April 18, 2011
- in Uncategorized by schooloftrade
Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘We are what we repeatedly do. Excellence, therefore, is not an act, but a habit’ – Aristotle
Let’s begin our morning routine with the economic news for today’s trading session.
8:20 Gold & Currencies OPEN
9:00 Crude Oil OPEN
9:30 US Market OPEN
10:00 Housing Market Index
11:00 Transition into Lunch
11:30 European Close / Live Webinar in our Trade Room
Looking at today’s news we dont have much to watch for. News @ 10am est means we may see decent volume before and/or after the news this morning.
We hear news chatter from ECB regarding further rate hikes, and OPEC is also saying the market has ‘too much supply’ of crude oil, so today will likely be a roller-coaster ride once again.
As always, I’m watching the speed or the orders coming into the market along with average true range (ATR) to find the best times to trade the markets today.
lets take a look at the market’s we’re trading today…
