NexusFi: Find Your Edge


Home Menu

 





Brexit 101


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one xplorer with 267 posts (374 thanks)
    2. looks_two SMCJB with 80 posts (150 thanks)
    3. looks_3 jtrade with 76 posts (126 thanks)
    4. looks_4 Rory with 43 posts (67 thanks)
      Best Posters
    1. looks_one SMCJB with 1.9 thanks per post
    2. looks_two jtrade with 1.7 thanks per post
    3. looks_3 Rory with 1.6 thanks per post
    4. looks_4 xplorer with 1.4 thanks per post
    1. trending_up 263,435 views
    2. thumb_up 1,299 thanks given
    3. group 43 followers
    1. forum 774 posts
    2. attach_file 64 attachments




 
Search this Thread

Brexit 101

  #231 (permalink)
 
puma's Avatar
 puma 
zurich
 
Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Trading: Bund, ES, ...
Posts: 964 since Aug 2010
Thanks Given: 7,273
Thanks Received: 1,507


Okina View Post
I think that the debate on a trading forum could/should be over financial implications of this vote and not on bashing pro or anti EU.

You can not divide financial implications from the geopolitical topic.

Follow me on Twitter Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
Exit Strategy
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Diary of a simple price action trader
26 thanks
Just another trading journal: PA, Wyckoff & Trends
24 thanks
Tao te Trade: way of the WLD
22 thanks
My NQ Trading Journal
16 thanks
HumbleTraders next chapter
9 thanks
  #232 (permalink)
 bebop 
Lima Peru
 
Experience: Advanced
Platform: Sierra CQG TradingView
Trading: ES / CL / Equities
Posts: 61 since May 2012
Thanks Given: 348
Thanks Received: 97


srgtroy View Post
The good news is...you have a bright future in political comedy. As for real politics, not so much...

Just about everything you claim above to be true is an unsubstantiated conspiracy theory or gross distortion of the truth and the idea that none of it is disputed by the media is absurd.

I cannot argue about the merits of Brexit, but if you are so wrong on the above points, I can only assume...

@srgtroy I haven't said anything personal about you so can we reel-in the sarcasm levels - I'm only presenting facts. If you disagree with them - that's fine...
I'm sorry - I know this is off-topic and I won't comment on this again here - you can start another thread if you like and we can discuss this further. I'd do that myself - but I'm unclear about the mechanism...

Here's the links to the US Defense Intelligence Agencies own documents from 2011 and 2012 showing that the Obama admin knew that weapons were being shipped from Benghazi to rebel troops in Syria in their strategy to overthrow the Assad regime, and knew these rebels were islamic jihadists.

JW: Obama Admin Knew About Benghazi Before It Happened

together with an interview with General Micheal T Flynn (head of the DIA) stating that Obama's administration made the "willful decision" to back the islamic jihadists in Syria (knowing that there are/were no "moderate" rebels)

the transcript:
Transcript: Michael Flynn on ISIL - Al Jazeera English

together with 2 separate Pullitzer-prize winning investigative journalists (neither of whom I have particular afinity with their political views, but nevertheless their journalistic resumes are outstanding) reports on the conflict both historically and more recently, and the US role in it - confirming what I said.

https://consortiumnews.com/2015/12/12/blocking-democracy-as-syrias-solution/
The Redirection - The New Yorker

I hope you find them enlightening/interesting....
Peace.

Now - - I promise!

Reply With Quote
  #233 (permalink)
 
puma's Avatar
 puma 
zurich
 
Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Trading: Bund, ES, ...
Posts: 964 since Aug 2010
Thanks Given: 7,273
Thanks Received: 1,507


something else:

I read through the last 3-4 pages and found the diverse arguments quite interesting.

One easily forgets about an opposing view after having formed your own opinion.

Also puma's Law of mediocrity applies :

A similar discussion like we have here about "Brexit and what now" - is undergone all over the world now.

Probably fuel for uncertainty and hence volatility in the markets.
(this was mentioned before)

Follow me on Twitter Reply With Quote
Thanked by:
  #234 (permalink)
 
srgtroy's Avatar
 srgtroy 
Los Angeles, California Republic
Legendary  R.I.P. 1965-2023 
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
Posts: 1,928 since Jan 2011
Thanks Given: 1,375
Thanks Received: 3,722

Interesting stats from the WSJ:

Seldom has the United Kingdom looked less united: London and Scotland voted to stay in the EU, Wales and the English shires voted to get out. (Scottish First Minister Nicola Sturgeon has already called a fresh vote on secession “highly likely.”) Some 70% of university graduates were in favor of the EU; an equally disproportionate 68% of those who hadn’t finished high school were against it. Londoners and those under age 30 were strongly for Remain; the northern English and those over 60 were strongly for Leave. An astonishing 70% of the skilled working class supported Brexit.

Brexit: A Very British Revolution - WSJ

Reply With Quote
Thanked by:
  #235 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,969 since Sep 2015
Thanks Given: 15,475
Thanks Received: 15,365



Not that surprised to be honest.

Started this thread Reply With Quote
  #236 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205


mattz View Post
Thanks! Understood. After so many years in the financial business, I don't take most article seriously.
Google changed journalism because most just want to get indexed ASAP to get higher page views in order to sell ads.
They are also written in a fashion where they evoke serious emotions and create arguments about them, and again this creates higher pages views.

Yes unfortunately the news business is now about selling advertising rather than the news itself.

Reply With Quote
Thanked by:
  #237 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,969 since Sep 2015
Thanks Given: 15,475
Thanks Received: 15,365

I think it's worth leaving this here, courtesy of the BBC....


Started this thread Reply With Quote
Thanked by:
  #238 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205


Okina View Post
you are certainly all aware of what is called the "bank passport". The bank passport is a EU regulation that state that any bank that has its head office in a EU country can do business in all the EU. This regulation plus a very favorable tax system was the major reason that have made UK the financial center of Europe.

London was the financial center of Europe before the EU even existed.

Reply With Quote
Thanked by:
  #239 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205


SMCJB View Post
I recently went from England-France-Switzerland-Italy-England and was very surprised the only place I needed my passport was leaving and entering England even though Switzerland is outside the EU.


bebop View Post
Switzerland is a member of the Schengen area - the UK isn't.

Id just found it interesting that I don't have a European Passport and nobody in Europe other than English cared where I was or where I was going. I understand the borderless advantages to Euro's but surprised it's borderless for everybody not just Europeans.

Reply With Quote
Thanked by:
  #240 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 647 since Apr 2015
Thanks Given: 2,347
Thanks Received: 1,057



srgtroy View Post
Some 70% of university graduates were in favor of the EU


This is a slightly "artificial" statistic, to be interpreted carefully.

While technically true, it also conceals several significant pieces of information about universities, degrees and education in general, which collectively mean that all it really shows is that younger people are far more in favour of "Remain" than older people. (There are far more young people going to university these days; there are far more institutions now classified as "universities" than ever before; far more post-school educational and vocational qualifications are now classified as "degrees"; and so on.)

It doesn't necessarily imply (as some might at first - understandably but mistakenly - imagine) that "better educated people are more pro-EU".

Reply With Quote
Thanked by:




Last Updated on September 27, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts