Well done Brexit   ---- why dont we go back to the original idea --- I know well call it the ' COMMOM MARKET' not bloody Euroland.

As forecast AUS200 down ( spectacularly )

As forecast  -- GBP/USD went between fibo 50 and 61.8 and then plummeted down

XAG/USD is forming 3rd leg of M pattern should be coming down  --- panic after Brexit sent it up!

Sorry yesterdays post GBP/USD should have read its at 4663

GBP/USD going up to fibo 61.8 point at least, as forecast by the charts, it could stop at at the  50 fibo, but more likely 61.8 at 5155--- now at 4863
So the market knows, who exactly are the controllers of the market. Bilderberg types!!!

As I stated UK100 went up, watch for price action for turning point when going down.

XAG/USD  now 1726 could well be going down soon, again watch price action, maybe down to 1671 or further

AUS200 now 5275 at 61.8 Fibo watch price action to go down


In my other trades I have nothing paired with the pound for obvious reasons !!


Fact

Since May 2013 the UK100 has been on a downward path -- so nothing new.

Also

GBP/USD has also been going down since 2007 -- again nothing new here.

This is a letter I sent to my daughter to explain why we should leave the EU

Hi Rach

I hope the pregnancy is going well. Great to hear from you.

Yes all well here , thank you.

Saw Oma last Sunday she seems to be well.

Re the EU,it was sold to us as common market – no mention was ever made of a Political Union – because they new hardly anyone then would ever vote for it. The people in power have lied to us all the way through --- we are GREAT Britain.

5th largest economy in the world

We have the fourth largest armed forces budget in the world.

We are in NATO, that has kept this country safe, not the EU.

We can re take our seat at the World Trade Organisation and negotiate our own deals again – at the moment we are restricted by the EU, as we are not allowed to be at the World Trade Organisation.

The EU needs us, far more than we need them.

The EU as a trading group are in a very bad position, and going backwards. Greece has been crucified, Spain and Portugal and Italy are in a very bad way. Spain youth unemployment 50%

The EU have shown how useless they are re immigration they so desperate they are promising Turkey ( 80 million people ) free access to the UK and the EU, as a bribe,  to help with stopping the 100,000’s immigrants flooding into us and the EU.

Use the Australian Points system and works permits to say who we have in.

We have well over 300,000 people coming in each year, that we know of, mainly unskilled, willing to undercut our wages.

Hospitals, schools, all in major, trouble because we have far too many people coming in

40% of new immigrants were in receipt of tax credits!!!!!

All the great and the good said we must join the Euro – all the same Politicians and Companies and Economists, if we didnt then the world would fall in on us – our economy would collapse  -- It was the best move we made to stay out, which everyone now agrees.

Economists and The Bank of England are renowned for getting things wrong, that is well known and agreed as a joke by any honest people in the financial world.

Barak Obama says we will go to the back of the queue, for a trade deal, if we leave – that's rubbish – but how nasty – and we are supposed to have a special relationship ( this is after all the things we have backed them up with )

All these people wanting to stay in have vested interests, Cameron and Osborne know they will no longer be Prime Minister and Chancellor if they lose  -- as well as looking very stupid.  All those endless trips over to Europe, getting them out of doing work at home.

The MP’s with all there trips over to the EU.

All the Mep’s who we have not heard of, apart from good old Nigel Farage.

All the MP’s and the great and the good who tell me I am a racist, and other sneering words.

When we leave the EU, it will change as Holland will follow, as will other countries, the EU has had its day. Lets get back to the common market --- no longer will other countries like Africa, for example unable to trade with us or the EU because of unfair EU tariffs --- the EU led by the drunk Jean Claude Juncker is a busted flush ( great expression )

The EU accounts have not been signed off by the auditors, for the last 12 years, unbelievable.

Every 6 months the whole EU parliament moves from the Hague in Holland to Brussells in Belgium, all the MeP’s. all their staff, all the interpreters, all the Commissioners – everybody and everything, u-n-b-e-l-i-e-v-a-b-l-e

Oh and finally, they show how jealous they are of us in Europe, by votes in the eurovision song contest  -- UK NIL POINTE –

Please pass this on Rach to anyone you know that also might be thinking of voting remain, so they can make an informed  judgement.

Love to you and Chip

Love, Dad ( as you know very proud to be Dutch and British ) look forward to seeing you both soon --    xxxxxxxxx  all typed without a drink – ho,ho,ho

Well at long last FT100 moved down, past my start position of 6083, it went to 5923 so 160 pips profit. It is now on a pullback to maybe 6135 or less, and then will continue down.

As the FT is made up of at least 40% foreign owned companies, they will drag the index down. Everything points downward. Great for the Pound and re exports.

Not many people seem to known that the London Stock Exchange is being sold to the Germans, they have tried before and failed but this looks as though it could well happen, ------- what the fuck are we doing --- the sooner we get out of the EU the better. Please read the last article very very informative 

 AUS200 took at 5158 now 5150. Could be going down to 5095, area fibo 61.8, then again pullback, and then continue down. So at the moment a wapping 8 Pips profit

XAG/USD  Could well be turning down, its at a significant point at 1745 down to 1645 possibly on a pullback and then up.

Results of our EU membership-

Cadbury moved factory to Poland 2011 with EU grant.
Ford Transit moved to Turkey 2013 with EU grant.
Jaguar Land Rover has recently agreed to build a new plant in Slovakia with EU grant, owned by Tata, the same company who have trashed our steel works and emptied the workers pension funds.
Peugeot closed its Ryton (was Rootes Group) plant and moved production to Slovakia with EU grant.
British Army's new Ajax fighting vehicles to be built in SPAIN using SWEDISH steel at the request of the EU to support jobs in Spain with EU grant, rather than Wales.
Dyson gone to Malaysia, with an EU loan.
Crown Closures, Bournemouth (Was METAL BOX), gone to Poland with EU grant, once employed 1,200.
M&S manufacturing gone to far east with EU loan.
Hornby models gone. In fact all toys and models now gone from UK along with the patents all with with EU grants.
Gillette gone to eastern Europe with EU grant.
Texas Instruments Greenock gone to Germany with EU grant.
Indesit at Bodelwyddan Wales gone with EU grant.
Sekisui Alveo said production at its Merthyr Tydfil Industrial Park foam plant will relocate production to Roermond in the Netherlands, with EU funding.
Hoover Merthyr factory moved out of UK to Czech Republic and the Far East by Italian company Candy with EU backing.
ICI integration into Holland’s AkzoNobel with EU bank loan and within days of the merger, several factories in the UK, were closed, eliminating 3,500 jobs
Boots sold to Italians Stefano Pessina who have based their HQ in Switzerland to avoid tax to the tune of £80 million a year, using an EU loan for the purchase.
JDS Uniphase run by two Dutch men, bought up companies in the UK with £20 million in EU 'regeneration' grants, created a pollution nightmare and just closed it all down leaving 1,200 out of work and an environmental clean-up paid for by the UK tax-payer. They also raided the pension fund and drained it dry.
UK airports are owned by a Spanish company.
Scottish Power is owned by a Spanish company.
Most London buses are run by Spanish and German companies.
The Hinkley Point C nuclear power station to be built by French company EDF, part owned by the French government, using cheap Chinese steel that has catastrophically failed in other nuclear installations. Now EDF say the costs will be double or more and it will be very late even if it does come online.
Swindon was once our producer of rail locomotives and rolling stock. Not any 

Morning

Time to get out of UK100 now went to 6059 --eventually so now 23 Pips profit. Likely to reverse up now to 6175 and then 6215

AUS200 coming back down.

XAG/USD went from 1605 up to predicted 1720 so 115 Pips Profit  -- its reached 61.8 Fibo point could well be reversing, could well be a pullback and down -- it remains to be seen.

AUS200 coming down -- now 5338


UK 100 now 6243 coming down

Long time no post

XAG/USD went down to 1588 so made 38 pips profit --- its now starting a pullback faze from 1605 up to possibly 1648 or even 1720

UK100 now 6163  has hit 61.8 fibo so down it comes---- slow -- I said it would come down going towards 6111 --- or more. I took it at 6083 so still away to go.  Obviously the euro vote uncertainty will also bring it down over the next few weeks.

AUS 200 now 5369 so went up as opposed to down  -- on a pull back at 61.8 so should come back to start point 5158 and past it

Lets hope Brexit wins and we trade more with Commonwealth Countries and China etc and we control our borders and have skilled people who we need. Also make our own laws etc in our Parliament..  Europe is going down the tubes and crucifying Greece - Spain -- Italy and Portugal