EUR/USD is plummeting on brexit news. Hope for remain? That

Spreads are fucking gigantic right now if you're not an institutional trader btw.

>>1331788
came here for this, pound has been going crazy for the past half day and getting more back and forth. you think this could be a good arbitrage moment to buy and gold for a week or so?

HOLD ME TIGHT I'M GOING IN

I DON'T GIVE A FUCK IF THERE'S A 9 PIP SPREAD

GUYS IT'S FUCKING HAPPENING GET THE FUCK IN HERE THIS IS NOT A NORMAL 7PM ON A THURSDAY ITS FUCKING BREXIT

FX THREAD UP IN THIS BUSINESS

>>1331801
i dont even know where i can buy a significant number of pounds, currently not holding anything so cant sell for pounds either. hmm

LEAVE IS FUCKING WINNING

GETINGETINGETINGETINGETIN

IT'S FUCKING HAPPENING RIGHT NOW

Not trying to a crypto tard, but im checking in with btc as well due to all that uncertainty.

>>1331806
just tell me how goddammit

>>1331815
GET
A
FUCKING
FX
BROKER

Is this your first day on /biz/ jesus christ.

I use oanda personally. It's good for poors.

The euro is literally going to hell RIGHT NOW. But it still hasn't broken. You're not too late to climb aboard the train.

File: SELLEVERYTHING.png (77KB, 1519x819px) Image search: [Google]

77KB, 1519x819px

SELL EVERYTHING

Nice. I hope it keeps going down.

Luckily I bought gold and silver stocks, which will skyrocket in the event of Britain leaving the EU

IT'S TIME FOR BREXIT

FUCK THE EU

Any other european currencies affected?

>>1331846
All fx is linked in an intricate web, so if one moves the rest move too.

File: Screen Shot 2016-06-24 at 00.51.45.png (26KB, 615x576px) Image search: [Google]

26KB, 615x576px

>>1331846
Gold rose 4.5% in 1 minutes...

WHY ARE YOU NOT WATCHING THE MARKETS...?

HUUUUUUUGE SWINGS
All over FX

>>1331858
Peter Schiff is right again! Thank goodness I listened to him

File: Screen Shot 2016-06-24 at 00.18.07.png (44KB, 830x678px) Image search: [Google]

44KB, 830x678px

>>1331858
Pound rose 1%... then FREE FELL 4.6% in seconds, now starting to rally to around -2% on the day...

File: sellsellsell.png (77KB, 1517x822px) Image search: [Google]

77KB, 1517x822px

If you look at things from a technical analysis POV it looks like things are only going to get worse for the euro.

That combinations of juicy downswings and tepid upswings is textbook.

File: bf5.jpg (39KB, 343x361px) Image search: [Google]

39KB, 343x361px

It's fucking happening

I'm a bond trader at Deutsche bank and my boss just called me in panicking

>>1331871
Does your terminal have a button called "flat." Press it. Follow your heart.

>>1331871
That's because your fixed income department is about to be cut by at least 30% due to the insolvency of your balance sheet which is still loaded with toxic assets hahahahahahaha

Does this mean that if I buy things on international websites (I'm US) I can pay the price in GBP and buy it for less money?

File: ClrTrUvUYAMZSm_[1].jpg (68KB, 1199x564px) Image search: [Google]

68KB, 1199x564px

WE'RE CRASHING THIS MARKET

WITH NO SURVIVORS

>>1331922
depends on how the website converts teh money, if its just there lil website with no auto convert hen probably, if its a "nice" website then it probably automatically converts prices by whatever shopping cart system they use updates everytime a certain amount of changed is registered. ill be trying it though

>>1331788
Remain will win. Central London will blow it out by a landslide in favour of remain. Buy GBP, sell gold - two good trades right there.

holy fuck
I have to go to the US in september
if BREXIT I am fucked
should've bought my dollars earlier

shorted just made 150 bux in 10 secs. lmao at my life.

>>1332029
just made another 150. sieg heil!!!!!!

File: 50percent.png (145KB, 1917x948px) Image search: [Google]

145KB, 1917x948px

I'm up 50% so far with my little speculation.

File: Screen Shot 2016-06-24 at 02.08.10.png (63KB, 1024x679px) Image search: [Google]

63KB, 1024x679px

>>1331788
GDP/USD down 5% on the day and falling...

>>1332040
i'm too pussy to make a macro bet. it's fun riding the wave down and scalping liquidity out of the markets.

>>1331788
Leave is currently ahead

>>1332029
I thought I had read that FX brokers were not accepting short orders in advance of this vote?

File: fuckit.jpg (3KB, 125x109px) Image search: [Google]

3KB, 125x109px

>>1332038
Can't jump on the forex train because i don't have any active accounts and have to wait for document verication

Daily reminder the best bet would have been to bet against the euro and ignore USD up or down because USD will recover but euro won't.

>>1332040
Those spreads tho

>>1332046
>>1332047
who says i'm trading forex. u guise. lol. u guise.

real glad i'm a super scalper though. position just moved against me by about $1000 if i didn't close.

>>1332046
Mine takes my orders just fine so idk what you're talking about.

>>1332053
It can't be helped.

>>1332055
what are you trading right now?
futures?

>>1332060
damn straight, faggot. only noobs think you need to take a direct forex position to make money off this.

File: dog glasses.jpg (4KB, 225x225px) Image search: [Google]

4KB, 225x225px

>>1332064
I honestly view it as gambling, with money i can afford to spend.

n-no my gains

Why didn't I close out when I took that screenshot?

>>1332080
because you're greedy. and over leveraged. i had a look at your fx spreads and IB is at least half that. if not 1/4 on some pairs. maybe this is a one time gamble but if you intend be serious about trading, research different brokers.

>>1332089
They're half that right now?

Or do they advertise that they're half that?

My spreads are 6x to 8x what they are in normal market conditions right now.

>>1332093
your AUD/USD is at 7.7

mine is at 1 pip or less.

you have no idea how hard certain brokers are laughing right now.

>>1332099
desu I'm getting an interactive brokers account next month. And yes I know there's a 10k minimum.

>>1332120
>paying commissions

it's like you think that means a better level of service.....

t. robincuck

File: 1455074543569.gif (4MB, 500x332px) Image search: [Google]

4MB, 500x332px

I'm probably down at least a few thousand in the past hour but the ride's been fun lads.

Hope to see you on the other side, tomorrow will be a shit show.

>>1332153
fucking lost £50 on forex when the damn leave vote pulled ahead in sunderland

ooo bahbee. nother ez hunny

this is some intense shit. just swung from losing all my gains so far to another 100 bux.

the money keeps flying at me! what do i do! another hundred!

it's going dooooown

My Demo is making nice swing bucks pulled my shit 225 to 1300 in about an hour or two.
I'm planning on starting live soon with my broker, but they hold their cash in EU banks. Would my money be dangerous?

>>1332239
nothing is safe in these times my friend

We havin' a pull back lads, get ready to place a sell order

oops i did it again +100

>>1332146
>it's like you think that means a better level of service.....
I have 1k in robinhood and it's garbage lmao.

Another one B)

> 3rd biggest drop in history with over half the votes still uncounted

It's not going to be pretty tomorrow.

Just paid off my mortgage with my pound short.

Feels good man.

guess lol

>>1332277
Ok that's just gambling lmao.

>1.38

good god its a fucking bloodbath

this is comfy af

File: insanepepe.jpg (7KB, 249x249px) Image search: [Google]

7KB, 249x249px

Guys I've never invested in anything ever. How do I invest in the pound now that its gotten cheaper??

>>1332277
happy for you man, the smart people need to prosper

>1.37
its going down faster than my post timer refreshes

yep yep yep

File: WINNING.png (31KB, 1350x296px) Image search: [Google]

31KB, 1350x296px

DAMN it feels good to be a gansta!

GBP/JPY will kill your account just letting you know

>>1332312
only doing it to trade brexit. do just the usdjpy normally

we're at over 40% reporting in now. when the numbers at 50% come in, it's going to be very volatile. it would be wise to exit your positions and see which way the market swings after that.

>>1332308
is that... 1.85 million GBP unrealized profit...

holy shit dude

can i have some money please

HANG SENG DOWN 2.3%

OH FUCK EVERYTHING IS GOING TO THE DUMPSTER

>>1332332
no guy, I used GBP to buy JPY. both of those are in yen.

scared the shit outta me when I first traded forex but...

>>1331871
>Deutsche bank
lel good luck mate

when is the recoil?

>>1332349
ah okay right

so its only like 180,000$

...can i have some money

File: closedout.png (115KB, 1835x946px) Image search: [Google]

115KB, 1835x946px

Just closed out. Doubled my money.

>>1332352
once Soros makes enough money he will tell Cameron to "turn it" and remain votes will start piling in. this is when Soros will take a long position and ride the price back up.

remember: the jews always win

>>1332355
sure, just post your bank account and routing #

fucking hell. lost all my gains. now got to go make another 6 winning trades just to zero my account. c'est la vie. brexit looks more and more likely though. the one bad trade i made was scalping long. shoulda never went long damn it.

at least my USD holding is appreciating like a mofo against my CAD.

I'm going to re open my position after Birmingham reports in. It's supposed to be soonish.

over 50% reporting. brexit still in the lead.

gonna be pissed if the charts go to my long entry.

i exited long at a big loss because brexit looks more and more likely. would rather hold a short at the end of the night.

>>1331788

Who here b t c

>>1332018
Do NOT take this advice kek

it's comin back to me. another 5 trades to zero my account. i ain't a british nationalist but team brexit here.

gold steady up

fuck am i ever happy i exited that long.

looks like if this continues, the SPX will open at -100 points.

File: OH SHIT.jpg (39KB, 225x450px) Image search: [Google]

39KB, 225x450px

It's happening

>>1332453
where is this

File: b79.jpg (58KB, 666x666px) Image search: [Google]

58KB, 666x666px

>>1332453

>>1332453
I find this funny because Yellen recently stated that the Markets are in good shape while several analysts from big financial inst. stated that they predict the markets will slip into bear this year.

in about half an hour 80% will report in. where's my goddamn volatility. i can't profit without some! move charts move

>>1332475
no markets are open besides forex and hang seng and shanghai

INVEST INVEST INVEST

STOCKS ARE PLUMMETING DUE TO IDIOT REMAIN REACTIONARIES THEY WILL SKYROCKET AFTER THE NEW TRADE DEALS

almost 75% reporting. brexit still at+51%

>>1332485
hello. you must be new to trading. i'm definitely transacting right now. please reconsider that the markets do not comprise only of forex and stocks.

yes. come on bitch. another 3 trades.

my FX shit just stopped working, anyone else ? AvaTrader ( im just gambling , used the first one i found)

>>1332528
your mm had enough

we've done it lads
crashed this economy with no survivors

>>1332531
mm?

>>1332491
>currency low
>trade opening
I can feel it coming m8

almost 80% reporting. brexit still at +51%.

short short short.

HOLY FUCK ES BELOW 2020

only 2 more trades~!

>>1331788
FUUUUUUUUUUUCK I LEFT IT TOO LATE TO LEARN HOW TO MAKE BANK ON THIS SHIT

File: FUCK EVERYTHING.png (18KB, 824x487px) Image search: [Google]

18KB, 824x487px

HOW DID IT GET EVEN WORSE.

Should I buy HSBC stocks lads

Have to say this is a good thing for the global economy.

>>1332538
>brexit still at +51%.
It's over m8, we've left

>>1332546
no

>>1332548
it is really

this is needed

>>1332553
Care to explain?

2 MORE FUCKING TRADES. I AM A TRADING ANIMAL

ES HITTING 2000 FFFFFFUCCCCCKKKK

>>1332546
>Should I buy HSBC stocks lads
New to this whole thing, but since it's all crashing it's cheap.
How do I buy?

File: Screenshot_20160623-225010.png (125KB, 1440x2560px) Image search: [Google]

125KB, 1440x2560px

I got some more play money coming in tomorrow. Remember i said i had a robbinhood account.

HOLY SHIT SHOULD I GO LONG OVERNIGHT AND CATCH THE BOUNCE. WTF IS GOING ON. AAAAAAAAHHHHHH. THINK IF THE ES GOES +100 POINTS TOMORROW.

>>1332553
Care to explain why? I am planning to hold it long term

File: 1466638438133.png (684KB, 800x829px) Image search: [Google]

684KB, 800x829px

RULE BRITANNIA

FUCK ALL YOUR INVESTMENTS AND PORTFOLIOS

FUCK THE EU

BBC et al calling a win for LEAVE.

1 MORE FUCKING TRADE AND MY ACCOUNT IS FLAT. HOLY SHIT.

SHOULD I GO LONG NOW. CAN THE ES REALLY GO BELOW 2000. HANG ON TO YOUR BUTTS

>>1331788
Fuck my life, I wish I had a time machine for tomorrow. Found the sweetest option contract ever and it might stand for tomorrow if you are fast. I'm gonna be a cool anon and tell ya.

On OptionsHouse search: DUST 7.5strike PUT its ask is just 10 cents. Buy as much as you can you'll get 50 for just 500 dollars. If there is a similar deal on your broker take that.

Maximum Profit = 37,500 dollars.

This info might be absolutely bullshit but I guess its at least a "fun fact" if it can't work.

BREAKING: THE KOREAN STOCK EXCHANGE HAS HALTED TRADING

HAHAHA OH WOW.

MY ACCOUNT SHOWS NET POSITIVE TODAY. DON'T EVEN REMEMBER HOW MANY TRADES I MADE

ok. i've calmed down a bit. this is a very dangerous time on the markets. everything is low as shit and people are thinking of buying in long. the only question is, how will the actual announcement affect the markets. it's foregone conclusion for brexit.

>>1332620
announcement shouldn't change it too significantly. I mean, we already know what's going to happen at this point with the UK. Now the question is are people going to be thinking about buying low, or is the general public going to hold withdraw/hold on to their cash considering big financial institutions are already prediction a bear market this year.

I think it's going to be the latter of the two.

>SHORT SHORT SHORT?

going to be interesting.

>>1332544
they're throwing money to usd, but more the yen

>>1332620
>>1332596
Good glad you sold it all before the bloodbath.

I am expecting a 25% loss across the board during the day on most markets. Fortunately I got out two weeks ago.

US treasury bonds just got alot nicer though. Dat dollar rise

>>1332536
market maker

>>1332635
Nikkei has been suspended. Loss was 1222 before the government in Tokyo shut it off

Should probably buy the pound now while it's cheap and make big gains later when cooler heads prevail and people realize this won't change a goddamned thing economy wise.

>>1332631
>>1332639

just look at ES. shit is down almost 100 points. this would be perfect buy in for a speculator. but if day momentum drives it down further. as the saying goes, the markets can stay rational longer than you can stay solvent.

my gut is telling me to go long. i think the markets have priced in brexit as much as possible. just what will happen during the day is a tough one. this is one of those once a lifetime trades.

In the hopes of not sounding like a shitposter or getting shit on, what program is it that you guys all use? I'm new to investing and need tips on the tools/sites to use. I've done comp sci/programming. all my life and feel like investing some of my money

>>1332641
You mean overload or something ? to much traffic ?

I live in Japan and yens have been shit for years so I have been hoarding them.. now is my time.

>>1332651
Is there some sort of sticky/archive life /fit/ has for beginners?
I want to make some profit of this, but I dont know how to go about it.
Would I have to talk with my bank to start buying company shares, gold, currency or whatever else takes my fancy?

I want tojump on the Investment train, but I'm a wage cuck
fuckkkkk

What's the easiest way for an FX trading noob to get in on this? Any advice is appreciated.

>>1332657
programs are dependent on brokers. find a broker comparison site and decide.

fucking shit. i really want to buy long on ES right now. if only all markets were open 24 hrs. i'd literally stay awake all night. i might do that anyways.

>>1331798
GODSPEED ANON

>>1332681
any recommendations? and why should you go long on ES now?

Uneducated pleb here, how fucked is UK?

>>1332660
cutting his losses

>>1332656
If you are speculation buying go long yes

If you are selling well lol
I hope you sold it already.

>>1332692
Can you explain to me like a 2 year old, i do this for the thrill

File: 1455033881510.jpg (33KB, 629x505px) Image search: [Google]

33KB, 629x505px

>>1332284
I agree it was a crazy risky gamble that could have destroyed me.

I'm usually calm and collected during trades but this one was a real doozy. So to keep calm I opened henti on my third screen and rubbed one out.

In my defense, I rarely, rarely ever manual trade.

>>1331788
Does Brexit winning negatively impact America or positivel impact us? Will prices sky rocket like gas?

>>1332687
i use interactive brokers. you can trade anything. it's down 100 points. this is massive. even a small bounce will me a very nice profit. when people are screaming bloody murder, you buy.

fuck it you guys. this is my big gamble. 1 long ES contract. since i entered, my position is already -200.

>>1332674
you won't make any profit, don't bother.

lmao at all the kids here thinking they're going to get rich from this

So biz if I am understanding this right, The globalists and economists wanted remain so their stocks didn't get a little dented so when leave wins they all freak the fuck out crashing their stocks.

They killed themselves and thought they were saving themselves. Selfish cunts.

I am so proud of the UK and so ashamed at economists

>>1332681
Think i'm staying up all night watching this. Literally this is such a significant event that i wouldn't be able to sleep anyways.

So should I be dumping all of my shares now, lr just set a stop loss?

If I set a stop loss would my shares be sold at the stop loss price when trading starts at 8am or at market opening prices?

Alright, Brexit... How does one profit from this? Buy the pound now that it's low?

File: 1457349786957.png (453KB, 737x515px) Image search: [Google]

453KB, 737x515px

>1.3305

jesus fuck. we're touching the 2000s again.

>>1332712
Not rich, just trying to limit the damage this will do.

>>1332711
ok I'm new to investing since I never really had the $ but what books/sources do you recommend? I also listen to Peter Schiff which is what initially got me into it. What exactly is ES?

p.s. I'm obviously gonna pass tonight in actually trading until I know enough info

Brokers saying they are not going to do any trading tomorrow

>>1332732
>what books/sources do you recommend?
read everything. you're probably smarter than i am if you do compsci shit. if someone claims they have a profitable system that they can teach you for xxx dollars, ignore them immediately.

you'll learn nothing by asking me question like what is ES. it's real fucking dangerous is what it is. and you should ignore it since you're just starting.

i think we're gonna break 2000 boys. this might be real painful for me to watch. what would make me feel better is a massive green candle in the 2000 range as people accept the ES is sold to shit.

>>1332755
OK I just wanted to know since I saw it mentioned repeatedly. I'll do my research though and get onto reading.

>>1332742
they fucking better

>>1332710
Positive, the EU is going to start collapsing now and the US is seen as safe

>>1332761
They'll act like the Dems did with that sit in.

"We want this and you didn't let us, well fuck you"

holy shit. time and sales are pure red at 1999. but someone is buying them up. the ES just wont go down any further.

some entitie(s) just soaked up several thousand ES sells.

>>1332766
I JUST WANT MY MONEY AND I JSUT WANT MY TVIX

>>1332767
Could be Berkshire or something. Berkshire loves opportunities for cheap es like this.

the shorts keeps shorting and the longs keep buy. ES is completely flat at 1999. looks like i mistimed the 2016 long. fuck fuck fuck.

>>1332767
IT'S CHINA AGAIN

should i sell all my stocks right after the market opens? Brazillian here

>>1332732
is Peter Schiff good?

>>1332702
just look up mm

File: 20160621_051007-03.jpg (29KB, 225x273px) Image search: [Google]

29KB, 225x273px

>>1332788
Sell at open?

which cheeky slut shorted the cable? at high/mid 140s?

this is fucking hysterical. who do you think will run out of money first. the longs or the shorts?

>>1332767
>>1332784
ES???

>>1332797
pretty much, they raised about 5% yersterday, i want to grab them gains and them buy at the abyss it will reach after brexit

>>1331788
Why is everything plummeting because of Britain? Why?

I got around 300€ worth of actions from a spanish insurance company (Mapfre), should I bother selling them and buying some when they're really low? (Today they're givind the dividend btw, about 6€)

I'm a noob, obviously

Alaskan autismo here i just made massive gaaaaaiiins with my forex triangle patterns that predicted this

>>1332040
>>1332043
Nice platforms you guys are using. Are those free for trial (no money deposits)?

>>1332585
I never quite understood how options work. In this particular case you're talking about, would you need the pound to drop to 1.35 (USD/GPB) today to cash out the maximum profit?

>>1332620
Don't catch a falling knife. Markets will be crazy today. If I made to make a bet on brexit, the ideal time would be before market close and hedged. At this point, it's best for it to ride out until Monday and then pick a position unless you know what you're doing.

>>1332811
S&p500 futures

>>1332790
>is Peter Schiff good?

HE'S GREAT! He may have been wrong over the past few years but gold is going to rise DRAMATICALLY tomorrow. Without Peter Schiff, I would have never made the massive amount of profits by buying gold stocks this year

>>1332674
all in gold, but expect to sell it in a short time, you will earn a little, but not much

I figure now is a good time to pick up some index funds that track European and British indices, no?

>>1332822
>Don't catch a falling knife.
it's too late. i'm look at -1000 unrealized right now. having lots of fun watching shorts try to short. and the price just doesn't move.

TVIX 900% increase within a year

>>1332855
TVIX specifically or most ETFs linked to this mess?

i think the longs are winning at 1999. the ask size is decreasing incrementally. and the supposed bid size at 13 (lol) doesn't budge.

>>1332830
it sounds like despite you are now profiting off gold but you have benn losing money over the last few years

>>1332826
Why would anyone jump in S&P500 futures TODAY? That's fucking suicide!

>>1332869
The futures are locked limit down. They will likely hit mid 1900's tomorrow morning. Not a time to go long now...even if you could.

very interesting. ask size in increasing now. but little to no transaction on actual time and sale. price is completely flat so there's a counter party for every sell.... whoever is really trying to keep the price low.

>be me
>work in financials
>co-worker does risk management
>was certain Britain would stay in EU
Dude emailed me about 40 minutes ago with no subject, just an email with a body of "fuck".

Shit's going to be fun tomorrow
>inb4 15 hour workday

>>1332820
noob here.. but I guess you should. this will affect every other country and their companies, unless these companies depend on US stuff.

>>1332924
Considering taking the day off and calling in sick for the lulz. Don't think my stuff is too affected, probably will get hit by some macro wave but it will pass.

File: autismo.jpg (8KB, 173x292px) Image search: [Google]

8KB, 173x292px

>>1332821

>>1332906
fuck you're right. i forgot all about that. only another 8 hours until the limit lifts and i get to see if my long paid off. probably not. i can feel the loss coming. whats 1 or 2 grand though. i accepted that risk going long. i forgot the short might push ES to limit down. should have paid more attention.

at minimum, the big institutional guys will buy the dip. should alleviate losses somewhat.

>>1332821
did you predict the outcome of an election before it started or something?

>>1332906

Dude its going to be closed tomorrow. Take the day off.

>this is what Bitcoin is for

>>1332956
It will open after a set amount of time, there are specific rules. If it falls a further extreme amount (i forget the specific % for the second level) they will close it again.

File: dirthouse.jpg (9KB, 259x194px) Image search: [Google]

9KB, 259x194px

>>1332955

>>1332924
>works in risk management
>forgets his job title
>gambles

really?

and just as i typed that, limit down lifted. candle spiked almost 5.00 full points. still going UP UP UP. i think it's time for caffeine pills.

COME ON BABY OVER 2016

>>1332571
>bad teeth
>even on their supermodels
You had one job!

>>1332953
There will be a massive bounce, I expect it from around 1930 to 1950 (but who knows.) But I only expect that bounce to make it to something like 1980 or 2020 max. Ultimately I think we may get down to low 1800's before we head up for new highs.

If we get a spike in the morning after the open, I would personally close out any ES long.

LET DO IT CUNTS 16 POINTS IN UNDER 10 MINUTES GO GO GO.

>>1332979
2020 and i'm out. got a long in at 2016ish.

>>1332953
Looks like your back in action, futures reopened

>>1332473
Of course she did. If she didn't, the question becomes, "What the fuck have you been doing for the past 6 years??"

The answer being: Delaying a necessary downturn in the stock market as long as possible so that Obama can look good.

>>1332965
It won't be that bad, but he was trying to analyze some stuff regarding the UK, and now might have to tell some of the investing guys no. Also have to give a report to EO's and others on how it might affect some of the longer investments we might have so it's just more work that he doesn't want to be doing on a Friday.

Also dem macro waves are hard to see, so I feel kinda bad for the guys who work with some of the more "risky" investments ie mid/small caps.

>>1332924
kekekekek my buddy is at Morgan Stanley Wealth management, same story. Just texted me with "tomorrows gonna be fun"

File: real mario.jpg (20KB, 283x324px) Image search: [Google]

20KB, 283x324px

> come to /biz/ to see the reckoning
>everyone saying all this lingo I have no idea what it fucking means

talk english motherfuckers.

>>1333038
THIS JUST IN

KNEEPADS SKYROCKETING IN VALUE AS GLOBAL MARKETS TANK

>>1333038
SHITS FUCKED
BUY VOLATILITY
GET COMFY
SELL BEFORE CLOSE EVERY DAY

>>1333040
why the fuck would kneepads go up with brexit? Is Uk getting a new surge of wrestlers or something?

>>1333005
now the REAL shitshow would be if we start seeing more of these referendums.

At that point buy some bonds take up some real estate and wait till it's over.

So buy GBP, yes? It will recover, Britain is still a decent economy.

>>1333051
how long can you go is the question

File: 1448173438414.jpg (535KB, 1828x3250px) Image search: [Google]

535KB, 1828x3250px

>>1333048
not sure if bait but once money is gone the knee pads will be handy for sucking lots of dick

File: YASQUEENBREXITSLAY.png (102KB, 809x919px) Image search: [Google]

102KB, 809x919px

>>1333038
YOU SHOULD HAVE BOUGHT CRYPTO WHEN YOU HAD THE CHANCE

THE NEW VOLATILE WORLD STARTS NOW
BREXIT
GREXIT
ITALEXIT
FREXIT
EU COMPLETE DISINTEGRATION
TRUMP PRESIDENT

ITS ALL HAPPENING!

ITS ALL REALLY HAPPENING!

>>1333058
I guess it depends if you think it's just reactionary bullshit or if the decline will last a while.

I got 10k USD cash on hand, what do I do with it?

I don't know shit about trading, I have money in mutual funds. am I fucked or no?

>>1333063
What site is this?

>>1333080
That depends, but short term, you're most likely going to see your money take a dip.

Worst thing you could do is pull out, just hang on and see what happens.

>>1333066
>someone posted pic related on /a/
>come to /biz/ to see the happening
Jesus you guys are going mad and I don't even know how to make head or tails of this thread.

>>1333076
Escape the fallout.

>>1333094
the British currency will be worth less until they establish their own economy and trade deals, ff they are done without NWO tentacles involved, the sky will be the limit.

Money is not magic

>>1333080
>>1333087
this. If you're buying into mutual funds then you should be in for years. it's for the long-term. Just don't let your emotions get to you and know that it'll go up again.

>>1333107

Money is magic to common math-retarded plebians like myself, what do I do with my USD money in this situation.

>>1333114
You don't need to understand math to do well in trading, you need to understand how political and technological movements effect the global economy.

File: 1466740076815.jpg (38KB, 720x388px) Image search: [Google]

38KB, 720x388px

>>1333094
Hurr

>>1333076
INSERT IN ANUS FOR MAXIMUM SAFETY

>>1333139

I understand the basic idea that the pound and the British economy will go into the shitter in the near term and the (wise?) bet is to buy up the pound at its lowest and sit on it until either the UK bounces back in an economic recovery years from now or it devolves into Mad Max land making all currency worthless or it completely whores itself out to China and suddenly the pound turns into the Chinese currency. But I need a better understanding of the market in general.

any predictions in EUR/USD movements?

I currently got some $$$ that I've wanted to convert back to € for some time now.

>>1333153
If England is going to whore to someone, it's going to be Russia, leaving the EU will cause tension with NATO, and Putin already offered free land in Russian to Brits for economical growth.

so is it a bad or good idea to invest in stocks tomorrow

>>1333189
Will be surprised if market opens in the morning.

http://money.cnn.com/data/premarket/
LMAO I'M FUCKED (short term)*

*hopefully

>>1333189
wait till September - November timeframe. Or mid July if you are brave.

What's a good forex broker for eurocucks?

Thinking of shorting EUR and GBP next week when I get my salary and would like to have a broker set up until then

im an uneducated retarded motherfucker so help me out with my logic here.
If everyone is buying gold now in order to retain value of their assets, why would anyone SELL it? because they already have a shit ton of it/something else valuable?

And if I had bought a 100 dollar gold necklace a year ago and sold it now, I would be raking in a noticeable increased return because of this change? or does this just apply to gold in general and not small little personal items?

>>1333217
taking profits

>>1333217
gold jewelry has shit resale value. widely traded gold coins and bullion have better resale value.

>mfw "morons" and the Chinese "fell" for the "gold meme".

>>1333217
or rather does buying a single gold item = investing in gold
just curious because I had an argument with an old friend not to long ago who is also uneducated like me

File: 1464650787835.jpg (114KB, 1204x680px) Image search: [Google]

114KB, 1204x680px

>>1333226

>>1333225
thanks m8

>>1333226
>Chinese economy
>Gold economy
Not sure which is the bigger meme

So now that markets are tanking, what do I buy up to sell when the fear mongering is over?

>>1333237
at least wait for knee jerk reaction to stop

AHAHAHAHAHAHAHAHA

I'M A FUCKING MADMAN. WATCHED THE BIDS SLOWLY EAT AWAY AT THE ASKS UNTIL MASSIVE BIDS CAME IN.

I WAS RIGHT THE FUCKING ES RALLIED.

+1000, -1000, +1000, -2000, +21

EXITED MY LONG AT AN INFINITESIMAL PROFIT.

WE TRADING NAO. 40 FUCKING TRADES TODAY.

THE WORLD WAKES UP TO LOSSES AND I MADE 21 FUCKING DOLLARS. OOORAHHHH.

>>1333237
it's too late anon. if you trade ES, you should have bought in at 2000. i mistimed the rally and bought at 2016. ah well. markets will show a gap down on open. then, they will go up and dip again. perhaps even below the open. after that, who knows. i'm stoked as fuck i didn't lose money today.

>>1333082
coinmarketcap I believe

>>1333242
are you discretionary or automated?

it's times like these i wish i know shit about the markets and how to take advantage

>>1333254
it's mostly psychology, but not in the sense that what people think.

>>1333251
discretionary. but i do have a trading system. it's simple enough to automate via algorithm. i took today as a learning experience. need to learn how to code next.

>>1332473
>slip into bear this year
>3%
>bear
kys

>>1332290
Why would you throw your money away?

>>1333271
>quantopian
Do you know any code? /g/ has a ML/AI discord with decent links.

>>1333271
did you ever manual backtest your method? I think you did.

>>1332290
YOU WERE SUPPOSE TO BET AGAINST IT YOU IMMBECILE

Nobody here will know the feeling of having $75k invested in a semi-aggressive market.

I mean, it'll recover over time obviously, but I wanted to cash in sooner rather than later.

>>1333294
Puss.
Just double down if you're about it.

But really in the long run won't this hurt EU more than UK?
UK and US do enough business I think UK will be good. But that's one less "good" nation in the EU. They're stuck with italy, greece, spain, ...etc. Maybe I'm not understanding it because everyone is saying this is self destructive for UK but isn't it just jumping off the sinking ship?

>>1333294
are you just starting out?

File: Capture.png (94KB, 544x900px) Image search: [Google]

94KB, 544x900px

¯\_(ツ)_/¯

do you guys think the value of the GBP will be back to semi-normal levels in the next week or so?

>>1333280
i got lots to learn. it's a slow process. i'll get to it.

>>1333283
of course. only retards don't backtest. then you papertrade and forward test as well. then you live trade a small account and see how orders actually fill. i've spent close to year looking at charts every fucking day. the patterns, i can see them. they speak to me. softly. but seriously. the average person cannot do this. today was a great live test of the system. loved every minute.

>>1333305
no

How do I short sell?

Assume I know nothing. When a political event like this happens again, I want to do it.

>>1333297
I can see this sorting itself out in the coming months or even weeks. As like most said, so much of this is kneejerk to a major political move.

>>1333300
September of last year.

>>1333318
if you have to ask..

>>1333311
do you think those pattern really work but it's definitely not like most people think?

>>1333320
I agree. Just a reaction where people are dumping because they don't know what to do. Like a game of chicken.

>>1333311
You can do it man. There's money to be made.

>>1333318

If you just want to get inverse exposure to the S&P 500, you can buy ticker SH.

Still time to short the GBP?

>>1333325
well i cant discuss my system but i'm very happy with it. i will say that if i were to explain it, people would think it is impossible. today's ES2016 long was a pure gut bet i'll admit. mistimed it but the market moved like i thought it would.

>>1333326
thanks man. it's nice not having people shitpost LMAODAYTRADERS. obviously anyone successfully trading is entirely unwilling to discuss it.

>>1333332
Probably missed the boat, better to go long sometime next week after the fallout sorts itself.

cameron's about to resign.

File: Futurama_nixons_head.png (57KB, 276x288px) Image search: [Google]

57KB, 276x288px

>mfw can finally buy voo next week

>>1333318
>when a political event like this happens again
Are you a downsyndrome?

>>1333433
Scotland leaving the UK
Any other country leaving the EU
Any random fucking fiscal crash
Electing someone like Corbyn.
Irish reunification.

Not exactly starved for choice.

>>1333433
next year, when UK votes to go back in the EU

File: 576920c32200002d00f82192.png (256KB, 600x1071px) Image search: [Google]

256KB, 600x1071px

>>1333439
>Scotland leaving the UK
Likely. This gives the nationalists and their yuppie/cosmopolitan opponents something they agree on.

lads what's the best way to track the £s value?

sorry I don't do this sort of shit normally, here from brexit

>>1333463
>london

>>1333463
they don't have enough time

the netherlands and/or france are leaving next

merkel's shitshow is coming to an end

So my plan is to convert my money to the GBP and use it to buy shit when it goes back up, what's the easiest way to do so?

>>1333780
your plan sucks, you won't make any money. go back to /v/ kiddo.

>>1332018
Welp...

>>1333318
Fuck short selling.
Just bet.
Like, on a betting platform?
When Jeremy Corbyn was proposed as a party leader, bookies thought he was such an outsider, some were giving odds of 100/1 or more,
And it started appearing in the 'business' and 'city' and 'finance' sections of papers and related forums. Raised a few eyebrows.
Quite a few traders took note and made a killing on that.
If you earn £100k a year, what's a petty £1k punt with a risk/reward ratio like that?

>>1333332
>>1333333

>>1333780
Enjoy waiting 10-20 years.

You are too late to abuse the exchange rate shitstorm.

>>1333732
The Netherland perhaps.
France is very unlikely. Holland announced he would help france try to take leadership and help reform the EU just a couple hours ago. Only way for it to leave is populist winning the 2017 presidential election, which isn't that likely.

File: 1445130068662.jpg (30KB, 528x480px) Image search: [Google]

30KB, 528x480px

>>1331788
Forgot to sell everything yesterday, guess i'm a life holder now

>>1333965
It will be a few weeks at most, the EU is famous for refusing to let their captives escape.
Brexit will not actually go though, this drop in GBP will spook people into voting remain in the second referendum.

>>1333920
Not to mention bet winnings aren't taxed

>>1334017

Don't know what your holdings are, but if you have any serious investment in general international funds, you're probably up 5% this morning.

BUY YOU MEMELORDS
BUY BUY BUY

>>1334206
OH SHIT SELL YOU GLORIOUS BASTARDS

SELLL SELL SELL

>>1333439
Dont think scotland will leave since they get more concessions and money per capita than the rest of the UK

Why is united Ireland bad again? Their divide is older and more religious than economic, they have closer ties to the USA than EU

Corbyn was doomed from the start, elected by lib dem defectors, hated by blairite elite, blasted as a old communist by the media and being remain when he does not believe the EU could be reformed

>>1334206
>>1334219

I feel people like this are one trade away from going bankrupt.

File: biz.png (16KB, 582x295px) Image search: [Google]

16KB, 582x295px

>>1334244
Yup

>it's going back up
shit I slept through it

>mfw i was right at calling an ES bottom
>could have sat on a contract with a 40 point gain. a 2k gain.

them's the breaks though. chart really slows down at 2050. supports are 2040 and 2030. it is doubtful we go higher sustained above 2050.

now i get to go to work and brag about my 21 dollars lmao.

>>1334503
submit and earn yourself a 4chanpass

File: 1461384139667s.jpg (2KB, 125x87px) Image search: [Google]

2KB, 125x87px

up or down guys up or down, i think down

File: 1370924996876.jpg (71KB, 1023x1023px) Image search: [Google]

71KB, 1023x1023px

>mfw I'm holding until the second referendum is announced and then cash in

>>1333063
I still can't believe DOGECOIN is worth something

>>1334776
But you believe that paper crap in your pocket does, or the numbers on a screen ?

>>1334853
I know it's all a meme (in the sense of their value is solely due to the next person also counting on other people to value it)

But you gotta agree that it feels weird having people valuing a literal joke

>>1334239
>Dont think scotland will leave since they get more concessions and money per capita than the rest of the UK
With the prospect of the new PM reducing that because of the waekend state of the national finances, and with 45% of the country already willing to go?

>Why is united Ireland bad again?
Northern Ireland bleeds money. Tying it to Ireland would drag Ireland down with it.

>>1335023
I agree, but dollars have pyramids on them, quite the meme money too, if you think about it.

>>1334776
1000 doge = 23 cents
it's nothing.

thank god i never put any money into it, just abused faucets on the off-chance reddit caught it and sent it TO THE MOON.

well guys, any gap forecasts ? is gold and bitcoin gonna pop ?

guys how do i read the graphs that people are posting here. What is the USD/JAP thing?
How do I capitalize on this falling of the british pound?
I have 2k USD in my chequing account, can I do something to increase it? Help?

File: typical-swede.png (43KB, 546x320px) Image search: [Google]

43KB, 546x320px

>>1331788
Should I buy the dip?