PRO - CONTRA OF BREXIT REFERENDUM AND THE IMPLICATION OF BREXIT FOR POUNDSTERLING (GBP)
PRO - CONTRA OF BREXIT REFERENDUM AND THE IMPLICATION OF BREXIT FOR POUNDSTERLING (GBP) |
Please note for you all with their Brexit referendum which will be held tomorrow on June 23, 2016 all day. The existence of this referendum is based on the analysis of many financial experts are potentially lead to high volatility in the forex market. New high impact is even menurus analysis of George Soros could have a bigger impact on Black Wednesday in 1992.
Horrified?
Yes, for those technical traders we recommend while EXIT from the market because it was no place for the current teknikalis Brexit referendum is held. As for you fundamentalists, ask that very discipline to use your strategy and balance is of considerable concern that you have, because all forex brokers change the margins in almost all major pairs and crosses, especially for currencies GBP and EURO to address the existence of this news.
Usually the news of this magnitude will bring in the new rich and the new poor. And the things you need to consider when Brexit diselenggarkan referendum later are:
1. Margin or Leverage already described and dibroadcast by each broker, that they raise trading margins for most of the pair.
2. Spread may have soared and the magnitude we can not predict.
3. Volatilis market is so huge and wild can cause problems disistem / resource server to the broker which can greatly enable the Freeze in our MT4 chart.
So our recommendation, you are wise to address this news and will enter the market if please use mature strategy.
There is plenty of time and opportunity for trading and seek profits, so our advice to all members of the group, EXIT from the market for a while can be a secure solution and we can take advantage moments after seeing a direct impact on the news and the market has started to be conducive.
Thus from us may be useful.
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