So it is the day of. The day of no return. The day we find out what we all knew to be true from the start...... The UK is going to STAY. So, during the build up this morning, DO expect 100-150 PIP swings. DO expect havoc on open trends. Fake breakouts. Fake reversals. The moment the word "Remain" is uttered get ready for the largest move up in price for GBPUSD...
Don't lose out, don't try to get too clever. The direction right now is DOWN to fill the void of the recent spike. Will the UK stay or leave? Don't know, don't actually care. All that matters is that we monitor and FOLLOW the patterns of price. Should the UK remain hit the reverse upward trend as of tomorrow when the referendum is done. Should the UK leave keep...
We will see a massive spike upwards. Then see a massive fall down. A squeezing of the price. A condense low static run way way down at the bottom of the range (1.40 or below) From there it's all about Leave or remain. Either way we will see MASSIVE movement. Lets not try to predict the future. Just try to follow it www.stbinary.com
After scalping out over 400 pips this week alone it is clear to see that truly what we have here is an opportunity to continue to rake some profit in. On a binary options level we need to target 15 minute spot positions in order to keep the risk down. Nice indication for a big reversal to come perhaps?
There is no chance that we will test the historical lows BEFORE the Brexit arrives. There will be some huge swings, most of them going negative, however right here and now today at least for the next 2-4 hours we can "bounce" that Cable back up the levels to 1.42800. Come and check out www.STBinary.com if you would like to take this trade on with some predefined...
Looking at the European markets today it is clear that uncertainty is truly king. These are some of the largest market price swings that we have seen since the last true market collapse. Truth is, with monetary policy in Europe and in fact Asia as well, the only "cure" so far, has been to print and print and print further currency. To push and spend and get into...
Every time we see a new Brexit poll or a EUR based calendar event GBP/USD is taking a bashing. HOWEVER, the overall trend for GBP is pointing skyward and we truly believe this asset is massively oversold. Buy now, hold LONG and feel the profit! We are predicting over 250 pips of positive movement over the next week or so! Come and check out our trading team on...
Every time we get a new Brexit poll report or see another Euro based calendar event we are seeing large scale negative response on the GBP. HOWEVER, the overall direction on the larger trend is clearly for LONG and right now we are massively oversold. Go Long, hold and earn big! Come and check out our trading team today www.STBinary.com
I am back with more analysis. Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly. U can find the other "tradetostart's" on my instagram : FXB_Buddy Check it out! The link to my website is also on there.