May 11, 2012

Traders prep for Producer Prices & Consumer Sentiment to finish the week


Professional traders understand that the markets we trade speak every language, they can be read by both young and old alike, and give anyone that listens the opportunity to learn and profit from its opportunities.  The markets don’t care if we’re a rookie or a wise veteran, and the price action clues cross over all languages giving anyone the opportunity they need to be successful beyond their greatest dreams if they only can listen to what the markets are telling us. 
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The James’ Report:  Day Trading Strategies for Professional Traders
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What happened Overnight:
– Safe haven flows help US Treasuries head for 8th consecutive weekly gain (longest streak since 1998)
– China CPI registers its third consecutive monthly decline; Retail sales and Industrial Production data come in below expectations
– India Industrial Production contracts in March
– Last chance for Greek coalition govt to be formed otherwise its new elections next month
– JPM discloses loss on synthetic credit portfolio
Prepare for your trading
with these charts today:
Crude Oil
Futures
Gold
futures
E-Mini-Russell
Futures
Euro
Currency Futures

    schooloftrade

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