November 16, 2012

Members Summit in Full Swing, Trade Room Re-Opens Monday

Our 2012 Members Summit is officially in Full Swing in Las Vegas!  
We kicked-off this 3-day event with our meet and greet last night at the Palazzo Hotel where we had an incredible evening meeting with other professional traders from around the world.  This morning we have our Classroom Training Session with Members, which is going to be an exciting event for everyone!
[LIVE TRADE ROOM CLOSED FRIDAY, RE-OPEN MONEY 8:00am EST]

News
from Europe & Asia for US ning Session:
–  European Markets stall overnight on
uncertainty fears heading into the weekend
– European equities opened the session mixed, and currently
markets are in negative territory, as September current account data showed
that the euro zone continues to have investment outflows.
 
– Japan Govt
cuts economic assessment for the 4th straight month
– PM Noda dissolved Parliament paving the way for
elections
– Singapore Q3 final GDP confirms first
contraction in 5 quarters 
—————————————————————————————
Today’s Economic News:
Learn how we trade different economic news
reports by watching this video lesson.
This morning we have major news for the US
Trading Session starting at 9:00am EST with Treasury International Capital
followed by Industrial Production at 9:15am
EST.  Both of these events will be
watched closely this morning.
The
big news of the morning comes with President Obama speaking with other leaders in
the US regarding the Fiscal Cliff.
  This will certainly take center-stage this
morning as we assume traders will be curious to hear what he’s saying, and how
it may affect the rest of the year. 
Remember traders, we see this fear over the fiscal cliff take spotlight
at the end of each year, and smart traders know that this will soon be in the
past.
Friday’s
are always about watching for the best market personality, and this morning is
no different.
  We need to focus our attention on keeping it
simple, beware the times on a Friday when the market slows down, and look for
the times when the price action is moving well to take your trades on a Friday.
 We always caution against trading after
11:00am est on a Friday morning, so watch the clock, and with Obama speaking on
a very popular topic, don’t be surprised if traders hit the exits early today.
—————————————————————————————
Welcome
Video for our Trade Room Guests
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    schooloftrade

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