The recent British crisis may have hurt some
traders with successive resignations from the Teresa May government but at the
same time gives us the opportunity to make big profits if we deal with it
calmly and calmly and realize where the worst scenario and the best scenario
for the crisis
With yesterday's crises, which witnessed the
wholesale resignations, including the Minister of the brexit and much of the
controversy over the plan presented by Teresa Mae and the growing anger even
within her party, the strong lady appeared without delay to speak with much
confidence and confident tone and a lot of friendliness with journalists to
confirm that she exists to perform her role as prime minister seeking better
Scenarios for exit from the EU
On the one hand insisted that there will be
another referendum on exit
On the other hand, I talked about Britain 's
ownership of its borders, its law and its decisions
She seems happy to get out of the European
Union as much as she seems determined to miss the opportunity to try to destroy
what she has achieved
But Theresa May (and personally inclined to
remain in office for a long time to come) is aware of the British privacy that
still maintains the classic British Taxi and the five o'clock tea against
American coffee. It is a lifestyle that the British will not change whatever
happens. Express the total and the British critical mass is based on it
The scenarios presented are as follows:
The first Scenario fall of the Theresa May government
This scenario will mean to Europe that Britain
rejects any form of cooperation or soft exit sought by Teresa Mai, the reaction
of Germany, of course, which will lead the European Union will come violent and
ensure a rough and painful exit of Britain, Britain will not have after the
early elections but a pattern of governments Because no one can guarantee an
absolute majority at present
The next embarassing government will take all
the steps, including calling the people for another referendum, but it will not
change as a result of the referendum, the insults against Britain and the
hostile rhetoric may be enough to rally the people behind the exit again.
Means a sharp fall of the pound with measures
by the British central to reduce interest and perhaps even a negative benefit
to face the expected bloody exit in that situation
Here we are talking about the GBP / USD trading
rate within 1.22 affected by the crisis and for about a month before the
traders start to restore calm and reach the moment of the rise that will target
at least 1.4 levels, the best possible levels if the exit
Or prove to the British people that it is
different from the rest of the peoples and swallows some insults and overcome
what he sees an immediate interest and refuses to exit, which ensures the rapid
rise of the pound target pre- brexit
levels directly and talk about the levels of 1.6
Scenario II Success of Theresa May
In this case we are talking about an agreed
exit with the European Union and in a completely pragmatic situation, no one
wants to enter a finger-biting battle, which means that the EU will be willing
to help Teresa Mae stay and allow the brexit as smooth as possible and reach
some pressure to resolve the border problem Irish
In that case we will be on a date with a clear
rise of the Pound Sterling to the logical levels against the dollar at 1.35 and
can be measured on the same rise against other currencies, noting that the rise
of the pound against the other currencies will be much larger
From here, we set our targets under all
scenarios by targeting levels above current levels and with some sharp
reversals, but the targets are worth the risk
Personally, I am opening the trades on the Australian
pairs from the current levels with no profit taking area. I will be buying
again after the 25th day and the EU direction is clear. The stop loss areas are
below the bottoms at the time of the Referendum Poll, noting that we do not
count on deceptive and low levels Which was achieved during the famous flash
crash
Purchases are made on all GBP pairs without
exception as a single basket
It is preferable that the plan is executed on
its own independent account away from your original trading account
The attached image is a copy of the open orders
on my FXDD platform, which shows stop loss, profit taking, and entry point and
lot size
The orders were opened on the FXDD
platform to take advantage of the deposit bounce and reduce the risk, as the
company ensures that the leverage will not change during news and events and
are going to trade some risky pairs
0 Comments