Weekly Market Trading Plan for October 16, 2017

Weekly Market Trading Plan for October 16, 2017


Recorded Sunday evening, Jack Gleason founder of Major League Trading reviews his technical trade plan for the coming week beginning on October 16th through October 20th, 2017 identifying markets with possible trading opportunities and covering upcoming major news announcements that could potentially impact these markets.

News for this week that we will be following: 


 8:30 pm   Monetary Policy Meeting Minutes (AUD)



4:30 am        CPI y/y (GBP)

6:15 am      BOE Gov Carney Speaks (GBP)



4:10 am      ECB President Draghi Speaks (EUR)

4:30 am     Average Earning Index (GBP)

8:30 am     Building Permits  (USD)

10:30 am   Crude Oil Inventories (USD)

8:30 pm      Employment Change & Unemployment Rate (AUD)



4:30 am        Retail Sales m/m  (GBP)

8:30 am        Unemployment Claims  (USD)              



8:30 am      CPI m/m & Core Retail Sales m/m (CAD)

7:30 pm       Fed Chair Yellen Speaks (USD)


Additionally, key technical levels are covered for support & resistance in the following markets: USD/CAD, AUD/USD, Crude Oil & Gold

The information contained above may have been prepared by independent third parties contracted by Nadex. In addition to the disclaimer below, the material on this page is for informational and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument on Nadex or elsewhere. Please note, exchange fees may not be included in all examples provided. View the current Nadex fee schedule. Nadex accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representations or warranties are given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk and any trading decisions that you make are solely your responsibility. Trading on Nadex involves financial risk and may not be appropriate for all investors. Past performance is not necessarily indicative of future results. Nadex contracts are based on underlying asset classes including forex, stock index futures, commodity futures, cryptocurrencies, and economic events.

Trading can be volatile and investors risk losing their investment on any given transaction. However, the design of Nadex contracts ensures investors cannot lose more than the cost to enter the transaction. Nadex is subject to U.S. regulatory oversight by the CFTC.