more bad US data. Lets see how yields reacts because it is not supporting the data at the moment so we might get a shift.
Historical News data and news trading 5 replies
DislikedThanks EcoTrader I've been a silent watcher of postings and threads like yours for about 3 years now; weekly, daily, etc.. I do my own evaluation as well but mine does not come from a well seasoned veteran in fundamental affairs as yours does; it really helps to think through these news releases, be they factual or merely lies meant to mislead. Anyway, I really appreciate your view on Economic Stuff and what you've written on other's threads as well. Take care, make tons of money, and spend it all wisely; me : )Ignored
DislikedHi Eco! I just want to ask. How would you do your analysis if your aim was to trade with a dayjob? Sorry in advance if this is a silly question because from what I understand your process seems to involve a considerable amount of time each day and making sure that to leave no stone unturned. I hope that makes sense. :d AlexIgnored
I can't stress how significant it is to have an economic calendar and using it to trade is on freeing up time. You know exactly when you might trade and you are not sitting in front a screen all day. Being able to do your research after hours makes all the difference. It is essentially preparing you with the foundation knowledge and adding sentiment to the mix provides you with all the information you need to pair strongest against weakest and decide if an opportunity is available.
I hope this puts your concerns to rest. I manage to trade every day while consulting in financial services. Essentially i am living proof it can be done without impacting your job.