October 5, 2012

Non Farm Payroll Day Trading Strategy PREP

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The James’ Report:  Day Trading Strategies for Professional Traders
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MANIFEST SUCCESS:  Something very interesting happens when you create a plan and follow it with discipline and determination, you begin to see amazing coincidences and opportunities that you never thought would happen in such a short period of time.  Have you ever thought about an old friend today, and then see them the following day?  Have you ever studied the advanced price-structures and then miraculously they seem to appear before your eyes on your charts?  The same can be true for your weakest moments in life.  Do you speak negatively about things that occur during your day?  We shouldn’t be surprised if our negative thoughts do the same thing, and bring you nothing but more pain.   The best part of all this is that WE CONTROL OUR MINDS, and today we can make the decision to focus our intentions on what will make us better, more successful people and traders. 
News from Europe & Asia for US Morning Session:
– Following the slightly higher open, equities have remained in positive territory ahead of the later today US payrolls report. 
– BOJ keeps rates unchanged as expected but again lowers its economic assessment
– IMF said to be cutting 2012 and 2013 global outlook
– French Stats Agency INSEE sees Quarterly growth stuck at Zero 
– Markets remain cautious ahead of US Jobs report
– Italy PM Monti, Spain PM Rajoy and France President Hollande to meet in Malta later today
– Markets in the US Prepare for a 3-day weekend ahead of Columbus Day Holiday next Monday 8th.
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