January 24, 2013

SchoolOfTrade; day trading strategy morning prep

“One of the marks of excellent people is
that they never compare themselves with others. They only compare themselves
with themselves and with their past accomplishments and future potential.”
– Brian Tracy 
News for
the day:

This morning we see a lot of economic
news on the US calendar, with Jobless Claims starting us off early
and Crude Oil Inventories finishing
up the morning session at 11:00am EST.  

We know that with Monday’s MLK-Holiday the news has been pushed back to
this morning so we will expect to see some of the best price-action of the week
between 8:30am and 11:30am EST today.  As
always, we will be prepared in our live trade-room with our members.
8:20am EST:             Gold
& Currency Futures Open
8:30am EST:             Market
personality Check
8:30am EST:            Jobless
Claims 815
8:58am EST:            PMI
Manufacturing Index Flash 845
9:00am EST:             Crude
Oil Futures Open
9:30am EST:             US
Markets Open
10:30am EST:           Market personality Check
11:00am EST:         EIA Petroleum
Status Report (Crude Oil Inventories) 1045
12:00pm EST:          Lunch Break
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