Average Long vs Average Short Price new addition to the Search Tool


If you change the Search field now you will now see Average Long vs Average short price.


Here's the logic:


Sentimentally speaking, we shouldn't normally expect to see a green cell up there for either the long or short average price, for a period of time.


Why?


Because the average retailer does not hold onto winning trades. Instead they'll happily sit in drawdown and they'll take profits quickly..




In the case of GBPUSD, the Retail bears are making some nice profits. This is fairly unusual, but it can happen...


Since it is fairly unusual we would expect to see price go back UP within this range.


Where we would look for price to "return" to it's average short price


So we would look to go long and target 1.1924




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