Australian (ASX) Stock Market Forum

Trading the Brexit, anyone?

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This is a redistribution of wealth now. They are saying price movements bigger than Leahman event.

I and I was wondering if I would get a trade this week!
 
I went to cash in my super last week, i wondered if it was really needed. I'm quite happy i did now.
 
1 minute chart of Gold is a thing of beauty :eek: I nearly want to blow it up and get it framed as a throwback to this day, I was there :D

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Disappointing in a way with such a small percent win. For decisions of this magnitude it would be better for a decisive majority win. Technically if one vote made the difference that is not a decisive outcome. Who knows how many voters were ill informed, had no idea or voted with their heart. Economic benefits, the average person would not know.
 
All of this is the fault of the US. The US has created an in-stable middle east which led to the many uprisings and Arab spring.....then the rise of IS, which led to a huge refugee crisis. IS fanned the flames into Islamophobia and now the world is scared....

This is what the Brexit means to me. A sad day for humanity....
 
CanOz said:
All of this is the fault of the US. The US has created an in-stable middle east which led to the many uprisings and Arab spring.....then the rise of IS, which led to a huge refugee crisis. IS fanned the flames into Islamophobia and now the world is scared....

This is what the Brexit means to me. A sad day for humanity....
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I was saying the exact same thing just yesterday.
 
FTSE weekly chart, sitting on retest line. Breaking that would be bad. Getting no work done here.

I reckon it will push up a bit from here, and look for short opportunity.

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CanOz said:
All of this is the fault of the US. The US has created an in-stable middle east which led to the many uprisings and Arab spring.....then the rise of IS, which led to a huge refugee crisis. IS fanned the flames into Islamophobia and now the world is scared....

This is what the Brexit means to me. A sad day for humanity....
Click to expand...

This is actually kind of true - its actually quite sad. There really could be far reaching political and social effects.
 
CanOz said:
This is what the Brexit means to me. A sad day for humanity....
Click to expand...
a sad day indeed to have had to reach that stage and that need, a great day in that people may start to be heard be it trump, that referendum, or here getting some real alternative to the crappy duopoly feeding on people in all democraties.
A dangerous but needed stage in my opinion, otherwise this is admitting that 1984 is here to stay.
So I see some hope there, the real question is :
will the powers in place let this vote change anything: we have had example after examples where citizen vote were just bypassed: greece, ireland, maastricht treaty vote in France, you name it...the beauty of democracy
Wait and see but yes could be the black swan triggering the much needed bust of the debt bubble, could lead to contagion and yes will lead to a mnore radical and dangerous world
otherwise, making a killing on the market today!!!!
 
CanOz said:
QLDFrog, Frexit next?
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They are one of the cheaters they wanted the British to stay so they could keep playing the system.
Germany definitely! Problem is it's harder for the ones with the currency, a little more complicated to say the least and messy!

Gerry Harvey just made a brilliant summation.
Gerry said, "some of the best brains in the world were saying they should stay, half were saying leave. The populous thus have no idea. Why on earth would you have a referendum on it? It's complete madness!"

David Cameron - terrible call - big fail!

Stirling now at a 30 year low!

Bottom line - Markets hate uncertainty, Europe is in crisis.
 
Ended the day well up after continuing to short :D

But agree with everyone's comments.

Sad day indeed, hopefully not a sign of things to come
 
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