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10/06/21 10:53
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Hi @beck_l24 Thanks for reaching out, When trading on a limited risk account you are required to place guaranteed stops on all of your trades. Using a guaranteed stop guarantees your stop level regardless of whether market gapping occurs. In the event of market gapping IG takes on the risk and will fund the slippage to guarantee your level. With this in mind when we perceive the market to be volatile we will increase min stop distances to reflect the level of risk that we are willing to take on in that period. Unfortunately you will not be able to avoid this on your account as it is expected behaviour when there is some volatility. However you can reach out to helpdesk@ig.com.sg should you wish to enquire about upgrading your account from limited risk to standard. Standard account does not require guaranteed stops. All the best, Anda -
By tradinglounge · Posted
Cisco SystemsInc., Elliott Wave Technical Analysis Cisco Systems Inc.,(CSCO:NASDAQ): Daily Chart, September 30 2022, CSCOStock Market Analysis: We could be forming wave (iv) and I would expect it to be sideways as wave (ii) was a sharp correction. CSCO Elliott Wave count: (iv) of {v}. CSCOTrading Strategy:Looking for short off wave (iv) once we get confirmation. CSCOTechnical Indicators:Eventually the 20EMA(red line) 9could act as resistance. TradingLounge Analyst: Alessio Barretta Cisco Systems Inc.,CSCO: 4-hour Chart, September 30 2022 Cisco Systems Inc.,Elliott Wave Technical Analysis CSCO Stock Market Analysis: We can see we past equality of (i) vs(iii) and now we are facing resistance at the same level. CSCOElliott Wave count: (iv) of {v}. CSCO Technical Indicators: We are starting to form RSI divergence. CSCOTrading Strategy: Looking for shorts once we have confirmation wave (iv) is completed. -
By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 30 September 2022, NEO (NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (5) of Motive Details: The decline of wave((5)) tends to trade below 7.97 and there is an opportunity to hit wave 5 price target equal to wave 1 at 2.25 level. Wave Cancel invalid Level: 12.62 NEO (NEOUSD) Trading Strategy: Bear Market Efforts The price tends to trade below the 7.97 level, and it This could be an opportunity to open a short position.but must not return above 9.64 NEO (NEOUSD)Technical Indicators: The price is above the MA200, and MA50 line. MACD is above the zero line momentum is bullish. TradingLounge Analyst: Kittiampon Somboonsod Elliott Wave Analysis TradingLounge 4H Chart, 30 September 2022, NEO (NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: Wave (5) of C Details: the decline of wave((5)) tends to trade below 7.97 and there is an opportunity to hit wave 5 price target equal to wave 1 at 2.25 level. Wave Cancel invalid Level: 12.62 NEO (NEOUSD) Trading Strategy: Bear Market Efforts The price tends to trade below the 7.97 level, and it This could be an opportunity to open a short position.but must not return above 9.64 NEO (NEOUSD)Technical Indicators: The price is above the MA200, and MA50 line. momentum is bullish.
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