Thursday, August 22, 2013

Thursday Morning Prep; SchoolOfTrade.com Day Trading Strategy

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This morning we have another exciting trading opportunity ahead of us with the markets reacting to Wednesday’s FOMC Meeting Minutes report and a day filled with major economic news.

We begin this morning with Red-Star news from Jobless Claims at 8:30am EST which is always sure to get the price-action moving for us at the start of our Live Trade Room.

Almost immediately after the release of Jobless Claims we have news coming from the PMI Manufacturing Index and the FHFA House Price Index at 9:00am EST.  Both of these reports will be watched closely, and we expect to see many high-percentage-trades during this time.

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