Using Google FX trends to forecast market junctures

[SLT]

In this Study, i have used Fiber as an example, the four peaks i have marked on the GT chart, signal a juncture on EU
Notice that GT (google trends) chart set up a liquidity type pool above the peaks, then slammed it! Human nature at its best.
Also the highest peak which is now Jan 2015 is the lowest price level on Fiber

 

[jack]

Now that's an interesting concept..

Retail tends to be contrarian, yet these spikes in interest are also turning points so perhaps the interest suggests people are getting greedy on an obvious trend just before the trend reverses and runs them over.

We should mash this up with broker's various historical order books or sentiment indexes and see net positions change around the key spikes in search interest. I wonder how far back Oanda's historical data goes... mm..

 

[jack]

We should mash this up with broker's various historical order books or sentiment indexes and see net positions change around the key spikes in search interest. I wonder how far back Oanda's historical data goes... mm..

Sadly, just a year:
http://fxtrade.oanda.ca/analysis/historical-positions