So everyone (the media, traders, even grandmothers, go ahead — just ask them) have “Brexit Brain.” Brexit means this… Brexit means that.
The real takeaway from the volatile move(s) in the market is this: No One Knows…
If it were that clear, the markets would not have moved as fast and far as they did. Remember, surprise is what pushes market participants and uncertainty makes the markets jittery (and participants move away from risk-taking).
Also, from a technical point of view, the large “Brexit Candles” we highlight the importance of using a “too big” rule in your trading… this is something I employ, and I explain what this is (and how you can use it also) in this video:
Here’s the “impulsive” tests I talk about in the video.
