December 4, 2012

Morning day trading plan prep; schooloftrade

USD maintains softer tone in quiet European trading; EU Finance Ministers meet to try to hammer out banking supervision role 


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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 mixed open, European equity
indices are broadly higher led by the Italian FTSE MIB, as Italy’s 10 yr yield has fallen to 2-year lows; Asian equity markets are trading lower just about across the board, tracking weakness in US indices on Monday; Oil and Gold are lower; US$ is Lower vs. Pound; Lower vs. Yen; Lower vs. Euro.
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