The Dumb Money Index

See exactly where the dumb money is trapped.

Live positioning data across 14 FX pairs. Who's long, who's short, who's underwater, and where their stop orders are hiding — refreshed every 20 minutes from real broker data.

Retail positioning

14 pairs, updated every 20 minutes

Underwater positions

Who's trapped, and by how much

Order book depth

Where the stop clusters are sitting

01Retail Positioning

See exactly where the crowd is stacked

The long/short split across 14 FX pairs, refreshed every 20 minutes. The Sentiment Extremes panel ranks every pair by how skewed retail positioning is — so you can instantly spot where the crowd has pushed too hard in one direction.

02Underwater Positions

Who is already trapped and has to get out

How much of each side is trapped in losing positions. A trader who's underwater is a future market order in the opposite direction — when they capitulate, they fuel the move. This panel shows you who's already bleeding.

03Order Book Depth

Where the stops are actually sitting

80 price levels of pending buy and sell orders across every pair. Key Levels mode highlights the 10 biggest order clusters above and below price — the exact levels where liquidity is sitting and where price is likely to go hunting.

The Playbook

How to use the Dumb Money Index in three steps

01

Find a skewed pair

Open Sentiment Extremes and look for pairs where retail is heavily one-sided — 65% or more. The more extreme the positioning, the stronger the contrarian signal.

02

Check who's underwater

Click into the pair. If the majority is long AND most of those longs are underwater, they're trapped — they'll eventually become sellers. That's your directional clue.

03

Read the order book

Switch to Order Book view and look for large clusters of stop orders. Key Levels mode highlights the 10 biggest clusters — the levels the market is most likely to target.

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Real data from real accounts

The Dumb Money Index pulls live data from OANDA — one of the world's largest and most established retail FX brokers. This isn't survey data or estimated sentiment. It's real positioning from real trading accounts, refreshed every 20 minutes.

Before You Decide

Common questions