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Old 05-08-2007, 12:18 PM
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Re: First time trading the YM
Quote:
Nick1984
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Could have gone worse i guess. Something keeping the markets a bit stagnant in the US now?
Nick - step 1 of trading the US indexes - check all econ reports coming out that day/week.

http://online.barrons.com/public/pag..._econoday.html

Step 2 - learn the importance of reports - some are more important that others. For example, we have FOMC on Wed. That is a HUGE report. Seeing the calm before the storm should not surprise anyone.

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