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Online Forex Trading News, Anlysis, Tips, Reviews, and Videos.Hi everyone My friend and experienced trader Dianne Fecteau send me a few days ago a Wordcloud she made about the EUR/USD. In Dianne’s words “I’ve been experimenting with Wordclouds to gauge sentiment from news reports. … Word clouds are created from text.


Article Content:

Hi everyone

My friend and experienced trader Dianne Fecteau send me a few days ago a Wordcloud she made about the EUR/USD.

In Dianne’s words “I’ve been experimenting with Wordclouds to gauge sentiment from news reports. … Word clouds are created from text. In the case of the one I sent you I generated it from news reports and some opinions about the Euro this past Friday morning. The more a word is mentioned, the bigger it appears in the word cloud. The word “bullish” was obviously mentioned quite a bit and that’s why it’s so big. Way down at the bottom you see a tiny word “bearish.” So it gives the impression everything being written was more bullish. To me it’s just a fun way to visualize people’s written words but it quickly shows what people are saying most. ”

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