April 26, 2012
- in Uncategorized by schooloftrade
Day Traders Prepare for Jobless Claims Post-FOMC Day
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The James’ Report: Day Trading Strategies for Professional Traders
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Professional traders achieve success when they understand the basic principle of reflection. We are a mirror’s reflection of what we give to the world around us. We get what we put out, and if we put out joy we get joy. If we put out anger, we get anger, very simple. Successful traders know that if they come to the market with a positive attitude they will attract positive attitudes around them, including themselves. Professional traders must come to the market every day and work WITH the market, rather than against. What are YOU putting out there today? Do you expect to get something different in return?
***Notes/Observations from around the world***
– European equity indices opened the session mostly higher, with the exception of the DAX. As of the time of writing, indices are trading mixed as traders assess the recent statement from the US Fed, in addition to corporate earnings. Declines in the equity markets are being led by the Spanish IBEX, amid weakness in shares of Santander and the rise in peripheral bond yields. European banks opened the session lower and have remained mostly negative, following mixed Q1 earnings out of European banks.
– FOMC remained committed to keeping low interest rates at least until late 2014
– US Corporate earnings season moves into high gear with over 60 S&P companies reporting today
– New Zealand Central Bank (RBNZ) leaves its interest rates unchanged but warns of it strong Kiwi currency
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
