August 28, 2012
- in Uncategorized by schooloftrade
Home Sales, Manufacturing Reports, and Bond Sales in US today
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The James’ Report: Day Trading Strategies for Professional Traders
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PERFECT TIMING: It’s not uncommon to hear a professional trader say that one day they had the ‘moment of clarity’ where it all seemed to make sense. Furthermore, many traders regret for not getting to this point faster, thinking to themselves ‘if only I would have known this before’. The key to a successful career in LIFE is to embrace the fact that everything happens for a reason. We may think we know what should happen, but life has a funny way of making plans change on a moment’s notice, only to have us thankful for the way things turned out in the end. None of us can change the past, so we better learn from it, and have the frame of mind to seize the day today because if we don’t, we risk missing out on the best opportunity we have, which is right in front of you TODAY. The best time to learn a new skill, to rekindle an old relationship, set a new goal, is today. ————————————————————————————-
News from Europe & Asia for US Morning Session:
– Japan cuts economic outlook for first time in 10 months on slowing global growth and threatened recovery prospects.
– ECB’s Asmussen: ECB Bond buying plan will go ahead. Short maturities only. Reforms must be implemented.
– Spain Q2 Final GDP YoY revised lower;
– Moody’s meets to decide if Spain gets downgraded to junk with decision expected by mid-September
– Peripheral bond auctions sees lower yields with upper end of amounts sold
– Draghi’s not to attend Jackson Hole leads to risk on with belief bigger things are brewing for Europe
– ECB’s Asmussen: ECB Bond buying plan will go ahead. Short maturities only. Reforms must be implemented.
– Spain Q2 Final GDP YoY revised lower;
– Moody’s meets to decide if Spain gets downgraded to junk with decision expected by mid-September
– Peripheral bond auctions sees lower yields with upper end of amounts sold
– Draghi’s not to attend Jackson Hole leads to risk on with belief bigger things are brewing for Europe
– The major European bourses began Tuesday’s session on a softer note as investors readjusted their expectations that policymakers would act swiftly
to tackle the euro-zone debt crisis but the announcement that ECB’s Draghi would not attend the upcoming Jackson Hole forum provided some risk on sentiment as speculating Europe was on the verge of announcing plans to address the current crisis. The major indices were at the upper end of the session range by mid-morning but still in negative territory.
to tackle the euro-zone debt crisis but the announcement that ECB’s Draghi would not attend the upcoming Jackson Hole forum provided some risk on sentiment as speculating Europe was on the verge of announcing plans to address the current crisis. The major indices were at the upper end of the session range by mid-morning but still in negative territory.
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