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You have to survive

You have to survive
Every day is a battle, survival is rule #1

Wednesday, June 15, 2016

Brexit vote on June 23

By William James, Freya Berry and Patrick Graham

LONDON (Reuters) - The world's biggest banks including Citi and Goldman Sachs will draft in senior traders to work through the night following Britain's referendum on EU membership, set to be among the most volatile 24 hours for markets in a quarter of a century.

A vote to leave the European Union on June 23 would spook investors by undermining post-World War Two attempts at European integration and placing a question mark over the future of the United Kingdom and its $2.9 trillion economy.

Its the superbowl of british financial assets.  One day people poll to remain, then a week later it goes the other way.

It is a big deal because people want to be ready to move in the right direction.  They are not sure what will happen.  Some might be stressing out over it.  I would think positive.  There are very few potential outcomes in price movement.  Up, down, and nowhere.  Brexit wont have a big impact on me but even if it did , all i would do to prepare is the usual. In My longer term trades, brexit wont change final outcomes but it could change short term movement.  Short term movement means very little to me. 

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