Think Like A Trader Blog

Monday, 22 February 2016

Brexit Referendum Means Volatility

Good morning traders,

Over the weekend we found out that the EU referendum will be on the 23rd of June. So now we have the suave imbecile Cameron trying to ramp up support to stay 'in', and the bumbling buffoon Johnston pushing for the 'out' vote. So aside from lots of amusing sound bites we are sure to witness over the coming months, it will also have a large impact on trading.

My main market is the FTSE 100, and the FTSE doesn't like uncertainty. We can expect higher volatility as the vote nears, and most likely some wild swings as polls start announcing the likely outcome.

On another note, I have been quiet on the YouTube front of late. I intend to rectify this starting next week. March will see the return of the regular review videos and I'm also working on some training videos for the channel as per requests.

I hope you all have a great trading week!

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