June 12, 2012
- in Uncategorized by schooloftrade
OPEC Monthly Report, Import/Export Prices, and Bearish News from GBP
Professional traders have mastered the skill of following their trading plan 100% of the time, which allows them to avoid worrying about every little tick of the market, but rather focusing on the bigger picture how they have traded over a week, month, and quarter at a time. The wise trader knows there will be chaotic times in our careers, and when that occurs we must re-focus our minds on the fact that if we follow our plan, a set of rules for us to follow each time we trade, we can avoid getting caught up in every little hiccup along the way, and be rewarded with long term success. Do you have your trade plan today? —————————————————————————————
The James’ Report: Day Trading Strategies for Professional Traders
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Around the Globe Overnight:
– Crude hits 8 month lows ahead of Thursday OPEC meeting.
– OPEC Revises the demand for 2012 slightly higher, up .02%, with global supply dropping by -75k barrels.
– Manufacturing & Industrial Production LOWER from GBP this morning
– Traders in the US Prepare for US Treasury Budget News later today
– Spanish 10-year yield nearing EMU record levels
– IMF: JPY currency moderately overvalued
– IMF: JPY currency moderately overvalued
– Los Angeles Kings Win their First Stanley Cup in 45 years in LA, with only the 2nd American-Born Capitan in the history of the Cup.
– Greek Elections set for this Sunday the 17th of June
– Next week is Quadruple Witching week for professional traders, considering the first day of the month of June was a Friday.
