The Traderszone Network

So often, a good trading plan is ruined by sub-optimal execution. Sometimes we can identify great trends with strong underlying fundamentals, only to join the trend when it’s about to end. Other times, we try to pick the best possible spot for an entry, and price carries on its merry way without us.

Chartists will look back at the long-term charts and try to figure out where exactly this big Brexit panic actually occurred. Was there even such an event? There is something to be said for monthly close-only charts because they filter a lot of noise, and June was definitely a month with lots of noise. Despite some volatile swings, the major indexes ended the month with little change. Outside of the Nasdaq 100, the monthly gains and losses were between +1% and -1%. The Dow Industrials led and the Nasdaq 100 lagged.

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Leaders want to work out a compromise with Corbyn that would see some of his policy proposals being retained if he agrees to step down.

Jens Weidmann, head of Germany’s central bank (the Bundesbank) says “The Brexit vote is no reason to loosen budget rules”
Weidmann was speaking in an interview with ‘Focus’ magazine.

750+ Norwegian oil workers were threatening to strike, but a deal has been reached
– A strike would have cut the output from Norway, western Europe’s top oil and gas producer, by around 6%
But … all good!

By Chris at www.CapitalistExploits.at

I’ve been inundated with questions from many of you following the recent events. Brexit, that is, not Justin Timbertrouser’s latest antics. While I can’t publish all of them, I’ve selected what I think are some of the most important ones.

A lot of questions were related to positioning during and post Brexit. I hate to mention it as I may choose to trade out of whatever I mention at any given moment so please bare that in mind.

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The world saw the British government and the opposition descend into a Jacobean revenge tragedy, the Financial Times reports.