How is everyone trading the French Election? After the Brexit vote at least i have some idea how to research and trade an election, unfortunately i have to work until noonish.
How is everyone trading the news on the day?
Two main currencies to consider:
6E (Euro) – direct impact
-Sell off if Le Pen elected?
6J (Yen) – Risk off trade
-Rally if Le Pen elected?
Things to consider:
1.) voter turnout
2.) vote counted and results at market open
3.) gap open up/down
4.) where is the crowded trade
Looking forward to more discussion. Will come back as time permits.
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