Building Your Watchlist: How to dismiss a pair from consideration.

Part of my weekly, daily, even intraday routine is focusing ONLY on those pairs that I am interested in setting up a trade in. Focusing on the unnecessary is not only distracting...it’s unnecessary!

Learning what makes a pair less desirable to trade is a skill that every trader must know and with that in mind here’s a video I recorded today on that very topic.

This video runs just over five minutes and if you like it and want to learn MORE I have a cool proposal for you:

I am helping raise money for Donors Choose which helps build better high school classrooms. Until MIDNIGHT PDT TONIGHT if you buy a copy of “The Four-Hour Chef” which is a “cookbook” that is actually a book that teaches you how learn by deconstructing any skill so that you can learn it faster the author will donate all his royalties to Donors Choose and I WILL INVITE YOU TO A FOUR-HOUR, INTENSIVE WEBINAR that will teach you how I trade forex and futures, choose stocks, build my portfolio, as well as how and when I use options to control risk and take advantage of volatility (and a whole lot more than just that!) So if you are interested in getting an awesome book that breaks the mold on just about any book on learning I have ever read, helping a great cause, and joining me for a four-hour webinar on how I trade ANY market click here. But you must do so by Midnight tonight.

  • Michael Stone

    That is quite a lot of pairs to be looking at in the first place, at least until you have develped quite a bit of experience. I also believe that exotic and minor crosses also carry a much more sensitive and volatile set of characteristics and require more attention in deciding to follow or not.