Quote:
Originally Posted by Yarcofin
My routine...
On the weekend, I spend a good few hours looking at the charts (I use purely technical analysis) to figure out what trades I want to place when the market opens. 6 pm Sunday when the market opens, I place these trades.
During the week I will check how my pairs are doing in the morning for approximately half an hour around 7 am (see how much I've made or lost, quickly check if the trend will continue, etc. When I come home from work, I'm checking periodically from 5 pm until around 10 pm.
I do very few trades though, typically between 6 to 10 per week.
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I more or less would like to stick with technical analysis too. Just about everything I've read says both is needed, but once I started reading through some older threads here, I see there are some traders who use technical only, and it seems to be working out just fine for them. I am reading all I can find on charting. Thanks for answering.