-
General Statistics
-
Total Topics20,003
-
Total Posts87,986
-
Total Members68,994
-
Most Online7,522
10/06/21 10:53
-
-
-
Posts
-
By tradinglounge · Posted
DAX Performance Index ^GDAXI INDEXDB: DAX 40 Chart and Forecasts. FTSE 100 Index, EURO STOXX 50, Forex EURUSD GBPUSD DXY Dollar Index Elliott Wave Technical Analysis European Stock Market Daily News Headlines:Sterling GBPUSD plunges to all-time low in scathing appraisal of fiscal plan close to parity. Market Indices Overview: The corrective rally competed nicely and Wave (iv) of 3 lower is on track for short positions, after the next Wave iv) of 3 Elliott Wave Trading Strategy: Expect sideways choppy markets for the next three trading sessions. Wide stops and short corrective rallies as pointed out in the todays video Video Chapters 00:00 DAX 40 (GDAXI) 13:40 EURO STOXX 50 15:45 UKX / FTSE 100 18:24 Forex GBPUSD / EURUSD / DXY 30:41 Thanks for watching! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com -
By tradinglounge · Posted
Stock Market SP 500, NASDAQ 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies. US Markets News Today:Fed officials stare down market volatility, say inflation remains paramount focus Elliott Wave Market Summary: The current trend down into Wave (1) is not completed, that said the US Indices are in a series of Elliott Wave fours, which tend to move sideways. Elliott Wave count: Wave iii) of 3 of (1) of C) Day / Trend Trading Strategies: Short Rallies and new lows...Keep a wide stop away from the Wave fours iv) and 4 as the market has a high probability of moving lower over time Video Chapters 00:00 S&P500 11:47 NASDAQ 100 (NDX) 13:17 Russell 2000 (RUT) 18:19 Dow Jones Industrial Average 20:19 End. Thanks for supporting! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com -
-
Question
StephenUK
Hi,
I am not fully understanding the following figures for US crude. The IG information sheets states:
I am UK based, and one unit movement would represent one pound.
So my first question is whether I need to work out a dollar value for pounds to know the deposit factor.
Secondly, I am not understanding quite what, for example, a deposit factor of, for example, 480 means. Is this the opposite of gearing, where 4.8 pounds must be in the account to trade one pound?
Any help greatly appreciated!
Link to comment
0 answers 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