January 31, 2013
- in Uncategorized by schooloftrade
SchoolOfTrade; Day Trading Strategy Morning Prep
Life does not get better by chance. It gets
better by change. –Anonymous
News for the day:
This morning we have a lot of economic news on the calendar,
however, it is most likely that all eyes will be on the Employment Situation news tomorrow
morning at 8:30am EST. We begin with
three events at 830am EST this morning so we will be ready to trade early, and
considering Friday’s Non Farm Payroll report is the biggest news we ever see as
traders, we can assume that the volume and market personality will be dropping
off sharply after 1100am EST this morning so we are watching the clock closely.
8:20am EST: Gold & Currency Futures Open
8:30am EST: Jobless Claims, Personal Income and Outlays, Employment Cost Index,
9:00am EST: Crude Oil Futures Open
9:30am EST: US Markets Open
9:45am EST: Chicago PMI
10:30am EST: Market personality Check
12:00pm EST: Lunch Break
On the Horizon: Friday
@ 8:30am EST = Non Farm Payrolls (Employment Situation)
@ 8:30am EST = Non Farm Payrolls (Employment Situation)
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