Where Futures Lies
Daily Futures Trading Strategy 5 November 2018
Futurescoin
Publish date: Mon, 05 Nov 2018, 10:25 AM
Futurescoin
0 3,350
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Gold slipped on Friday as the U.S. dollar regained some ground on the back of strong American job data, putting the metal on track for its first weekly loss in five weeks.
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Plan B : Cut above 1238
Plan D : Cut below 1222.1
U.S. stocks snapped a three-day rally on Friday as Apple shares dropped following a disappointing forecast and the White House dampened optimism over U.S.-China trade talks.
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Plan A : Attempt buying if market supported well above 1713
Plan B : Cut below 1709
Plan C : Consider selling if market surges but fails to break above 1729
FCPO
Plan A : Sell if market fails to support above 2151. Targets are 2142 and 2132.
Plan C : Above 2151, no fresh position
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective invesability of that investment.
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