Aside from the sheer volatility that last week’s EU referendum caused, it did something much more meaningful and helpful for the traders who remained patient. The aftermath of the event revealed where the real opportunities lie. It shed light on markets that had made false breaks ahead of the vote and at the same time offered follow through to others. Take Thursday’s GBPUSD close above 1.4740 as one example of a false break. Another example would be NZDUSD closing above the 0.7180 area just hours before the panic selling began, which triggered a 330 pip landslide. Alternatively, we have a pair like EURNZD where ... (full story)