BLACK FRIDAY IN THE MAKING:
Since last 4 months i am of the opinion that BREXIT will happen.
Now it’s time to take few entries in the Financial Markets based on our prediction that BREXIT will happen.
GBPUSD: Sterling currently is trading around 1.4950.
Everyone should SHORT-SELL the Hell out of it. Place your Stop-Loss at 1.5300. Target is 1.3450.
Note: If the trade comes out right we will be able to book a profit of 1500 pips within 24-36 hrs, otherwise we will loose 350 pips. The Risk and Reward Ratio is perfect and technically i am confident that our target will be achieved.
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GOLD: Gold is currently hovering around 1265/Oz.
We are BUYING gold at current price of 1265, Stop-Loss should be placed at 1240 and Target should be 1345/Oz.
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CRUDE OIL: Crude Oil is trading at around 50.30/Brl.
We will not take any Position in CRUDE OIL at the moment, but for your guidance, i would like to comment that Crude will take a hit and will decline on BREXIT.
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STOCKS:
Stocks Markets all across the Globe will take a severe beating, specially DOW, FTSE, NIKKEI.
& Yes PSX will also take a hit.
Just to Recall, We had already liquidated All our PSX holdings last week, which were bought at 31,000 index level few months back. We will be coming out with a New PSX Strategy over the weekend.
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NOTE: At the moment, We don’t need to take position in everything, we will just take positions in GBPUSD and GOLD.
Once these 2 trades are complete, all of you will be guided via WhatsApp about the next Strategy.
Wishing you all the very best,
Raheel Shaikh.
