January 23, 2013

SchoolOfTrade; day trading strategy morning prep

“You may encounter many
defeats, but you must not be defeated. Please remember that your difficulties
do not define you. They simply strengthen your ability to overcome.” -Maya
Angelou
News for the day:

This morning’s
economic news calendar is light, with news at 9:00am EST just before the open
of US-markets this morning at 9:30am EST. 
This tells us that patience will be key this morning in the pre-market,
so we will be paying close attention to our trading plan and being ready for high-percentage-trades
after 9:00am EST.
8:20am EST:             Gold
& Currency Futures Open
8:30am EST:             Market
personality Check
9:00am EST:             FHFA House
Price Index (845)
9:00am EST:             Crude
Oil Futures Open
9:30am EST:             US Markets Open
10:30am EST:           Market personality Check
12:00pm EST:          Lunch Break
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members receive LIFETIME Trade-Room Access. 
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