June 8, 2012
- in Uncategorized by schooloftrade
Economic News Strategy for Friday
News overnight from Germany and Spain are both bearish, with
concerns over the banks in Spain and the trade balance in Germany. This is making new higher-highs on the dollar
index which has pushed everything lower.
concerns over the banks in Spain and the trade balance in Germany. This is making new higher-highs on the dollar
index which has pushed everything lower.
Looking over the news on the schedule for today
we can see the major news at 830am EST will give us the windows of opportunity
from 830am to 1030am EST this Friday morning.
We need to have a good reason to be trading after 11am EST on a Friday. There is no news on Saturday so we know the
market will not be worried about news tomorrow.
