Saturday, March 15, 2014

Economic Data for this week

We trade the trends. How simple can it be? Well the Market has their own opinion and this week, we got big data coming in that can be a directional parabolic moves. Industrial Productions, Housing Starts, FOMC (Fed decision), Jobless Claim, Philadelphia Fed Survey and Existing Home Sales.

How do we trade them? Since many novice traders are going to be trading. We will trade after the fact and not before. These are the things that we need to discipline ourselves, and not speculate and lose our money! Please have these dates and times in your notes and see how much movements we will be having because of their data

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