-
Posts
-
By tradinglounge · Posted
Gold Elliott Wave Technical Analysis Function - Counter-Trend Mode - Corrective Structure - Triangle for wave 4 Position -Wave 4 Direction - Wave 4 is still in play Details - Gold completes a triangle for wave 4. Thus, the commodity favors the upside in wave 5 if it escapes the trappings of the congestion. Invalidation remains at 2287.34 Gold has been sideways for over 11 weeks after retracing the bullish trend that started in October 2023. Meanwhile, the commodity is expected to break to the upside to continue the trend. On the daily chart, a bullish impulse wave pattern emerged from September 2022 where the supercycle wave (IV) ended at 1616.9, From there, the supercycle wave (V) began. Wave I of (V) ended in May 2023 at 2081.8 before pulling back in wave II of (V) which ended at 1810.58 in October 2023. From October 2023 at 1810, wave III of (V) began and has since seen the commodity to fresh highs multiple times in the year 2024. Price is currently in wave 4 of (3) of III of (V) which has not completed a triangle pattern typical of 4th waves. Wave 5 of (3) is now expected to emerge upside toward 2576-2749. On the H4 chart, the sub-waves of wave 4 are in a triangle sideways structure. Alternatively, it could be a double zigzag if the price breaches the triangle invalidation level at 2287.34. However, if the price remains above the invalidation level and breaks outside of the triangle, then we can expect the sub-waves of wave 5 to emerge into either an impulse wave or an ending diagonal pattern. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here! -
By XTRAVAGANZA · Posted
Love how this cex is giving back to the community by providing a platform to connect, learn, and grow. Free insider knowledge, networking with crypto leaders, and exploring DeFi trends, Plus, some sweet BitgetBlue merch on top, This is a can't-miss event for any crypto enthusiast in the Balkans. -
By johnnywalker · Posted
Great, thanks for your answer @KoketsoIG, So IG would automatically hold back 15% dividend withholding tax on the dividend ex-date? I would then need to complete a W8BEN form to submit to IG on an annual basis?
-
Question
NoComment
I'm either extremely unlucky or there is something amiss with the system here in regard to the fees charged on partially filled orders.
Not once, but for the second time since I began trading with IG I have had orders partially filled, in the amount of ONE share. Today, when this occurred for the second time (4th part-filled order overall, but second with this specific issue I am addressing here), both of the my partially-filled orders amounting to ONE share were valued at $AU1.15 and $AU1.08, but I have been charged commission and GST amounting to $AU5.00. The same commission and GST is also applied when subsequent new orders were filled to bring the total allocation up to the number of shares originally ordered.
I understand that this is a small, even an insignificant amount when I consider the total value of my portfolio, but seriously, $AU5.00 in fees for approximately a $AU1.00 share on more than one occasion, something is not right there, surely.
In both instances the order were stock-standard "day-limit" orders filled after the close of the ASX (ironically both transactions occurred at the exact same time, 16:46hrs (or 4.46pm AEDT although the debit to my account was slightly later) and the balance of the orders were subsequently deleted.
Is this an anomaly with the ASX, or simply over-zealous bean-counters at IG? I'd love to know, as it's becoming frustrating... as I said, this is the fourth time overall for partially filled orders, although I at least received a significant amount of the shares ordered on other occasions, but the fact still remains that the commission and GST has been double-dipped in each instance.
Has anyone else had similar experiences, or have any knowledge of how / why this can repeatedly occur? Any information would be greatly appreciated here, as there is nothing I've been able to find elsewhere on this site which would explain this anomaly.
Thanks!
Link to comment
13 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