chart of the Moscow Interbank Currency Exchange

Here is a chart of the Moscow Interbank Currency Exchange (MOEX) index. You bought a futures contract for this index at a price 0.5% below the current market price. Give answers to the following questions:

  • Where is the stop order?
  • Where will you exit the position?
  • Is it reasonable to buy another futures?

• If the price is going to fall, where is the target of the move?

On this chart of the US dollar futures, you can see that the rate has risen to a multi-year high. Give answers to the following questions:

  • Is it advisable to go short (sell short)?
  • If you already have a dollar futures contract, what actions do you plan to take?
  • Should I go long (game to increase) and buy futures at a multi-year high?