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Hedging strategy for EU Referendum trade?
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[QUOTE="Enivid, post: 104027, member: 1"] In theory, what you propose is a good trading idea. In practice, it has a big risk of [B]both stop-loss hitting with huge slippage each[/B]. What also I find discouraging from taking such a trade is that the UK referendum is not an event with some particular release time. There is no set time for vote results report, and there will be a plenty of exit poll and preliminary results releases hitting the market at irregular intervals. I find that compared to [URL='http://www.earnforex.com/blog/what-to-expect-from-fomc-june-2016-meeting/']today's FOMC decision[/URL], Brexit is rather difficult to "catch" with such a news trading strategy. Anyway, if you decide to go for it, please use modest [URL='http://www.earnforex.com/position-size-calculator/']position size[/URL]. [/QUOTE]
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