Thursday Morning Prep; SchoolOfTrade.com Day Trading Strategy

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“It is a paradoxical but profoundly
true and important principle of life that the most likely way to reach a goal
is to be aiming not at that goal itself but at some more ambitious goal beyond
it.” –Arnold Toynbee

This morning is the beginning of a new month
of August and we have a LOT of major news reports to get us trading today. We
are excited to welcome this final summer-month and get started trading today at
8:00am EST with our members!

On Wednesday afternoon we saw
the FOMC Report, which can be read here. We
can assume this morning will be a lot of reaction to this report as traders
come back to their desks and start to plan their trades for the rest of 2013.

We begin this morning with a Red-Star news
event at 8:30am EST. Jobless Claims will always be on the majority of
traders’ radar screens and we know ANY Red-Star news event will be great for
high-percentage-trades. Be ready this
morning for our first trading opportunities to start shortly after this news is
released.

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Prep

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