October 2, 2012
- in Uncategorized by schooloftrade
Patience and discipline to follow trading plan; no major economic news
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The James’ Report: Day Trading Strategies for Professional Traders
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The Trader’s Journey; A professional trader goes through many phases of their careers, and even though every person has a different story to tell, they are always consistent with other traders. Think of where you are today, where you’ve been in the past, and where you’re working hard to be in the future with your trading career. This experience has been marked by traders before us, leaving us their paths in the markets, telling us how to trade more effectively, with less risk and more reward. We have access to learning from this trader’s journey every day if we look close enough. Right now there’s someone teaching you based on their experiences along their journey, trying to help you along your way as well. Find that person in your trading career and ask them for guidance, ask them for help along the path to trading success. News from Europe & Asia for US Morning Session:
– Unemployment in Spain continued to rise in Sept
– Spanish bonds outperform, as bailout speculation persists
– EUR/USD remains in 1.28-1.30 range ahead of Thursday’s ECB meeting
– AUD under-performs following RBA rate cut, bond market reaction more subdued.
– Spanish bonds outperform, as bailout speculation persists
– EUR/USD remains in 1.28-1.30 range ahead of Thursday’s ECB meeting
– AUD under-performs following RBA rate cut, bond market reaction more subdued.
-European equity indices opened the session lower, following the gains seen on Monday’s session. Markets have since pared losses, amid the decline in Spanish bond yields. The best performing index on today’s session has been Spain’s IBEX-35, followed by the Italian FTSE MIB. European banks are trading mixed, as UK and French financials have under-performed while German banks are outperforming. Resource related firms are trading mostly higher, tracking the gains in oil and copper prices.
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Complete Morning Prep for Day Traders Here
Complete Morning Prep for Day Traders Here
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