Tidbits – written by phase de consolidation forex market expert Joe Ross. Sometimes these reports agree and sometimes disagree. What is your opinion on the sentiment reports?
Although these reports sound scientific, nothing about the trading markets can be measured with scientific precision. There is no practical purpose for measuring a market precisely and most market measurement is at best only a rough estimate. When we measure futures markets, we are basically also measuring human behavior, and human behavior is not easily measured. When it comes to forecasting financial market conditions or market sentiment it makes no sense to strive for extreme accuracy.