Farewell United Kingdom

Ok, which body of ‘unelected officials’ have passed (presume you mean created) which laws, rules and regulations?

Just curious.

Bard, between this and other threads you have posted on it is becoming increasingly obvious how little you actually understand compared to what you think you know.

You may actually believe what you are saying or you may just be amusing yourself, either way I will respond no further.

Sorry Eddie, but your need to resort to ad hominem attacks shows how much of a fool you are. 51% of Brits voted out, sad reality for you Eurocentrics.

Let us get back to trading talk!

So, here is the question:

what impact do you foresee

Brexit having on the Euro and the Dax

in the coming days/weeks?

What of Sterling and the FTSE?

Meanwhile, this is now the fourth thread this week (and the second today) in which you’ve insulted long-standing, respected members. Name-calling is [U]NOT[/U] welcome here.

And you’ve only been here two weeks.

I have the feeling that your membership of this forum might be [I]very[/I] much briefer than you imagined, if your behaviour here doesn’t change [B]profoundly[/B] and [B]quickly[/B].

no it does not. simply because, what you think or claim as knowledge or fact, is wrong. and the reason why everyone is ignoring your statement is because we are not your teachers.

it is your duty to come here with the necesarry knowledge to actually be able to contribute to any meaningfull conversation. it is not our duty to teach you.

and that is why everyone is ignoring many of your statements. its simply too much work to first give you knowledge and then on top of that change your opinion. instead its easier to let you habe your opinion based on dangerous “half-wisdom” or “wrong knowledge/information”

as the old american saying goes: check yourself before you wreck yourself.

and im sorry im a bit more direct then the other people who posted towards you. but they got 2 things which im missing in my life: endless patience and the nerves to explain things to people which are easily accessible via google or any other reputable sources in the internet which can be found within 2 seconds.

impossible to predict now with all the new news coming out every few hours giving hope and fear to the markets.

my tactic is short term trades the next week simply followong technical analysis and xomcompletely skipping any fundamentals or news.

Thank you :slight_smile:

Good choice…stay safe…

And congratulations on the new arrival, again
…I hope you get enough sleep :slight_smile:

thank you bro! yes all good here. if you want the truth: im letting my wife take care of that im old fashioned :smiley: so yes enough sleep hehe

how is it with you? u finally managed to get some sleep aswell or still posting at 2, 4, 6, 8 like you did the last few weeks (as i observed)? :slight_smile:

Haha yes, you obserbed well: my baby would wake up a lot, to begin with, but now she sleeps much better at night…

Congratulations, again…

to you too congratulations!! sorry i forgot to add that in my first reply.
im bit drunk and down as croatia lost against portugal and we are out of european championchip :frowning:

Clearly, it will be years before there is any fundamental data that actually confirms how Britain is faring on its own and so in the meantime I think markets will be extremely sensitive to anything that might have a bearing on the eventual outcome. I guess two major areas of concern will be:

  • how Scotland and N. Ireland react. I doubt many exit voters actually considered that leaving the EU could actually also be a suicide vote for the UK itself. Without Scotland and N. Ireland there is no longer a UK, no longer a Union Flag and a severely depleted royal kingdom. The prospect of just an “England” on its own instead of a “UK” on its own would surely be a major negative influence on sterling-based confidence.

  • any signs that financial institutions and international companies are considering moving their operations from England to continental Europe and/or freezing or postponing further investment into England will seriously feed the fires of uncertainty.

Of course, it is always possible that there is a sudden reverse D-Day now that the EU has seen the British boats actually upping anchors and sailing back from the Normandy beaches and suddenly offer the UK a deal that a new political figure in the UK can offer to the public as “the deal that we simply cannot refuse” - with which the Bremains would be overjoyed and in which even the pro-brexits could be jubilant as it would indeed have been their vote that killed off the old EU and created a brand-new EU for Britain - but then we wake up when we realise that 27 other countries would have to accept that “superdeal” and at the same time accept that their own terms would remain unchanged - not a likely scenario!

As for the remaining EU, Britain’s exit is not just a bad cold from which it will automatically recover, it is a leg amputation. There is no substitute “UK lookalike” that can step in and replace Britain’s role in the EU. So the major issue here is how does the EU successfully readjust after its permanent divorce. The first hurdle is preventing gangrene spreading to other limbs that then also end up being amputated. If France, Holland and other even minor members like Finland also give in to pressures for their own referendums then the Euro will suffer considerably until these are also processed. The Euro was threatened by Greece and is still under that shadow and if a significant euro country also votes to leave the EU then I doubt there is little possibility or even much sense left in trying to save it.

So, in a nutshell, my focus is on:
a) what now happens with Scotland and Ireland
b) what now happens with the remaining EU countries
c) what now happens with international commercial and industrial interests in the UK (or just England)

Excellent post Manxx!!

Yes, Nice post(s) Manxx.

Hopefully as pip suggested we can get back to trading talk now. I would think that sterling will need decent economic data to
help offset the mess and uncertain times that the UK have voted for. If the economy is weak then there is absolutely no reason to hold sterling.

It’s only farwell if the aud usd doesn’t pick up next week.

Saw 2 ladies on tv saying they voted Leave because of the decline of the coal and steel industries???


Poor old Boris has been looking very glum recently after realising that if he becomes PM he’s going to have to be the one to trigger Article 50 which will in turn trigger an existential crisis for the UK as well as whatever economic impact befalls the UK. No wonder the leave campaign are beginning to furiously backpedal on timelines and campaign “promises”.

Yeah they didn’t expect the crash to be so big even me. But if you think about it europe doesn’t export anything not good.

Hi. Not sure if you mean “Europe doesn’t export anything bad” or "Europe doesn’t export anything[B],[/B] not good"
Can you clarify, as it makes a big difference

Absolutely.

Boris is stuck in an impossible dilemma: if he leads the Tories but invalidates the referendum outcome he will be ostracised by the party’s Eurosceptics; if he leads the Tories but takes the country into a recessionary period he will be ostracised by the media, the voting public, and the Tory Europhiles… If he declines becoming PM them his career will be finished… No wonder he looked glum coming out of his house on Friday…