Stalking Sterling for next week - as Brexit panic sets in.
מעודכן
In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs.
The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty.
There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters and Whitehall preparing 'war games' scenarios. Such preparations would not be happening if there was no realistic probability of a hard Brexit.
The issue of course for us traders is not about Brexit as a politico-economic event. We need to be prepared to make some money out of it. Right? This is not a moral issue for me, but if it is for some traders, then avoid Pound pairs.
The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty.
There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters and Whitehall preparing 'war games' scenarios. Such preparations would not be happening if there was no realistic probability of a hard Brexit.
The issue of course for us traders is not about Brexit as a politico-economic event. We need to be prepared to make some money out of it. Right? This is not a moral issue for me, but if it is for some traders, then avoid Pound pairs.
הערה
No surprises today. This does not mean that price will continue to go south or that others should short at this stage. הערה
Very no surprise! LOL
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.