MT4 Trade Error
Joined 31/03/23 02:05
Gold and coffee prices steady, while oil prices edge lower Gold and coffee have managed to hold on to most of their recent gains, while oil is down slightly after a strong run higher from the March lows. Source: Bloomberg Chris Beauchamp | Chief Market Analyst, London | Publication date: Friday 31 March 2023 Gold clings on near recent highs The price continues to see plenty of volatility, but remains near recent highs. Consolidation has been the pattern over the past two weeks, with no desire yet to move above $2000, but with buyers remaining in control and preventing any significant downside for the time being. Overall it looks like this will resolve into a fresh move higher towards $2050, and it would need a move back below $1900 to put a more serious dent in the bullish view. Source: ProRealTime WTI returns to $74 Crude prices continue to surge, with WTI now closing in on the 50-day simple moving average (SMA) again. The impressive bounce from the March lows shows no sign of stopping yet, though the downtrend of the past seven months is still intact. Any turn lower from below $80 would still constitute a lower high and leave the overall bearish view intact. This would then suggest a fresh move to $65 is a possibility, as the downtrend reasserts itself. Source: ProRealTime Coffee back to February highs After rallying from the March lows the price looks to be preparing to push above the February highs. Above 2200, the price will then target the August highs around 2280/2300, having traded in a wide range from 2030 to 2200 since the beginning of the year. Source: ProRealTime
With markets expecting a 25-basis point rise in Australian rates, Richard Snow, from Daily FX, looks at the risk around the announcement that rates could stay on hold. He looks at a trade for AUD/USD. Jeremy Naylor | Analyst, London | Publication date: Friday 31 March 2023
FTSE 100, DAX 40 and Nasdaq 100 surge higher on positive outlook Outlook on FTSE 100, DAX 40 and Nasdaq 100 as the US regulator intends to tighten up on regulations for mid-sized banks and ramp up stress tests. Source: Bloomberg Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 31 March 2023 FTSE 100 nears 7,708 to 7,724 resistance zone The FTSE 100 rally from last Friday’s 7,331 low has now taken it above its 22 March high on a daily chart closing basis as the UK technically avoided a recession since final fourth quarter Gross Domestic Product (GDP) came in stronger than expected at 0.1%. This and the fact that the index is on track for two consecutive quarterly gains, a pattern not seen in any bear market over the past 50 years, points towards further upside being seen and the advance since October likely being a new bull market and not a bear market rally. The 7,708 to 7,724 mid-January and early February lows represent the next upside target and need to be overcome on a daily chart closing basis for the February-to-March downtrend line at 7,852 to be reached next. Slips should find support around the 7,587 22 March high and along the one-month support line at 7,491. Source: ProRealTime DAX 40 trades within 1% of this year’s high The DAX 40 has seen two strong consecutive daily rises over the past couple of days despite German preliminary CPI coming in slightly above expectations on a year-on-year basis at 7.4% in March and despite German retail sales unexpectedly falling by 1.3% month-on-month in February versus an estimate of a 0.5% rise and following a 0.3% drop in February. The index is thus fast approaching its February and March highs at 15,656 to 15,709, a rise above which would target the November 2021 and January 2022 highs at 16,288 and 16,298. Support can be found around the 15,304 22 March high and along the 55-day simple moving average (SMA) at 15,290. Now that two consecutive daily chart closes above the 15,304 level have occurred, the resumption of the October-to-March medium-term uptrend seems to have been confirmed. Source: ProRealTime Nasdaq 100 is trading at levels last seen in October 2022 The fact that the Nasdaq 100 managed to close above its previous 12,947 March peak on a daily chart closing basis on Thursday as the US government urged the country’s financial regulator to tighten up recently relaxed legislation in regards to mid-sized banks and undertake more rigorous stress testing of these, is a blessing for the bulls. The August 2022 high at 13,206 represents the next upside target, ahead of the 13,722 peak. Support comes in at previous resistance, namely at the February-to-March highs seen between 12,947 and 12,896 as well as along the March uptrend line at 12,748. Source: ProRealTime
Weird thing just happened (21:25:48 2022.03.24)
I clicked on the X to close out three of my open XAUUSD Long trades and instead of closing them out, MT4 / IG opened three short trades on AUDJPY.
I was not on the AUD JPY screen, and i did not have any trades open on the AUDJPY.
Every time I tried to close out the XAUUSD trades using the X, the popup trade screen was to the AUDJPY.
I could not enter a sell order as there was no instant execution available on the commodity at the time of my trade.
This is a weird glitch, can you please explain
Link to comment
2 answers to this question
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 account
Already have an account? Sign in here.Sign In Now