June 27, 2012

FENG SHUI For Professional Day Traders


FENG SHUI for Traders;  We are all a by-product of our surroundings,   from the desk we work at, to the temperature in the office and the pictures on the wall.  In addition, the people we associated with as traders has a big impact on who we become as traders.  It’s no secret that we can manipulate our emotions and self-image by making small changes to our surroundings, and as professional traders these small adjustments mean BIG profits in the long term of our career.  Professional traders must take the time to manage their surroundings;  make sure your trading workstation is ergonomically sound, and in an environment that YOU find uplifting and motivating.  How is your Trader’s FENG SHUI today?
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News from Around the Globe Overnight:
– JPY: Asian equity markets had little direction ahead of the EU Summit. Hopes are not high for a concrete outcome from the EU meeting, however markets settled into their cautious mode.
– Speculation continues in Chinese press that China will take easing steps within the next 1-2 months. 
– EUR:  Equity indices opened the session broadly higher, tracking yesterday’s gains for US equities. Financials had a positive open, led by Italian banks
– German official clarifies German Chancellor Merkel alleged ‘drop dead’ comments on Eurobonds
– Egan-Jones cuts Germany Sovereign on Tues to A+ from AA- (Note: the 3 majors have Germany at AAA, Outlook stable)
– French 2012 GDP growth to remain sluggish 
– Spain Q2 GDP contraction to be worse than Q1
– France, propose supervision of euro-zone banks be transferred to a European supervisor, possibly ECB
– German public banks group said to have rejected euro Bonds and Euro-wide deposit guarantees

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