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vontogr (togr)
Jul 19 2016 at 07:22
4852 messages
There would be volatility during election and it calms dawn afterwards. Regardless the new king:)

mlawson71
Jul 19 2016 at 08:46
1487 messages
Magiic posted:
mlawson71 posted:
To follow up on the previous question about Bitcoin:

A recently published study from Juniper Research – a UK consulting and analysis company specializing in the identification and appraisal of high growth opportunities – says that the total value of Bitcoin transaction would triple by the end of this year. It is expected that to exceed $92 billion, up from $27 billion in 2015. (https://smnweekly.com/2016/07/13/analysts-on-bitcoin-the-one-to-watch-transaction-value-to-tripe-by-end-2016/) And according other big name analysts the cryptocurrencies continue to gain popularity, but the Bitcoin “is the one to watch”. They forecast that the effect of the Pound’s fall might drive further the value of the Bitcoin. According to them, it could reach $900, which would be close to the historical high of $1132 in December 2014.



Interesting mlawson71, thanks for the read.

Anyone here holding bit coins for longer term?


and Hero76, agreed, and no one on the leave side thought it would be an immediate positive, but a longer term gain. Something the stay people don't seem to get yet.




You're welcome. I too would like to hear the opinions who trade bitcoin for the long-term. Any opinions?

As for the long-term gain - the question now is just how long people will have to wait before that happens. And what happens to the many people who will have to weather the interim.

Hero76
Jul 20 2016 at 06:23
39 messages
Dear everyone, we need to look deeper into the events, and not draw conclusions on the facade events, in-depth understanding of global processes makes it possible to anticipate an event and make the conclusion about the approximate time it will happen. I am sure that the US presidential elections will have a significant impact on the markets but at the same time it may probably will be not so obviously to see

vontogr (togr)
Jul 20 2016 at 08:22
4852 messages
Hero76 posted:
Dear everyone, we need to look deeper into the events, and not draw conclusions on the facade events, in-depth understanding of global processes makes it possible to anticipate an event and make the conclusion about the approximate time it will happen. I am sure that the US presidential elections will have a significant impact on the markets but at the same time it may probably will be not so obviously to see


It would not work,

e.g. NFP moves EURUSD thousand pips up and suddenly thousand pips down. There is no logic to analyze no pattern to spot.
I would prefer slow and steady account growth rather than gamble by trading such events.

Hero76
Jul 20 2016 at 19:24
39 messages
vontogr@ Well this is your opinion and I respect that. At the same time it is ok for me to have different one. I already wrote my thesis’s in another topics and I still believe that changes that come are going to be huge and will affect currencies a lot

RMC3WLP68T
Jul 21 2016 at 05:02
24 messages
togr posted:
Hero76 posted:
Dear everyone, we need to look deeper into the events, and not draw conclusions on the facade events, in-depth understanding of global processes makes it possible to anticipate an event and make the conclusion about the approximate time it will happen. I am sure that the US presidential elections will have a significant impact on the markets but at the same time it may probably will be not so obviously to see


It would not work,

e.g. NFP moves EURUSD thousand pips up and suddenly thousand pips down. There is no logic to analyze no pattern to spot.
I would prefer slow and steady account growth rather than gamble by trading such events.


Hi, did you mean (hundreds) of pips or thousands of pips? The reason I ask is I wonder if pips on a cent account are magnified by factor of 10.

mlawson71
Jul 26 2016 at 08:53
1487 messages
Even the brokers hardest hit by the referendum results seem to be recuperating, at least for now (https://smnweekly.com/2016/07/21/cmc-markets-increases-client-base-revenue-per-client-drops-q2-2016/). The industry reacted well to the Brexit news and protected itself, but what happens if or when the UK does invoke article 50? People had plenty of warning about the referendum date, will they have the same warning about the UK actually following through the referendum results?

Sceadagenga
Jul 26 2016 at 10:52
83 messages
Everybody has plenty of warning about the invocation of article 50. It will be in the New Year and not before.

The only people who can invoke it are the UK elected government.

UK parliament has now broken off until the new autumn session.

We may have a challenge to our constitution which might lead to a change in order to trigger article 50 and this would need (if required) reading in then approving by the Lords.

I would watch the Queens Speech prior to reopening of Parliament to get arough timeline.

xgavinc
Jul 27 2016 at 10:17
235 messages
Sceadagenga posted:
Everybody has plenty of warning about the invocation of article 50.


As Sceadagenga states. Any liquidity will come directly from new policy reform, the 'Brexit' rapids are over.

@Hero76 I created a thread for US Elections 😀

For every loss there should be at least an equal and opposite profit.
Hero76
Jul 27 2016 at 19:49
39 messages
xgavinc , very generous, thank you! I am very pleased that in spite of my short time presence in this forum it has already resulted to start threads where I almost got a personal invitation to! Little success! Sure I'll be a frequent visitor to this thread and be sure I will subscribe to it!

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