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Hareii commented Dec 9, 2018Ask yourself, which bad Brexit news that you have not already known? (1) May's deal will not be endorsed (already known with almost 100% certainty) (2) May will not be PM (already known) (3) May's gov will be toppled (already known) (4) Labor will ...
Brexit: May's cabinet splits over second referendum on deal
- Hareii replied Dec 7, 2018
Take a look at Oanda price candle chart. For EURUSD, there is a huge 20 pips red candle on the last M1 candle before the market close. Just the last min, it plunged 20 pips. But on other platform, there is no such plunge. This abnormal behaviour is ...
Why different prices on different brokers' platform?
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Why different prices on different brokers' platform?
Started Dec 7, 2018|Trading Discussion|5 replies
Below is the closing price for the week (3 Dec - 7 Dec 2018). On Oanda's platform, Pair Bid ...
- Hareii commented Dec 6, 2018
The fact that the meaningful vote may be delayed is a positive sign. It showed that there are active trading behind close doors and May's fate is still undetermined. If there is no hope from the 'negotiation' with the other opponents, the vote would ...
UK PM May Refuses To Rule Out Delaying Tuesday’s Meaningful Vote
- Hareii commented Dec 5, 2018
May's deal will be voted down is pretty much expected, almost 99.9999% certainty. There will be no surprise. The real surprise is if parliament pass it with a slim majority (I cannot imagine how much GBP will gap upward, maybe 300 pips gap in a ...
UK government could bypass parliament to revoke Article 50
- Hareii commented Dec 5, 2018
Do you want to exit EU and still keep your jobs and enjoy a good economy or do you want to exit EU and lost your job in a wrecked economy which breed high crime rate? The people are also competent to decide that.
UK government could bypass parliament to revoke Article 50
- Hareii commented Dec 5, 2018
For trading perspective, the question is Brexit with deal (any deal will do no matter how bad or good) or Brexit with no-deal. No Brexit is better than Brexit with deal. It is better in terms of GBP support, not in terms of political agenda or UK ...
Sterling supported by rising odds of no-Brexit
- Hareii commented Dec 5, 2018
READ the WITHDRAWAL AGREEMENT (585 pages). That is what I have to say. Withdrawal agreement is legally binding.
Brexit legal advice - backstop could mean the UK is subject to protracted and repeating...
- Hareii commented Dec 5, 2018
Only no-deal Brexit will cause GBP to devalue. All the other scenarios are supportive of GBP value because the negative side have been priced in. Think hard about it and ask why. It will be a good learning for your trading.
Sterling supported by rising odds of no-Brexit
- Hareii commented Dec 5, 2018
This is a typical example of people not understanding details of what is May's deal. What I have stated above are all within the WITHDRAWAL AGREEMENT part of May's deal which is legally binding on EU. What is not legally binding is the political ...
Brexit legal advice - backstop could mean the UK is subject to protracted and repeating...
- Hareii commented Dec 5, 2018
The parliament is not the problem. It is the people who is the main culprit. The people put irresponsible self-serving politicians into the parliament which created this mess. It starts with the people and the only solution still lies with the ...
UK government could bypass parliament to revoke Article 50
- Hareii commented Dec 5, 2018
With the current hatred, the Britons are not thinking straight. They always think of what they will be disadvantaged in May's deal without giving a single damn thought to what it meant to EU. Take for example the Irish backstop. The fact is EU don't ...
Brexit legal advice - backstop could mean the UK is subject to protracted and repeating...
- Hareii commented Dec 4, 2018
It means that once the legal advice is fully published for the entire world to see, UK can kiss goodbye to its leverage in future negotiation with EU on trade. The legal advice probably contained many legal constraints on what the UK gov can do and ...
UK Parl’t Votes That Govt Is In Contempt Over Brexit Legal Advice - Orders It To Publish...
- Hareii commented Dec 4, 2018
Instead of spending these valuable 5 days to discuss and debate on May's deal, now they are arguing over contempt of the house citing their demand for full disclosure of AG legal advice. This is just a pure distraction from the main issue which is ...
BoE’s Carney: Brexit Scenarios Not What’s Likely To Happen
- Hareii commented Dec 4, 2018
Much if not all of the negatives (except an almost certainty of no-deal which probably see GBP move in excess of 500-2000 pips further down to $1.0-$1.1 against USD) have been priced in. But that does not exclude volatility plus/minus from the ...
BoE Gov Carney: Sterling Volatility Has Prevailed But Not Dramatic Moves
- Hareii commented Dec 4, 2018
(1) May's deal will be voted down (2) May will next propose "Norway Model Plus" alternative (3) If still voted down, May resign so as not to trigger vote of no confidence on the gov from Labor (4) New PM extend Article 50 (which mean no Brexit on ...
BoE’s Carney: Brexit Scenarios Not What’s Likely To Happen
- Hareii commented Dec 4, 2018
The rule is if UK wants to revoke Article 50 (i.e. u-turn on Brexit), all 27 members of EU27 has to vote unanimously to agree to the revocation. If just one member vote it down, the revocation will be void. In other word, UK cannot choose ...
EU Court Aide: UK Could Pull Article 50 Unilaterally
- Hareii commented Dec 3, 2018
The possibility of a general election being pushed by Labor is enough to send fear into the smaller parties and those Tories rebels. The Labor is not offering a better deal or even a guarantee that they will secure a better deal but they want to ...
UK PM May says I will still have a job in two weeks time
- Hareii commented Dec 3, 2018
The man said it himself at the end of the below interview. He said, I quote, "I voted personally in 2016 to remain and campaign for remain and reform..." url
UK PM May says I will still have a job in two weeks time