Which one carries more weight?

Nah, not one bit. But I’d like to leverage that for intermarket analysis over time. For that I’d have to pick up statistics, macro economics, programming in Python (data scraping atleast) and possibly more. Not to mention actually learning and trading other instruments. This is a long term goal with FX being the introduction to trading :crossed_fingers:

Mid term, by year end hopefully I’ll have a solid enough grasp of macro economics & statistics to initiate data analysis in the data warehouses for the central banks & BIS. I’ve already got some data extracts for Trade weighted currencies and 10-Y bonds.

Short term goal is the stuff I’d been working on in Notion, where we met the first time :slight_smile:. Did learn basic MT5 and coded a script for a data extract I mentioned here to enable a more efficient analysis of the 28 currency pairs on a regular basis. Believe it helped immensely in accelerating the learning curve.

For me it’d make more sense to have a stronger understanding of how the various indicators work and what works best in what market environments before I consider EAs. Atleast additional reading on algos and quant trading before I consider coding I think. I’ve seen some who’ve taken to EAs immediately but don’t know about an ATR based trailing stop. I’d like to avoid those pitfalls.

Totally. That’s why I learnt some basic MT5 coding for now and intend to learn Python later. Right now I only know that the FRED has an Excel Add-in to enable any similar function without additional coding