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In or Out for UK

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9 years 9 months ago #13891 by remo
In or Out for UK was created by remo
The markets will get interesting next week as crazy moves can be expected.
Im planning on shorting the pound if we leave the euro with big stop loss.
Gonna go long on pound if we stay with big stop loss.
Im not gonna trade before the out come as the pound will be moving up and down like a yoyo so be very careful second guessing the out come.
I expect the ftse to go down big time if we leave and if we stay then a bounce.

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9 years 9 months ago #13892 by remo
Replied by remo on topic In or Out for UK
interesting neutral perspective

www.mse.me/eu

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9 years 9 months ago #13894 by Amo
Replied by Amo on topic In or Out for UK
Hi Remo, which currency would you trade the pound against?

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9 years 9 months ago #13895 by remo
Replied by remo on topic In or Out for UK
I would trade the dollar.

If UK leave EU then short but if they remain in then go long, very risk though because of the volatility.

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9 years 9 months ago #13897 by Wreckless Eric
Replied by Wreckless Eric on topic In or Out for UK
Ya if out, FTSE 100 down then up if £ tumbles as most earn income overseas?

Good for traders short then long?

If out change of political leaders to add to the turmoil?

Undecideds to vote?

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9 years 9 months ago #13898 by Trendfriend
Replied by Trendfriend on topic In or Out for UK
uk.businessinsider.com/deutsche-bank-not...ropean-stocks-2016-6

It will be a unique event, no one knows for sure how the market will react whatever the rsult......i think a brexit or no brexit, these markets needs to be dump hard, before a new bull run imho....

Deutsche bank think ftse will out preform on a brexit

ATB dyor,
Trendfriend

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