March 30, 2012

EU Leaders Meet today while traders prep for Personal Income & Consumer Sentiment News

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The James’ Report:  Day Trading Strategies for Professional Traders
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None of us can change the past, and worrying about it does nothing but disrupt our future; the most important thing a trader can do is embrace today, live in the moment, and learn as much as we can with the resources we have in front of us today.
***Notes/Observations from around the world***
– Quarter end with likely thinning liquidity conditions, traders beware today.

– European shares snapped out of a three-day losses streak and are trading in positive territory. In Europe, finance ministers will meet in Copenhagen and are expected to agree on a €800B amount for the firewall, as suggested by Germany.
– Eurogroup meets today to decide on firewall (range between €700-940B)
– Australia posted better than expected loans and housing data
– Japan Feb Industrial Production data weaker than expected
– Dealers note that China release of April Manufacturing PMI over the weekend is perhaps more important than next week’s RBA decision
– CNY currency weakened against the USD on a quarterly basis (first time since 2009) 
– NY Mega Lotto has retirement written all over it!!!! (over $500M prize)

Read the Complete Morning Prep for Professional Traders Here

    schooloftrade

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