July 25, 2012
- in Uncategorized by schooloftrade
Crude Oil Inventories on our Radar Today
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The James’ Report: Day Trading Strategies for Professional Traders
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SIMPLICITY; Professional traders must do everything in their power to keep simplicity in their trading operations every day, however this can be easier said than done. Most of us human beings over-complicate our lives, and it can be hard to return to our most simplest form after years of hard work building a career. Take the time each day, week, month to throw away old items that you have been holding onto, and this includes emotional and physical items. Keep it simple in everything you do, its easier to live this way, and you’ll be more productive along the way.
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News from Around the Globe Overnight:
– EU said to be mulling options to avert a Greek bankruptcy
– AUD CPI at 13-year low
– Japan registers its smallest trade deficit in 9 months on an adj basis
– IMF: China GDP to bottom out in Q2
– German IFO Business Climate falls for the
– UK GDP contracts more than expected, blames public holidays and weather
– AUD CPI at 13-year low
– Japan registers its smallest trade deficit in 9 months on an adj basis
– IMF: China GDP to bottom out in Q2
– German IFO Business Climate falls for the
– UK GDP contracts more than expected, blames public holidays and weather
– Following the mixed open, European bourses are trading mostly higher. Spain’s IBEX-35 has led the gains, as a Spanish official again denied that the country needs a bailout and ECB official Nowotny said there were arguments for allowing the ESM to have a banking license.
– Additionally, during yesterday’s US session a financial press report suggested that the Fed was said to be moving closer to taking steps to support growth, as some officials have become frustrated with the progress of the economy. In London, the FTSE 100 has lagged, amid the release of weaker than expected Q2 GDP data out of the UK. Most European banks have tracked the overall strength in the equity markets, although shares of Deutsche Bank have underperformed. Miners have traded higher on the rise in commodity prices. In terms of corporate earnings, companies seen reporting during the US morning include Boeing, Bristol-Myers, Caterpillar, Ford, Pepsico and Wellpoint. Following Tuesday’s US equity close, shares of Apple declined, as the company reported weaker than expected quarterly results and guidance.
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