Daily Alert: Tuesday 15th January 2019

Mark NugentDaily Alert, Jan 2019

Daily Alert: Tuesday 15th January 2019

Risk sentiment turns more positive overnight. The markets are quiet with little economic news flow. The big event today is the Brexit vote. Voting will take place between 8pm and 9pm. The market is expecting a heavy loss for the government so prices should not be impacted on longer time frame charts. The danger of course is volatility lasting for seconds and minutes. Remember stops are not guaranteed. I strongly advise being out of GBP pairs this evening. The biggest trading opportunity tonight may be long equity indices if the positive sentiment lasts the day.

Looking forward to tonight’s vote.

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