August 2, 2012
- in Uncategorized by schooloftrade
ECB Leaves Rate Unchanged, we wait for Press Conference
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The James’ Report: Day Trading Strategies for Professional Traders
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TRADER’S PERSPECTIVE; Professional traders understand the value of looking at the markets, and life, from many different perspectives. We simply cannot understand everything in this business, and we know that there is always value in experience, so we’re looking for others to tell us their perspective to help us grow and profit as traders. As professionals, we network with other analysts to get a second opinion on price action. We use multiple chart timeframes to analyze different vantage points in the market, and we use different news events to define market personality. Remember today that no trader is an ‘island’ and we definitely do not know everything. For this reason, take the time today to reach out to professionals around you, and gain a new perspective on your trading. —————————————————————————————
News from Around the Globe Overnight:
– ECB Leaves rates Unchanged this morning @ 745am EST. Press Conference coming at 830am EST
– S&P affirms Germany’s AAA sovereign rating with Stable Outlook
– S&P Ratings cuts Cyprus sovereign rating to ‘BB’; On Watch Negative
– Greek Coalition parties agree on austerity measures timeframe
– Fed gives stronger signals of action
– UK Construction PMI moves back into expansion
– Spain note auction results has no surprises
– S&P Ratings cuts Cyprus sovereign rating to ‘BB’; On Watch Negative
– Greek Coalition parties agree on austerity measures timeframe
– Fed gives stronger signals of action
– UK Construction PMI moves back into expansion
– Spain note auction results has no surprises
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