Live Speculative Sentiment Indexes (SSI)

Indices Sentiment

DOW 30:

Dow Jones Sentiment

S&P500:

FTSE100:

NIKKEI:

DAX:

FRA40:

Commodities Sentiment

Gold:

Silver:

US Oil:

Forex Sentiment

EUR/USD:

GBP/USD:

USD/JPY:

AUD/USD:

USD/CAD:

NZD/USD:

What is SSI?

The Speculative Sentiment Index, or SSI, is a tool used to determine the positioning of other traders and measure other traders’ bias on currency pairs and other major markets.

Many forex brokers offer SSI data based on the positioning and bias of their clients. The SSI data measures how many traders are bullish or bearish on specific currency pairs and compares traders’ open long to short positions.

Unlike COT reports and other sentiment tools that may be delayed or require costly subscriptions, the above SSI data is provided in real-time across key markets at no cost to you.

How to Use SSI?

An effective way to interpret the SSI data and use it for trading is to pick a specific currency pair, take the long positions and compare it to the number of short positions, and turn that into a single ratio.

If more traders are long than short, the ratio will be positive. The opposite is true if more are short; the ratio is then negative.

SSI is commonly used as a contrarian indicator: if most traders are long, then expect price losses. If more are short, then we can predict price gains. The idea is to profit by taking the opposite approach from the majority of traders. While this may not seem to make sense, remember we aren’t looking at bias and not total market positioning. A trader may have 100,000 lots or 10 lots, they’re still considered longs.

The goal of a trader using SSI data is to time market moves while using retail forex market sentiment.

1,973FansLike
9,753FollowersFollow
1,471FollowersFollow

Live Forex Rates

FX PairsBidAsk
Live FOREX Rates by FXCM

Upcoming Economic Events

Other News

jobs

US Jobless Claims Increase To 244,000, Labour Market Still Stable

US Initial jobless claims increased to 244,000 in the week ending July 22nd from a revised 234,000 the previous week, which was originally reported...

June US Durable Goods Orders Surge 6.5%, Underlying Increase Held To 0.2%

US durable goods orders rose 6.5% for June compared with consensus forecasts of a 3.0% gain for the month. Following a revised 0.1%...
oil rig

Fundamentals Underpin Crude Oil Prices, Traders Wary Of Correction Risks

The sharper than expected EIA inventory decline and optimism surrounding demand has supported oil prices, but there was caution surrounding the risk of a...
silver

Silver Prices Spike After Fed Statement Hammers Dollar

Silver prices rose sharply on Thursday, as the dollar fell to 15-month lows in the wake of the Federal Reserve's latest policy decision.Silver for...
Japan Currency US Dollar USD/JPY

Japanese Foreign Bond Investment Surged Last Week

Capital flows into Japanese bonds rose sharply last week, data from the Ministry of Finance showed Thursday.Bond investment by Japanese nationals abroad rose by...