Trading Plan 11/27- 12/01/2017
November 27, 2017 9:23 amVideo
Latest News
- Forecast for EUR/USD on June 4, 2024 June 4, 2024
- Forecast for GBP/USD on June 4, 2024 June 4, 2024
- Forecast for USD/JPY on June 4, 2024 June 4, 2024
- Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday June 04, 2024. June 4, 2024
- Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Tuesday June 04, 2024. June 4, 2024
- Overview of GBP/USD on June 4. The US ISM index failed miserably June 4, 2024
- Overview of EUR/USD on June 4. ECB meeting – “pseudo-key” event of the week June 4, 2024
- CFTC report: dollar remains under pressure June 4, 2024
- Technical Analysis – Are there any bullish signals in the US 500 index? June 3, 2024
- Analysis of GBP/USD pair on June 3rd. The British pound could not help but take advantage of the situation June 3, 2024
- Technical Analysis – USDCHF builds base around 0.9000 June 3, 2024
- EUR/USD. What to expect from the ISM index in the US? June 3, 2024
- USD/JPY: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- GBP/USD: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- EUR/USD: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- GBP/USD: trading plan for the US session on June 3rd (analysis of morning deals). The pound collapsed after a weak report June 3, 2024
- EUR/USD: trading plan for the US session on June 3rd (analysis of morning deals). The euro fell after weak PMI indices June 3, 2024
- Weekly Technical Outlook: 03/06/2024 – USDJPY, EURUSD, USDCAD June 3, 2024
- EUR/USD. June 3rd. Bulls are not retreating and await support from the US June 3, 2024
- GBP/USD. June 3rd. Bears remain weak, while the pound rises alongside the euro June 3, 2024
Trading Plan 11/27- 12/01/2017
The general picture: Bitcoin broke through the ceiling, the euro rose and there is news this week.
The focus of investors, of course, was on bitcoin. In the weekend, bitcoin rose by 20%, an unbelievable rally . Ruthlessly shortstopped – well, and rightly so, to climb on selling on such a schedule – this is for the common folk.
On Monday morning, the price of bitcoin was at 9700 dollars.
If it is serious- it is necessary to shortstop. Before the reversal, there will first be a strong pullback downward – not less than $ 2,000. There are many who want to buy, they will buy and drag bitcoin into “last growth.” And here one can start to sell gently, not far from the highs – but with a not very distant stop behind the high – and it’s better to start the first selling for a high, but with a short stop.
EURUSD: Our recommendations were not ill-advised – you can lock in the profits right now.
The Euro will probably continue to grow, but now it is very likely to rollback.
Buy euro from 1.1865
On Tuesday at 2.00 pm London time, Jerome Powell, the future head of the Federal Reserve, will speak at a hearing in the Senate Banking Committee.
On Wednesday, the report “The Beige Book” of the Fed (at 6.00 PM London time) and US GDP at 12.30 PM London time will be published.
GBPUSD:
Buy for a breakthrough of 1.3360
The material has been provided by InstaForex Company – www.instaforex.com
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