August 13, 2013

Tuesday Morning Prep; SchoolOfTrade.com Day Trading Strategy

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By working faithfully
eight hours a day you may eventually get to be boss and work twelve hours a day
Robert Frost
This morning we prepare for a busy day, filled
with important economic news on the schedule to watch.

We begin the day with a Red-Star news
event from Retail Sales at 8:30am EST.  We
will also here from Import and Export Prices as well, but we know that everyone
will be focused on the retail sales number.  

Please remember, with all the ‘fed speak’ over the last 3 weeks about
‘tapering’ we know that traders are all digging into these reports looking for
clues that may help them better-position ahead of 2014.  It will be interesting to see how they react
to this news today.

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