CORRELATED TRADES - MT101's PLAYBOOK

The market's ever-changing reactions on the BREXIT & BREMAIN have been expected  as it draws closer to the day of reckoning. Build-up of speculative positions would surely add more towards market volatility until post referendum takes center stage. The outcome of an exit would allow CABLE to continue its prevailing trend direction while the obvious price action in favor to remain with the EU already reflected how the market have already priced it in. Ironically, the momentum for prices to sustain have somehow lost steam during the course, as traders play book for safety kicks in.

MegaTrade101's position play with this market has been set for a medium to long term strategy for the EURO & CABLE. The price range from their respective Highs & Lows are marked for "Tolerance Levels'. Near term would be positioned Neutral to Bear with Pivot Price Points for intermediate price swings for both swing & counter-swing trades deem necessary post vote outcome. While the European crosses, USD, and JPY related pairs would be used whenever called for. This is well within the next few days towards the end of the 2nd quarter trading as well. 

Focus on USD, EURO, CABLE, YEN for FX. Including DOW, SP500 & JPN225  Equity Indices

#TSOT - A Defensive "Play-Book" will be the Smartest Way for Making the Right Trading Decisions! Great Move for Hedging before BREXIT!