June 7, 2012
- in Uncategorized by schooloftrade
Economic News Prep:
What happened
overnight?
overnight?
We have mixed news from Europe, no real consistency in either
bullish or bearish. We saw the Italian
Bonds being consumed by the ECB, but that’s about it.
bullish or bearish. We saw the Italian
Bonds being consumed by the ECB, but that’s about it.
What’s on tap for
today? (US Morning Session)
today? (US Morning Session)
Early morning Jobless Claims will get us started early before
the US Open @ 930am EST.
the US Open @ 930am EST.
Bernanke on the mic at 1000am EST we may never see this day
rebound after 10am. So the price action
may be great from 830-1030am EST and if Big-Ben slows everything down we may
NOT get anything else.
rebound after 10am. So the price action
may be great from 830-1030am EST and if Big-Ben slows everything down we may
NOT get anything else.
Our plan this morning
is to get started early, take advantage of the early news, and then be ready to sit on hands
around 10am EST while we wait to see the market’s reaction to Bernanke.
is to get started early, take advantage of the early news, and then be ready to sit on hands
around 10am EST while we wait to see the market’s reaction to Bernanke.
What’s on schedule for
this evening or tomorrow?
this evening or tomorrow?
There’s nothing on the calendar for this evening
that means much to us traders, and tomorrow is a Friday so we know it’s week
end, but there isn’t much on the Friday morning schedule that would cause
traders to stop trading early today.
