August 8, 2012
- in Uncategorized by schooloftrade
Crude Oil Inventories & 10-Year Bond Auction Traders Prep
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The James’ Report: Day Trading Strategies for Professional Traders
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THE HOLE; Professional Traders must always resist the temptation to over-complicate their busy lives by remember the value of our hole in their soul. Think of our minds as an empty room, an glass that is empty, or a HOLE within us. Just like the center of a wheel has a hole, with spokes supporting the wheel, this hole is necessary and serves a valuable purpose. In our lives, we too have a hole that serves a valuable purpose. We can fill this hole with anything we chose, but we must chose very carefully. If we fill our minds with chaos and uncertainty we will surely feel the pressure and stress that comes along with it. However, if we fill our minds with only what we need, things we know best, keeping things simple and stress-free, our personal and professional lives benefit from this dramatically. Take the time today to remove yourself from clutter, on your trading computer, in your office, small-business, and personal lives. Give something away today that you don’t use, someone else will be grateful. Do something today to get more efficient, the people around you will thank you. Do something today to make yourself healthier, your loved ones and your heart will thank you! —————————————————————————————
News from Asia overnight:
– All eyes on News from China over the next few days ahead of Central Bank meetings
– (CN) China Financial News editorial: Timely and decisive action is needed to prevent growth from slipping outside target of 7.5%
News from Europe this morning:
– European equity indices are trading lower, led by weakness in the Spanish IBEX-35, which has tracked the decline in Spanish 2-year note prices. Banks are mostly in negative territory and underperformers include Spanish financials, Credit Agricole, ING and Deutsche Bank. Mining firms are trading higher, supported by better than expected earnings from Rio Tinto.
– S&P cuts Greece’s sovereign outlook to negative (shocker)
– Spain said it would not seek aid beyond current banking sector agreements if it came with further conditions attached
– BOE inflation report not as dovish as financial press made it out to be
– Germany 10-year Bund auction results seen as solid
– Spain said it would not seek aid beyond current banking sector agreements if it came with further conditions attached
– BOE inflation report not as dovish as financial press made it out to be
– Germany 10-year Bund auction results seen as solid
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Read
the Complete Morning Prep for Day Traders Here
the Complete Morning Prep for Day Traders Here
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