April 27, 2012
- in Uncategorized by schooloftrade
Traders Prep for GDP and Consumer Sentiment on Friday
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The James’ Report: Day Trading Strategies for Professional Traders
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Professional day traders understand the importance of keeping their original purpose in mind as they work hard every day to achieve their goals. Life is full of frustrations, speed-bumps, and obstacles along the way to any goal in this life, which is why it’s vital to remind ourselves WHY we are working so hard. Don’t let the little things bring you down on your way to the top, and remembering your long term goals, your purpose, your objective, will help you to overcome life’s little struggles. What’s YOUR purpose today?
***Notes/Observations from around the world***
– European equity indices opened the session sharply lower following S&P’s downgrade of Spain, as Spanish banks led the opening losses. Markets have since moved off of the worst levels for the session, as market await the later today release of Q1 advance GDP data out of the US
– Dollar index heat map reading -0.2% this morning (falling)
– S&P cuts Spain sovereign rating by 2 notches to BBB+; maintained negative outlook.
– BoJ raises bond buys by 10 tri JPY. Widely expected and not seen as large.
– Spain Q1 Unemployment surges to 24.4%, highest since 1996
– Italy auction results not as solid as rumored; higher yield and lower bid-to-covers for the 5-year and 10-year issues; market still relieved at results
– US Q1 advanced GDP data in focus
– BoJ raises bond buys by 10 tri JPY. Widely expected and not seen as large.
– Spain Q1 Unemployment surges to 24.4%, highest since 1996
– Italy auction results not as solid as rumored; higher yield and lower bid-to-covers for the 5-year and 10-year issues; market still relieved at results
– US Q1 advanced GDP data in focus
Prepare for your trading
with these charts today:
with these charts today:
Crude Oil
Futures
Futures
Gold
futures
futures
E-Mini-Russell
Futures
Futures
Euro
Currency Futures
Currency Futures
