will participate. Please start development!

    Votes: 337 98.0%
  • No, I do not believe in FPA Sentiment and will not participate.

    Votes: 7 2.0%

  • Total voters
    344
yes, i agree with sentiment base analytical and trading idea

Thanks Mr Sive, we have been your student for years, you have not fail us. I strongly agree on this idea. see my vote.

Thanks
 
DEAR FRIENDS,

Our community at the moment consists of more than 80,000 forex traders from all over the world each with unique trading styles and analytical skills. This provides the opportunity to create UNIQUE Sentiment Based analytical and trading service.

...i sent this idea to fpa some weeks ago...and i was thinking they had rejected. I'm glad to see i was wrong :)


The core idea is to collect daily traders’ opinions and analysis on the behavior of the currency pairs then scientifically filter and average the results giving more weight to the best analysts with more recent successful predictions. Not only would we all benefit by learning from the best analysts, but also we will have a chance to create the SOLID trading system based on the FPA Sentiment Indicator.


Before we start developing the FPA Sentiment we need to know if YOU are interested to create New, Unique, Profitable, Broker and Regulation independent trading system and going to participate. Please respond by voting on the poll attached to this thread.

i don't remember if i had already specified this: traders should insert a prediction (in terms of price target, and another level, let's say a stop-loss level, where the prediction is considered to be failed). This would simplify filtering the results. Obviously, the system should also consider a sort of "risk:reward ratio". Let me explain: now eur/usd is at 1.2574. It's easy to say that it will reach 1.2580 and considering as stop loss 1.1700. (predictions like this are most of time "right", but are also really unuseful :D). Also, a trader who makes predictions right 80% of times with a reward:risk 2:1 is much better and valuable than another who makes predictions also right 80% of times but with a reward:risk 1:1.

The only way for this unique trading system to become profitable is if all of us participate. It is going to take just a few minutes to fill in the simple form, but on the other hand we will not accept the free riders. Those who do not participate will not see the final calculations; those who simply enter random numbers will also be filtered and banned from using this system.

please remember of who suggest the idea :)
 
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