February 27, 2013
- in Uncategorized by schooloftrade
SchoolOfTrade; Day Trading Strategy Morning Prep
“Would
you like me to give you a formula for success? It’s quite simple; double your rate of failure. You are thinking
of failure as the enemy of success. But it isn’t at all. You can be discouraged
by failure or you can learn from it, so go ahead and make mistakes. Make all
you can. Because remember that’s where you will find success.”— Thomas J. Watson
you like me to give you a formula for success? It’s quite simple; double your rate of failure. You are thinking
of failure as the enemy of success. But it isn’t at all. You can be discouraged
by failure or you can learn from it, so go ahead and make mistakes. Make all
you can. Because remember that’s where you will find success.”— Thomas J. Watson
News for the week:
Global Calendar: Investors will be paying close attention to Fed Chairman Ben
Bernanke’s Congressional testimony on Tuesday and Wednesday, especially after
the strong reaction to the minutes of the FOMC’s last meeting. Key Japanese
data for January will be published at week’s end. And hopefully, we will know
who Japanese Prime Minister Shinzo Abe selects to be his new governor of the
Bank of Japan.
Bernanke’s Congressional testimony on Tuesday and Wednesday, especially after
the strong reaction to the minutes of the FOMC’s last meeting. Key Japanese
data for January will be published at week’s end. And hopefully, we will know
who Japanese Prime Minister Shinzo Abe selects to be his new governor of the
Bank of Japan.
———————————————————————————————————
 |
| Economic News Worksheet |
This morning in our Live Trade Room we begin
another day filled with high-percentage-trading opportunities using economic
news in combination with our 100% mechanical day trading strategy.
another day filled with high-percentage-trading opportunities using economic
news in combination with our 100% mechanical day trading strategy.
When
we combine simple rules to follow with the awareness of Durable Goods Orders to
start our trading day with a BANG we almost can’t lose!
we combine simple rules to follow with the awareness of Durable Goods Orders to
start our trading day with a BANG we almost can’t lose!
This morning we are going to be ready for
early-morning trading opportunities with 8:30am news starting us off, and then we look
forward to trading Crude Oil Inventories to finish the morning session. We only need a few hours of trading today to
hit our profit goals for the day, and we begin at 8:00am EST with our members
in the Live Trade Room.
early-morning trading opportunities with 8:30am news starting us off, and then we look
forward to trading Crude Oil Inventories to finish the morning session. We only need a few hours of trading today to
hit our profit goals for the day, and we begin at 8:00am EST with our members
in the Live Trade Room.
8:00am EST: Live Trade Room Opens
8:20am EST: Gold
& Currency Futures Open
& Currency Futures Open
8:30am EST: Durable Goods Orders [815]
9:00am EST: Crude
Oil Futures Open
Oil Futures Open
9:30am EST: US
Markets Open
Markets Open
10:00am EST: Ben Bernanke Speaks &
Pending Home Sales Index [945]
Pending Home Sales Index [945]
10:30am EST: EIA Petroleum Status Report
(Crude Oil Inventories) [1015]
(Crude Oil Inventories) [1015]
11:00am EST: On-Going Training & Tech-Support w/ Members
12:00pm EST: Lunch Break
———————————————————————————————————
Advanced members
receive LIFETIME Trade-Room Access. Join today.
receive LIFETIME Trade-Room Access. Join today.
===========================================================
