We are traders and masters of risk. When you become pro you stop over analysing and all you do is sit there, and wait, and wait, and wait some more until you find the perfect trade. What I am saying is that the market makes all the decisions. Our only decision is to listen, feel, and respond to the market’s siren. Always and without exception. Remember, the market never lies. It is only we who lie to ourselves.
Monday, March 11, 2013
Looking Ahead: March 11 through March 15, 2013
Five of the major central banks met — all left their respective monetary policies unchanged as expected. Data were mixed but there were promising improvements in China’s exports, Japan’s GDP and U.S. employment.
Data next week focuses on merchandise trade and industrial production data for the most part. Australia’s labour force survey will be parsed carefully by equity and foreign exchange markets. The U.S. begins daylight savings time on Sunday, March 10, 2013.
Subscribe to:
Posts (Atom)