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AMANDA CASTLE DAILY TRADING IDEAS

GBP/USD 1.24430 17:20 22.02
EUR/USD 1.05615 17:20 22.02
OIL-APR17 (BRENT) 55.815 17:15 22.02
ALIBABA 104.870 17:15 22.02
AUD/USD 0.76832 17:15 22.02
AUD/JPY 87.185 17:15 22.02
SILVER 17.963 17:15 22.02
GOLD/EUR 1167.045 17:15 22.02
OIL-MAR17(WTI CRUDE) 53.980 17:15 22.02
GOLD 1232.476 17:15 22.02
EUR/JPY 119.846 17:15 22.02
USD/JPY 113.478 17:15 22.02
GBP/USD 1.24423 17:10 22.02
EUR/USD 1.05583 17:10 22.02
BitCoin/CNY 7487.500 17:00 22.02
USD/MXN 19.919 17:00 22.02
WELLS FARGO 58.325 17:00 22.02
USD/CHF 1.01100 17:00 22.02
OIL-APR17 (BRENT) 55.725 17:00 22.02
TOYOTA (US) 114.275 17:00 22.02
SONY 31.285 17:00 22.02
COLGATE-PALMOLIVE 73.035 17:00 22.02
FIAT CHRYSLER 11.35 17:00 22.02
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Since the last U.S Jobs data report the November results showed in an increased gain of 184,000. ADP, the non farm processing firm expects another increase of at least 173,000. Many reports are showing results that can affect the Federal Reserve tampering its stimulus program in upcoming months. In addition, the U.S. Census Bureau showed new results in home sales, rising about 25.4% this season, and touching to a four month high. All of these reports have affected Gold tremendously pushing down to five-month low in recent sessions, but a mix of bargain hunting occurred for most traders on Wednesday.

Gold and the Dollar tend to trade inversely with one another, as the Dollar holds strong this week against other currencies. Answers will only come on Friday as we wait for the Bureau of Labor Statistics to release the official November jobs report.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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