Many have you been asking how do we track all sectors at once, And here's my little market map
all at one stop screen will give you an idea whats going on in the market.First of all don't listen what analysts say on media whether its in TV paper or any other media what so ever. Just watch out for the data as they dont lie to us.Media make you hypnotis your behavior/psychology so do your due diligence and avoid media.
Let me give you an example regarding sectors monitoring.I lived in midwest where there is no much traffic out there all have to worry is look for signals, enjoy the music while driving, And this how normal market works with less volitility.But when violitility in the market increases then its like driving in North east(NY) or West(Calif) where roads are complicated, traffic is huge during rush hours which im not familiar with.I mean we are not in state of relax driving enjoying the music but we will constantly look for maps, get hold of the GPS devices and look for other vehicles without blinking, Otherwise we end up bumping into one another.So in order to steer your car smooth and easy, You have to stick with few fundamental changes depending upon the driving conditions. So for that we are in right now you need to track:
1.Currency/thier Pairs
2.equities/thier Futures
3.commodities
4.Bonds/Treasuries
normally we track equities and their futures for the markets.Enjoy and Happy Trading.
