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Forex Long to Short Position Ratios

by Brian Brown, 3220 days ago
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The long to short position ratio is a measure that tells us whether Forex trader are bullish or bearish a particular currency pair. It is the ratio of the number of long positions to the number of short positions for a given currency pair.

Some brokers release the long vs. short ratio numbers for major currency pairs based on their clients open positions; the data from one broker is downloaded by this item. The item gets intraday (05:00, 11:00, 17:00 and 23:00 at GMT+0) Long to Short Position Ratios for the last three months and for 16 Forex pairs: USD/CAD, GBP/JPY, GBP/USD, NZD/USD, USD/CHF, AUD/JPY, EUR/AUD, USD/JPY, GBP/CHF, XAU/USD, XAG/USD, EUR/GBP, EUR/CHF, AUD/USD, EUR/JPY and EUR/USD.

The Long Short Position ratios is interpreted as follows: When the ratio is above 50% then, at that moment, the number of Forex traders holding long positions is greater than the number of traders holding short positions. When the ratio is below 50% then the number of traders with long positions is less than the number of traders with short positions.

The Long to Short Position ratios are saved in a new database "fx_lp_ratio". The time associated with the data is set to GMT+0. You can specify another GMT+N value by updating the download item, clicking on "1 Field(s)" and then changing the "GMT+" value.

Few weeks ago, I have uploaded an item that gets long position ratio for EURUSD FX only. You can get this item here: EURUSD Long Positions Ratio.

Example of trading rule using the Long-Short Position ratio:
buy = cross(GetData("fx_lp_ratio", "ratio"), 50);

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This item no longer works. You can use this downloader instead:
Forex Long-Short Historical Position Ratios


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Object ID: 885


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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.