May 3, 2012
- in Uncategorized by schooloftrade
ECB Rates & Jobless Claims on Day Trader Radar
Professional traders have a very unique personality; we are driven to succeed, and we don’t let anything stand in our way. We run our own businesses and we have strict rules to operate by. Its no wonder why we can acquire all the materials things we want in life. Beware, this hard-working mindset can sometimes get us into trouble with our emotions. We work hard to acquire cars, houses, toys, and often we allow the thought of what we do NOT have run our lives.
Professionals of any kind must remember that they key to long term happiness in their personal and professional lives is to be happy with what we have, rather than lust after what we do not. Take a break from the action today and think about how far you’ve come in your career, not how much you have left to accomplish. Be thankful for your health, your ability to participate in the markets each day, and the ability to control your own destiny with your trading.
—————————————————————————————
The James’ Report: Day Trading Strategies for Professional Traders
—————————————————————————————
What happened Overnight:
– European equity indices opened the session broadly higher, as most banks started the session in positive territory following better than expected earnings out of France’s SocGen. Following debt sales from France and Spain, indices have continued to trade higher, as the focus of the markets remains today’s ECB decision and Friday’s release of key US employment data.
– ECB meeting to be held in Barcelona, Spain; PM Rajoy meets chief Draghi an hour before today’s monetary policy meeting
– Both France and Spain have little problems selling bonds today
– UK PMI Services the lowest in five months
read the complete morning
prep here
– Both France and Spain have little problems selling bonds today
– UK PMI Services the lowest in five months
read the complete morning
prep here
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