April 25, 2012

Day Traders Prep for FOMC as UK Double-Dips

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The James’ Report:  Day Trading Strategies for Professional Traders
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Professional traders understand the value of balance in their lives; balance in emotions, family, work, and rest.  We must keep an ‘even keel’ when dealing with our emotions in every situation;  trying not to get too high when things are going well, or too low when things are challenging us mentally.  At the same time, professional traders strive to find the same balance with family, work, and play.  There is a time to work, and a time to rest, and even the most successful traders all have one thing in common, strong family bonds.  Take a moment and look at your 24 hours in a day, do you have the balance you need to achieve long term success?
***Notes/Observations from around the world***
– European equity indices opened the session broadly higher amid the plethora of corporate earnings releases, following positive leads from the US markets and better than expected earnings from Apple. Overall banks and mining related shares are trading to the upside, ahead of the later today’s US Fed meeting.
– FOMC decision takes center stage
– AAPL beat on both top and bottom line
– EU officials pondering whether to soften 2013 budget targets 
– ECB lending survey showed that banks did benefit from LTRO operations
Prepare for your trading
with these charts today:
Crude Oil
Futures
Gold
futures
E-Mini-Russell
Futures
Euro
Currency Futures

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