All language subtitles for TraderFXChibiunzin 601 - 2

In this video, we're going to talk about refining a watchlist refining.

A watch list basically means cutting down to a few trading assets.

A few currency pairs or a few Commodities to work with

long term in your trading career. There

are a lot of benefits to actually refining a watch list. If you cut

down to a few pairs, you get to specialize on those few Pairs and

you don't have the confusion of trying to track every single currency. Pair running

through the mall looking for trades. Doing this is not beneficial.

It's best to just stick to a few different currency pairs, they're

going to give You enough opportunities each week to actually make profits.

So you don't need to be chasing loads and it's going to

cut out a lot of the confusion. So aside from it being

a lot more streamlined, there's actually another thing, to consider

when refining a watch list and that is going to be timing, depending

where you are in the world, you are probably going to want to trade different currency

pairs. That's because of session characteristics

and volume. Now, if we look at the charts here, we can see the

sessions. We just spoke about in the previous video. Very lightly. We have

Asia session, London session