Contrary opinion is the opposite opinion of the sentiment held by the majority. If eighty percent of traders are bearish then a bullish view would be a contrary opinion. As developer of the Bullish Consensus, R. Earl Hadady has fine-tuned sentiment, measuring the opinion of a specific majority, to a calculable figure. Traders can now develop a winning trading plan around the Bullish Consensus and buy or sell as warranted by its numbers.

Examines in-depth the workings of the futures markets and how market sentiment affects those markets. Demonstrates that the trend of the market is actually a reflection of the trend of market sentiment.

Contents:

Little Known Facts

Workings of the Futures Markets

Market Parameters

Using Sentiment to Analyse the Markets

Contrary Opinion

How Market Sentiment is Compiled

History of Market Sentiment

Market Composition

Trading to Win

Market Sentiment in Action

References

Glossary

Index