Market Commentary 08/11/16

Guy’s with the election results being released later on tonight it’s best to just stay out the market for the moment. There’s no point doing any analysis because everything could change by this time tomorrow. If you have any trades open now, either tighten up or your stops or close the trade completely if the market is currently close to your entry price. Big moves could occur when the results are released, these moves may initially cause the market gap,  if the market gaps through your stop whilst your asleep, you could wake up tomorrow with a huge loss on your hands so be very careful about what you do with your trades tonight.

I’ll have a look at what’s happened tomorrow and give you my updated analysis,  have a good night.