My “Dashboard”

After Noon EST I stop looking for new trades to enter in the forex market.  The reason is simple:  London is closed.

However, I still may be doing one of three things

1) Manage existing forex positions

2) Looking at futures trades/positions

3) Looking at stock and ETF trades/positions

For this I want to narrow down my charting to these specific needs.  I don’t need to triage across time frames.  Heck, I don’t even need need all four of my monitors full of charts and quotes…having all that information in front of me is distracting during the doldrums.  So after Noon I transition to this view below on a single monitor.  It allows me to keep an eye on some key factors that make a big difference in my trade management.  Each of these ten charts — spread across about 2/3 of a single 20 inch monitor — allows me to see market correlation (#3), the market cycle across the 30, 60, 180, 240, and daily time frames (#4 to #8), see my Lazy Days Lines (#2 and #9), and trendlines (#1).  The sizing on these charts are also “content friendly” and by that I mean that they are the correct size for the articles, blog posts, and videos that I create on a daily basis.  You can create a focused “dashboard” for the doldurm hours to keep you from actively trading during this time, to stay focused on trade management, but still be able to keep in touch with what the markets are doing.

 - Raghee