- 0
How do I change my limited risk account back to standard - phone lines are clogged?
Asked by
ahantu1982,
-
General Statistics
-
Total Topics23,592
-
Total Posts96,928
-
Total Members44,156
-
Most Online7,522
10/06/21 10:53
-
-
-
Posts
-
By tradinglounge · Posted
The Procter & Gamble Co., Elliott Wave Technical Analysis The Procter & Gamble Co., (PG:NYSE): 4h Chart 1 December 23 PG Stock Market Analysis: We are looking at the possibility of a bullish scenario, which is very similar to what is happening with the DJI. Looking for a potential correction in wave (2) to be in place to now resume higher. PG Elliott Wave Count: Wave {i} of 1. PG Technical Indicators: Above all averages. PG Trading Strategy: Looking for longs into wave {iii} with 153$ as tested support. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! The Procter & Gamble Co., PG: 1-hour Chart 1 December 23 The Procter & Gamble Co., Elliott Wave Technical Analysis PG Stock Market Analysis: Looking for a potential diagonal in wave {i} and a three wave move in wave {ii}. We are now looking for a potential wave (iii) of {iii} to be in place which should start an acceleration higher. PG Elliott Wave count: Wave (iii) of {iii}. PG Technical Indicators: Above all averages. PG Trading Strategy: Looking for longs into wave {iii} with 153$ as tested support. -
The group decided to reduce production by an additional one million barrels per day. Source: Bloomberg Commodities OPEC Price of oil Petroleum industry Saudi Arabia Brent Crude Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Thursday 30 November 2023 18:09 Key Takeaways: OPEC+ announced a strategic decision to cut oil production, influenced by Saudi Arabia's desire to maintain high oil prices. The production cut will reduce output by an additional one million barrels per day, which is expected to have significant implications for the global oil market. OPEC+ plays a crucial role in the oil industry and their decisions can greatly impact oil prices worldwide, affecting gas prices and the stock market. The decision to cut production reflects the ongoing power dynamics within the global oil market, with Saudi Arabia showcasing its influence within OPEC+ by successfully lobbying for the production cut. The move by OPEC+ underscores the importance of oil prices in supporting national economies, as Saudi Arabia seeks higher prices to bolster its own economy. In a strategic move, the OPEC+ oil cartel, comprising members of the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers like Russia, announced on Thursday that they would be cutting oil production. This decision was heavily influenced by Saudi Arabia, as the country was keen on maintaining high oil prices. The group decided to reduce production by an additional one million barrels per day. This decision is expected to have significant implications for the global oil market. OPEC and its allies, known collectively as OPEC+, have been key players in the oil industry for many years. Their decisions can significantly impact oil prices worldwide, affecting everything from gas prices to the stock market. This recent decision to cut production is a strategic move aimed at keeping oil prices up. The decision by OPEC+ also reflects the ongoing power dynamics within the global oil market. Saudi Arabia, one of the world's largest oil producers, has been pushing for higher oil prices to support its economy. By successfully lobbying for a production cut, it demonstrates the influence it wields within OPEC+. Brent crude oil – technical trading view Source: IG The share price of brent crude has formed an inverse head and shoulders reversal pattern (shaded grey). The reversal pattern suggests that the near-term downtrend is now reversing into a short-term uptrend. A close above 82.60, the neckline, would confirm the pattern. In this scenario, 87.20 becomes the initial upside resistance target from the move, while a close below the 80.60 level might be used as a stop loss indication. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary. -
The US dollar extends its recovery as yields push higher; Powell’s speech on Friday will take center stage. What are key levels to watch on EUR/USD and GBP/USD? Source: Bloomberg Forex Shares GBP/USD Euro EUR/USD Federal Reserve Diego Colman | Market Analyst, New York | Publication date: Friday 01 December 2023 04:57 The US dollar, as measured by the DXY index, extended its recovery on Thursday, boosted by a bounce in US treasury yields following remarks from San Francisco Federal Reserve president, Mary Daly indicating that the FOMC is not yet considering slashing borrowing costs. Daly's forceful position, which clashes with the more cautious posture embraced by other colleagues, highlights a widening chasm between the doves and the hawks. Upcoming market events Source: DailyFX To address uncertainties regarding the broader central bank’s stance, traders should closely monitor Fed chair Jerome Powell’s speech at Spelman College on Friday. This event might serve as a platform for the FOMC chief to provide clarification on the monetary policy outlook. Hawkish comments endorsing higher interest rates for longer are likely to exert upward pressure on US yields, creating the right conditions for the dollar to prolong its nascent rebound. On the flip side, a lack of pushback on dovish market pricing ( many rate cuts for 2024 already discounted) could drag yields, weighing on the greenback. EUR/USD technical analysis The EUR/USD fell for a second consecutive day on Thursday, with losses accelerating after the release of weaker-than-expected Eurozone inflation data for November. If the pullback gathers steam in the coming trading sessions, the lower boundary of a short-term ascending channel at 1.0890 may act as support, but the prospect of a drop towards 1.0840 cannot be ruled out if a breakdown unfolds. Conversely, if bulls regain control of the market and the exchange rate resumes its recent advance, the first ceiling to watch is positioned at 1.0960, which corresponds to the 61.8% Fib retracement of the July/October slump. On further strength, a revisit to November’s peak is probable, followed by a potential rally towards horizontal resistance at 1.1080. EUR/USD technical chart Source: TradingView GBP/USD technical analysis GBP/USD also retreated on Thursday, but managed to remain above technical support in the 1.2590 region. This moderate pullback is unlikely to signal a shift towards a negative outlook; rather, it may represent a brief pause in the near-term uptrend. Upholding cable’s bullish outlook requires the pair to stay above 1.2590. If this floor holds, GBP/USD may soon resume its upward trek following a brief consolidation period, paving the way for a move towards 1.2720, the 61.8% Fib retracement of the July/October slide. Continued strength might direct attention to the 1.2800 handle. On the flip side, if losses intensify and sellers manage to drive prices below 1.2590, we might observe a drop toward both the 100-day simple moving average and 1.2460 in the case of sustained weakness. GBP/USD technical chart Source: TradingView This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
-
Question
ahantu1982
Hi All,
Would like to change account type back to standard (currently annoying limited risk) - can I just do it online somehow? My inbox message says I need to call the 1800 number..
Don't really want to wait for hours on the phone if avoidable.
Thanks in advance..
Link to comment
1 answer to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now