The ACD Method

GBPJPY has had a daily range of about 15.66%.

The BoJ lot must be choking on their Ramen.

 

Trump ain't carrying the northeast or the west coast...just no way.

 

Were you guys positioned for this vote in any way? I just stayed out.

 

Lot of margin calls on the open tomorrow.

 

Totally flat apart from long term stock and ETF holdings. Oh and my NG options.

 

I started leaning short index and long vol right before the break when I saw the first votes come in. I added some long bond exposure mid way through the evening.

 

i was pretty much flat , by the way "Sunderland" was great tell with regards to where the votes where headed

 

I bought a position in VXX (Vix) at 3:00 pm today when the market was pricing remain as a near certainty, I took a $2,000 drawdown by the time the market closed. Figured I deserved it since that is the usual outcome when you try to fade a move. Hopefully the exit vote does win.

My rationale for the trade was that the Vix would probably only fall 5% tomorrow if the vote went as everyone was expecting (remain) at 3pm, but if there was a surprise exit vote the up move could be much more than 5%.

 

Yeah I really sprung into action when I saw just how one sided the complacency was....btw, the number lines were negative in the indices.