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Posted by Joseph James


Head Trader at SchoolofTrade.com. Motivator, Trader, Fund Manager and Educator. Joseph focuses on intra-day trading of crude oil, E-mini Russell, Gold, and Euro and his network of traders covers all corners of the industry.

SchoolOfTrade; Day Trading Strategy Morning Prep

by Joseph James on February 25, 2013

in Commodities, Technical Analysis

“Success consists of going from failure to failure without loss of enthusiasm.”
–Winston Churchill
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.
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Economic News Worksheet for this week
This morning in our Live Trade Room we open a new week of trading opportunities with a Monday morning day trading strategy that will have us staying patient early in the trading session, and looking forward to traders reacting to the news at 1030am this morning.  

We have plenty of time to get ready for a big week ahead, so wait for the best  trading opportunities to come today between 9:30 and 11:30am EST as traders return to their desks after the weekend.

8:00am EST:         Live Trade Room Opens
8:20am EST:         Gold & Currency Futures Open
8:30am EST:         Market personality Check
9:00am EST:         Crude Oil Futures Open
9:30am EST:         US Markets Open
10:30am EST:     Dallas Fed Mfg Survey [1015]
11:00am EST:       On-Going Training & Tech-Support w/ Members
12:00pm EST:       Lunch Break
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Advanced members receive LIFETIME Trade-Room Access.  Join today.
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