Comments on: Can Twitter be Used as a Forex Trading Indicator? https://www.tradingheroes.com/can-twitter-be-used-as-a-forex-trading-indicator/ Discover Your Grail Trading Strategy Wed, 30 Jul 2025 07:35:08 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Hugh https://www.tradingheroes.com/can-twitter-be-used-as-a-forex-trading-indicator/#comment-9307 Fri, 16 Dec 2011 00:22:52 +0000 http://www.tradingheroes.com/?p=5345#comment-9307 In reply to gilgil.

Thanks! You are totally right, they are not going to move the market. My theory is that bad traders are going to be doing the wrong things at the wrong times and can give clues as to the best times to fade them. Of course it is just a theory for now.

]]> By: gilgil https://www.tradingheroes.com/can-twitter-be-used-as-a-forex-trading-indicator/#comment-9301 Thu, 15 Dec 2011 11:52:40 +0000 http://www.tradingheroes.com/?p=5345#comment-9301 Interesting idea, though don’t you think that people posting on twitter are going to have very little effect on the direction of the market? I think the institutional investors are ones who move the market and it is unlikely that they will post on twitter.

Also I think people may make their trade or decision and then post on twitter, so you may be acting a few minutes behind sentiment, which may not be helpful.

However I think that it may be a better idea for penny stocks etc. as they are more likely to be influenced, what do you think?

Great article though

James

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