January 17, 2013

SchoolOfTrade; day trading strategy morning prep

“The
greatest mistake you can make in life is to continually fear you will make
one.” -Elbert Hubbard

This morning in the US trading session we have early morning
news at 8:30am EST to get the day moving ahead of the US-open at 9:30am EST.  We also have 10:00am EST news that should
keep the market personality moving for us throughout the morning session here
in the US.  It will be important for us
to set our reminders this morning to trade around this news, and if we find
ourselves in an open trade when the news is released remember to protect
capital first with a trailing stop-loss.
8:30am EST:       Jobless Claims & Housing Starts
10:00am EST:     Philadelphia Fed Survey
11:30am EST:     LIVE Forex Training Webinar (Members Only)

Contract Rollover Alert:  Crude Oil 02-13 is sharing volume this morning with its next front-month 03-13 and we will be watching for this contract to rollover.  

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