July 17, 2012
- in Uncategorized by schooloftrade
Ben Bernanke and Early morning news for day traders
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The James’ Report: Day Trading Strategies for Professional Traders
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ONE WORD: If you asked a professional trader who has been trading more than 10 years how he or she would describe their career, it would be ‘balanced’. Every trader understands the value of balance, nothing too much or too little in everything they do. Invest your time in learning first, and then spend your time earning in the future, again in balance. In our personal lives we must balance work and play, family and clients, money and good-will. Professional traders understand that without one there is no other, and we must have balance in everything we do in order for our success to be long-term. —————————————————————————————
News from Around the Globe Overnight:
– Fed Chairman Bernanke may signal Fed QE in his semi-annual testimony
– Speculation that the Fed might cut interest rates on excess reserves (IOER)
– Japan Fin Min reiterates verbal intervention on JPY currency rise
– UK inflation falls sharply in June to 2 year lows
– Spain Bill auction results see yields decline
– German ZEW registers its third MoM decline
– Speculation that the Fed might cut interest rates on excess reserves (IOER)
– Japan Fin Min reiterates verbal intervention on JPY currency rise
– UK inflation falls sharply in June to 2 year lows
– Spain Bill auction results see yields decline
– German ZEW registers its third MoM decline
– European equity indices opened the session broadly higher, led by Spain’s IBEX-35, as markets await the commentary from US Fed Chief Bernanke.
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