January 16, 2013
- in Uncategorized by schooloftrade
SchoolOfTrade; day trading strategy morning prep
“The
remarkable thing we have is a choice every day regarding the attitude we will
embrace for that day. We cannot change our past… We cannot change the fact
that people will act in a certain way. We cannot change the inevitable. The
only thing we can do is play on the one string we have, and that is our
attitude.” -Charles Swindoll
remarkable thing we have is a choice every day regarding the attitude we will
embrace for that day. We cannot change our past… We cannot change the fact
that people will act in a certain way. We cannot change the inevitable. The
only thing we can do is play on the one string we have, and that is our
attitude.” -Charles Swindoll
Economic News Today
This morning in the
US trading session we have a lot of economic news on the calendar we need to be
aware of. Remember that we are
setting our alarm 15 minutes ahead of each news event, and then staying very patient
not to enter into new trades ahead of the news.
We also need to remember to protect that capital first if you find
yourself in a trade during the news. Tighten
your stop-loss and take early profit if you find yourself in a trade during
these times today. Follow the plan!
US trading session we have a lot of economic news on the calendar we need to be
aware of. Remember that we are
setting our alarm 15 minutes ahead of each news event, and then staying very patient
not to enter into new trades ahead of the news.
We also need to remember to protect that capital first if you find
yourself in a trade during the news. Tighten
your stop-loss and take early profit if you find yourself in a trade during
these times today. Follow the plan!
8:30am EST Consumer Price Index
9:00am EST Treasury International Capital
9:15am EST Industrial Production
10:00am EST Housing Market Index
10:30am EST EIA Petroleum Status Report (Crude
Oil Inventories)
Oil Inventories)
12:00pm EST Lunch
2:00pm EST Beige Book
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