traders prep for Monday retail sales to get the week moving

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The James’ Report:  Day Trading Strategies for Professional Traders

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Every professional trader has to start their learning process somewhere, and every successful trader has seen hundreds of small accomplishments add up to amazing results in the long term.  As professional traders we know that the little things we do every day are the most important aspects of our trading careers, so every day we begin by focusing our minds on what matters most, which is the next 6-inches in front of us.  Make the most of what your ‘job’ is this morning and see remarkable results in the future. 

Crude Oil Futures

Gold futures

E-Mini-Russell Futures

Euro Currency Futures

Day trading strategies

***Notes/Observations from around the world***

– Following the sharp losses seen on Friday’s session, European equity indices opened the week broadly lower and are currently trading mixed. Although most indices are currently higher, Spanish equities have underperformed , amid weakness in the banking sector, as the country’s 10-yr government bond yields and credit default swaps have been elevated on the session. Overall, European banks are mostly lower, with the weakness being led by French banks. According to some dealers the weakness in French bank’s has been partially attributed to uncertainty related to the country’s presidential elections due to be held in April and May. Additionally, it was reported in the financial press that Moody’s is considering downgrading the ratings of more than 100 European banks in early May, after the ratings agency originally announced the review back in February. Resource- related companies are trading slightly higher following Friday’s losses, supported by analysts commentary.