Market Trade Plan for the Week of November 13th, 2017

Market Trade Plan for the Week of November 13th, 2017


Monday mid-day, Jack Gleason founder of Major League reviews his trade plan for the coming week beginning on November 13th, 2017, identifying what markets he will be watching for possible trading opportunities and covering upcoming news that could potentially impact markets. Additionally, key technical levels of support & resistance for the following markets will be something you want to be dialed into:  Nasdaq, Crude Oil, Corn and USDCAD

Focus today will be Nasdaq which was the strongest last week of the US indices on a 5 day and 10day period. The Crude Oil which had a nice run higher and has run into a bit of consolidation but looking for a potential pullback.  Corn had a nice break last week on the crop report and close to the lows of the year but looking for a possible retest of previous support as resistance now at 345.75 as an alert level. Finally, the USD/CAD which had a nice move higher and the recent selling will be looking for levels of support for potential trades. 


Tuesday, November 14th

6:00 am- ECB President Draghi speaks (EUR), BOE Gov Carney speaks (GBP), BOJ Gov Kuroda Speaks (JPY), Fed Chair Yellen Speaks (USD)

9:30 am- PPI m/m (USD)


Wednesday, November 15th

5:30 am - Average Earnings Index 3m/y (GBP)

9:30 am - CPI m/m, Core CPI m/m, Core Retail Sales m/m, Retail Sales m/m (USD)

11:30 am- Crude Oil Inventories (USD)

8:30 pm - Employment Change, Unemployment Rate (AUD)


Thursday, November 16th

5:30 am- Retail Sales m/m (GBP)

9:30 am- Unemployment Claims (USD)

10:00 am- BOE Gov Carney Speaks (GBP)


Friday, November 17th

4:30 am- ECB President Draghi Speaks (EUR)

9:30 am- CPI m/m (CAD), Building Permits (USD)



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.