My weekly scan for the pairs that I am most likely to trade starts Sunday night or Monday morning. In this scan I prioritize pairs that have Directional Bias – that is – pairs that have trends on their daily time frames.
The idea is to have a focused list of pairs that I will pay careful attention to, this is the process I use to do this week in and week out and you’ll get a look at the detailed steps and tools I use to do this. The first step is understanding how important “DB” (Directional Bias) is to having an “edge” in a market by knowing the overall, dominant psychology at work…and if there is any at work!
Questions? Comments. Leave ’em here at the blog.