Ok we all know it is Brexit day but some of you may not know when the result is expected.
The polls close at 10 PM UK time and depending on how near the result it may be around 5 or 6 AM Friday ..possibly 7 AM.
Possibly the most important consideration is the Exit poll.
During the last election the BBC released its poll after 10PM calling the election very accurately and more importantly totally different than any opinion poll
( leading to Paddy Ashdown's "I'll eat my hat " statement)
The markets seem to favour Remain but if the exit poll did suggest leave then it could be carnage.
The timing of the exit poll is especially important if you trade markets such as index's as some take a break at 10PM and could gap substantially.
I am not telling anyone how to trade but be careful.
The polls close at 10 PM UK time and depending on how near the result it may be around 5 or 6 AM Friday ..possibly 7 AM.
Possibly the most important consideration is the Exit poll.
During the last election the BBC released its poll after 10PM calling the election very accurately and more importantly totally different than any opinion poll
( leading to Paddy Ashdown's "I'll eat my hat " statement)
The markets seem to favour Remain but if the exit poll did suggest leave then it could be carnage.
The timing of the exit poll is especially important if you trade markets such as index's as some take a break at 10PM and could gap substantially.
I am not telling anyone how to trade but be careful.
The greatest enemy of a good plan is the dream of a perfect plan.