Trading Plan: Monday 18th March 2019

Mark NugentMarch 2019, Trading Plan

Trading Plan: Monday 18th March 2019

Another interesting week for the GBP as we have a possible Meaningful Vote 3 tomorrow and the EU Summit towards the end of the week. I believe the risks to the GBP are skewed to the upside as we will either see PM May’s Withdrawal Bill passed or, if not passed, a long Article 50 extension. The market will view both of these positively. The downside risk, exiting with no deal, is much less likely to happen. I discuss which pairs to look at to trade this skewed risk scenario.

We also have the Fed Funds Rate on Wednesday. I look forward to seeing the dot plot which should show a convergence between the Fed members (2 or 3 hikes in the last dot plot) and the market (no hikes this year).

Have a great week and I’ll be back tomorrow.

[MM_Member_Decision isMember=’false’]

To see the video, members can login HERE.

If you would like a free trial to the VIP Club you can find out more HERE.

[/MM_Member_Decision] [MM_Member_Decision membershipId=’1′]

To see the video, members can login HERE.

If you would like a free trial to the VIP Club you can find out more HERE.

[/MM_Member_Decision] [MM_Member_Decision membershipId=’3|4′]

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.

[/MM_Member_Decision]