I have downgraded my Ransquawk to the lite version which gets me delayed audio and real-time text headlines with access to some research like the central banks hawks and doves cheat sheet. I have enabled the Xenith subscription again and have also signed up to tradingview.com for their brilliant charting services. Going forward i need to alter my approach to be less soft sentiment and more hard sentiment where it lasts several sessions or longer. I am spending too much time during the working day focusing on trading and don't want it to affect my work. So here is my new approach
The process is going to be similar with exception to trading soft sentiment which is driven by daily news. I will be looking to taking trades post data releases\speeches with unexpected data that can drive sentiment longer. The trading will be all swing trading and i expect to spend 2 hours every night working and keeping an eye on data releases and setting alerts when price hits trading zones.
My journal will change slightly also. I am going to change the content to include my analysis at the start of every week and any changes or trades during the week will be posted. If i have time (working from home or can spare some time at work then i will do the odd soft sentiment trade if its a no brainer and i am around at the right time.
The process is going to be similar with exception to trading soft sentiment which is driven by daily news. I will be looking to taking trades post data releases\speeches with unexpected data that can drive sentiment longer. The trading will be all swing trading and i expect to spend 2 hours every night working and keeping an eye on data releases and setting alerts when price hits trading zones.
My journal will change slightly also. I am going to change the content to include my analysis at the start of every week and any changes or trades during the week will be posted. If i have time (working from home or can spare some time at work then i will do the odd soft sentiment trade if its a no brainer and i am around at the right time.