Trading Plan 03/12/2018

The big picture: The market is preparing a move.

The Big 20 Summit was held and the United States and China agreed to stop the trade war for 60 days to hold talks,which is positive for the markets.

A new week with headlines from the US, highlighting the most Important of ADP Employment Report and Beige Book Fed Report on wednesday and nonfarm on Friday.

Question: Will there be a Fed rate hike in December?

Next week — that is, in a week — the most important news will be the vote in the British Parliament on an agreement with the EU (December 11, according to plan), and a decision by the ECB (December 13).

Pound:

We are ready to buy from 1.2850.

We are ready to sell from 1.2720.

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The material has been provided by InstaForex Company - www.instaforex.com