July 16, 2012
- in Uncategorized by schooloftrade
Monday morning starts early, OPEX and Crude Oil Rollover on our Radar this week
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The James’ Report: Day Trading Strategies for Professional Traders
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Gift and Curse; Professional traders all possess one thing in common, which can both help and hurt their chances for success. Hard work and determination come easy to a day trader, we are all focused on our goals, but sometimes we take that desire a little too far. This much freedom to operate as we wish can lead to over-complicated trading plans, personal and professional lives that are simply too complicated to manage without stress and worry. If you’re feeling overwhelmed in your world today, take a moment and look for ways to simplify it. Find ways to make your day easier, more productive and enjoyable today and find your trading career take off along with it!
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News from Around the Globe Overnight:
– China Premier Wen: Economic rebound not yet stable; Hardship may continue for a period of time
– EU as fragmented as ever ahead of Friday’s Finance Minister meeting. ECB now advocates losses on holders of senior bonds while Ecofin disagrees. German Chancellor Merkel says liability not yet decided
– German Constitutional Court to announce ESM and Fiscal Compact decision on Sept 12th
– EU as fragmented as ever ahead of Friday’s Finance Minister meeting. ECB now advocates losses on holders of senior bonds while Ecofin disagrees. German Chancellor Merkel says liability not yet decided
– German Constitutional Court to announce ESM and Fiscal Compact decision on Sept 12th
– European equity indices opened the session broadly lower, led by losses in Spain. Banks have traded mixed, as the credit default swaps (CDS) of some Spanish banks have moved wider, as the ECB declined to comment on reports that it had called for losses for senior bondholders of the weakest banks in Spain. Laggards in the banking sector include Barclays and Santander. Mining shares are broadly weaker, tracking the declines in commodity prices and Chinese equities. Looking ahead, US bank Citigroup is due to report quarterly earnings later today.
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