1. #Belfast #IrishSeaBorder There is no doubt that Brexit & the accompanying Irish Sea Border has destabilised the Union. Whilst the constitutional status of Northern Ireland has not changed, the fact of N.I remaining in the single market of the EU confirms it is”a place apart”.
More from Brexit
31 liars & hypocrites who facilitated brexit
Some are mad, some are bad
All are millionaires, some are billionaires
They’ll profit from UK companies failing, keep their money abroad to avoid UK tax and travel freely with their EU passports
#RejoinEU
https://t.co/mZRr9u1RPb
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 31, 2020
Box 31: Boris Johnson told us:
\u201cI\u2019m in favour of the single market\u201d
\u201cThe cost of getting out will be virtually nil\u201d
\u201cWe have an oven ready deal\u201d
\u201cThere is no threat to the Erasmus scheme\u201d
\u201cF**k business\u201d pic.twitter.com/w8KxDJYV4x
https://t.co/BY6hKloR9d
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 30, 2020
Box 30: Nigel Farage told us:
\u201cIn a 52-48 referendum this would be unfinished business by a long way\u201d
\u201cI never promised brexit would be a huge success\u201d
\u201cIf brexit is a disaster, I will go and live abroad\u201d pic.twitter.com/UfO9gzoUPD
https://t.co/NdC0ltLeSM
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 29, 2020
Box 29: Andrea Leadsom told us:
\u201cI don\u2019t think the UK should leave the EU. It would be a disaster for our economy & lead to a decade of uncertainty\u201d
\u201cMy expectation is that there will not be an economic impact\u201d pic.twitter.com/SMSQ6ruG2h
https://t.co/BLnRLotso7
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 28, 2020
Box 28: Andrew Bridgen told us:
\u201cAs an English person I have the right to go to Ireland, I believe I can ask for a passport can\u2019t I?\u201d
\u201cWe won\u2019t be crashing out, we\u2019ll be cashing in\u201d pic.twitter.com/jFINFu8xNe
The Commission’s view, according to several sources, is that Brexit means existing distribution networks and supply chains are now defunct and will have to be replaced by other systems.
Brexit reality bites: The new dawn of trade friction via @RTENews https://t.co/p6VdlhZUAN
— Tony Connelly (@tconnellyRTE) January 9, 2021
Of course, this was never written on the side of a bus. And never acknowledged by government. Everything was meant to be broadly fine apart from the inevitable teething problems.
It was, however, visible from space to balanced observers. You did not have to be a trade specialist to understand that replacing the Single Market with a third country trade arrangement meant the end of many if not all of the complex arrangements optimised for the former.
In the absence of substantive mitigations, the Brexit winners are those who subscribe to some woolly notion of ‘sovereignty’ and those who did not like freedom of movement. The losers are everyone else.
But, of course, that’s not good enough. For understandable reasons Brexit was sold as a benefit not a cost. The trading benefits of freedom would far outweigh the costs. Divergence would benefit all.
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Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K