Thought id put a piece out as my guide for the week for how to trade the 23rd UK EU Referendum vote.
IMO the first rule and most important is - DONT TRADE THE VOTE.
Trying to guess the answer is like trying to win the lottery, so instead i advise taking a position on the volatility , as volatility doesnt discriminate, it trades both ways.
Trading the...
Wanted to post a quick message telling people to sell the rally for 100-200 pips dependant on how quickly you get on the short..
Volatility is trading lower (as we expect in a rally) however it WILL pick up again/ reverse once it bottoms out - which i think is now!
The trend for all GBP pairs is LOWER hence dont fight the trend with longs INSTEAD when you see...