July 11, 2012
- in Uncategorized by schooloftrade
Euro tests 2008 Lows, US News gets us started 830am today
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The James’ Report: Day Trading
Strategies for
Professional Traders
Strategies for
Professional Traders
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Investment in time; Professional traders learn the basics first, develop their skills, and have the ability to earn profit in any market they chose. We invest our time in learning how the markets work, how to execute a trade, and the management of the trade. If we skip the basics we risk failing in our success without the proper foundation to work with. Every success trader puts in their time with the market, and they are rewarded with the consistent income those fundamentals provide. —————————————————————————————
News from Around the Globe Overnight:
– EUR/GBP trades below 79p for the first time since late 2008.
– The use of the ECB’s deposit facility rises to €808.5B, despite the recent cut in the deposit rate (the record for the use of the facility is €827.5, which was seen on March 6th)
– 3-month Euribor continues to hit record lows on ECB rate cut
– France’s 5-yr government bond yields hits record lows of less than 1%.
– Japan’s 5 and 10-yr bond yields hit lowest level since 2003 ahead of Thursday’s BoJ decision.
– The use of the ECB’s deposit facility rises to €808.5B, despite the recent cut in the deposit rate (the record for the use of the facility is €827.5, which was seen on March 6th)
– 3-month Euribor continues to hit record lows on ECB rate cut
– France’s 5-yr government bond yields hits record lows of less than 1%.
– Japan’s 5 and 10-yr bond yields hit lowest level since 2003 ahead of Thursday’s BoJ decision.
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