Watchlist: a listthat stays short.
A forex watchlist is only useful if it is short. 20 markets on a list means you watch none of them properly.
In Prime Terminal, every market on your watchlist carries its bias, its reason and its next event, so the list tells you what to do, not just what to look at.
What goes on it
The 3 to 5 markets from your Sunday analysis. Each one needs a bias, a reason and a catalyst. No reason, no place on the list.
How to keep it clean
When a reason breaks, the market leaves the list. When the Overview List shows a new clear setup, it can come in. Change it on Sunday, not every hour.
Use it in real trading
The tool informs the decision, it never makes it. Here is how it plays out on real trading days.
Your list has 3 markets. On a busy day, you only read the headlines for those 3.
Gold goes neutral. It stays on the list as a watch, not a trade, until the bias is clear.
Mistakes to avoid
- Adding every market that moved.
- Keeping markets without a reason.
- Changing the list every day.
What makes it different
The watchlist pulls the bias and the next event in automatically, so it stays connected to the context.
Questions
How many markets should I watch?
3 to 5 for most traders.
When do I update it?
On Sunday, or when a reason breaks.
Can I have more than 1 list?
Yes, for example 1 per strategy.