Im just wondering if there is a good way to play the upcoming
vote in Brittan. If the vote to leave is positive will the
dollar likely go up ( and gold down)? Or, maybe the TNX would
be would be a likely instrument. Does anyone have thoughts on
this?
Consider shorting the GBPUSD above 14600 with a stop above this
year's high on the daily closing basis. It will be a very volatile
affair, so you need to have done it before, as moves of 3% a day
are not unusual.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Brexit Play?
Posted by lhartell on 6th of Jun 2016 at 08:28 am
Im just wondering if there is a good way to play the upcoming vote in Brittan. If the vote to leave is positive will the dollar likely go up ( and gold down)? Or, maybe the TNX would be would be a likely instrument. Does anyone have thoughts on this?
Consider shorting the GBPUSD above
Posted by junkie on 6th of Jun 2016 at 08:41 am
Consider shorting the GBPUSD above 14600 with a stop above this year's high on the daily closing basis. It will be a very volatile affair, so you need to have done it before, as moves of 3% a day are not unusual.