Daily Alert: Thursday 1st November 2018

Mark NugentDaily Alert, Nov 2018

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Daily Alert: Thursday 1st November 2018

As noted at last night’s Q&A Webinar, US equities did fall just before the close as traders booked profits before month end. The rise has continued today. The USD falls as a correction to the last few day’s SOMA activity (the Fed’s asset rebalancing activity that many predicted would need them to buy USD) and the GBP has reacted positively to what has been a confusing Brexit news flow – claims made and then denied by government.

I think tonight’s choice for those not long on equities is to either enter at the close, assuming a bullish Daily candle, or wait for a pullback, probably next week. Remember the mid-terms are looming (6th November).

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[/MM_Access_Decision] [MM_Access_Decision access=’true’]

Daily Alert: Thursday 1st November 2018

As noted at last night’s Q&A Webinar, US equities did fall just before the close as traders booked profits before month end. The rise has continued today. The USD falls as a correction to the last few day’s SOMA activity (the Fed’s asset rebalancing activity that many predicted would need them to buy USD) and the GBP has reacted positively to what has been a confusing Brexit news flow – claims made and then denied by government.

I think tonight’s choice for those not long on equities is to either enter at the close, assuming a bullish Daily candle, or wait for a pullback, probably next week. Remember the mid-terms are looming (6th November).

Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

There is an archive of all VIP Club member’s content on the VIP Club page.

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