July 2, 2012
- in Uncategorized by schooloftrade
Traders react to EU Summit, Prep for 10am EST Economic News
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The James’ Report: Day Trading Strategies for Professional Traders
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The Trader’s Journey; A professional trader goes through many phases of their careers, and even though every person has a different story to tell, they are always consistent with other traders. Think of where you are today, where you’ve been in the past, and where you’re working hard to be in the future with your trading career. This experience has been marked by traders before us, leaving us their paths in the markets, telling us how to trade more effectively, with less risk and more reward. We have access to learning from this trader’s journey every day if we look close enough. Right now there’s someone teaching you based on their experiences along their journey, trying to help you along your way as well. Find that person in your trading career and ask them for guidance, ask them for help along the path to trading success. —————————————————————————————
News from Around the Globe Overnight:
– China official PMI data
– Session saw slight upward revisions the major European PMI Manufacturing data
– Peripheral yields continue to tighter following last week’s EU Leader Summit
– Spain 2-year yield moves below 4% for the first time in over a year
– Session saw slight upward revisions the major European PMI Manufacturing data
– Peripheral yields continue to tighter following last week’s EU Leader Summit
– Spain 2-year yield moves below 4% for the first time in over a year
– European equities continued to move higher following last week’s EU Leader Summit agreement on its Roadmap. Various bourses hit two-month highs in the session aided by upward revisions in the European Manufacturing PMI data. There remained headwinds to optimism as the Chinese data PMI reminded of the difficulties in global growth
