...But I got drawn back into it looking at news recently.
Your statement "I got drawn back into it" is meant to imply debating with others about the merits of technicals...don't develop what I call the
marketsurfer syndrome.
Its when someone debates against others that either do
not use technicals
or technicals is used with other stuff equally as important.
In contrast, if your statement "I got drawn back into it" is meant that you tried your hand at daytrading
again because you saw recent big movements in the markets like Europeans moving to America when there was free land available in the west and again during the gold rush era (a joke)...
Its a bad reason to get involved in day trading and it means you're trying to chase the get rich fantasy.
Look...I'm a strong believer that key market events drive the markets. They can be FED related, ECB related, political, geopolitical, breaking news, economic
or whatever.
Whatever is driving the markets today, this week, this month, this year will mostly have a different reason to whats moving the markets tomorrow, next week, next month
or next year.
It's really
not worth debating about it unless you're just doing it to let off some steam or for fun.
wrbtrader