October 18, 2012
- in Uncategorized by schooloftrade
China GDP Reaction, Jobless Claims and Philly Fed Survey
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The James’ Report: Day Trading Strategies for Professional Traders
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HIDDEN MEANING: When people say they don’t have time, they are really saying that other things are more important. We all have the same number of hours in each day, and how we use those hours says a lot about our priorities in our personal and professional lives. When someone says ‘I don’t have the time’ what they are really saying is that they don’t see the value in spending their time on this task. Do you find yourself saying that you don’t have time in your day to perform the tasks you need to become successful? Do you find yourself frustrated at the end of your day when you haven’t accomplished your goals? Take the time today to step back, look over all the little things you are doing every day, and find ways to remove some, move others around, and streamline your approach to every trading day so that you can achieve the goals you are working so hard to achieve. FIND the time today to prioritize your time for tomorrow. News from Europe & Asia for US Morning Session:
– China Q3 GDP in line +7.4% expectations but registering its 7th straight quarter of slowing growth with the YoY at a 3 low
– S&P cut Cyprus sovereign rating three notches to B from BB, ratings remains on Watch Negative
– UK Sept retail sales beats expectations
– Spain auction results seen as solid
– No pressure for EU Leaders to achieve results at current summit meeting ( its 22nd in the current crisis)
– S&P cut Cyprus sovereign rating three notches to B from BB, ratings remains on Watch Negative
– UK Sept retail sales beats expectations
– Spain auction results seen as solid
– No pressure for EU Leaders to achieve results at current summit meeting ( its 22nd in the current crisis)
– European equity indices are trading mixed, as Spain’s IBEX-35 has seen slight profit-taking following yesterday’s outperformance. In terms of the banking sector, Spanish banks have lagged, while shares of Credit Agricole and Barclays have outperformed. Resource related firms are broadly higher, amid in line Q3 GDP data out of China
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