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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: Details: Wave (II) may is complete and the Price entry to uptrend again. Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: It looks like the wave (II) correction is complete and the price is still likely to move up. Look for an opportunity to join the wave (III) uptrend. Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: Details: Wave II may is complete and the Price entry to uptrend again. Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 3 uptrend. Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here! -
By cryptomaga · Posted
I wonder why $MAK is still among top trending project since its listing on top exchanges. Could it be the Launchpool and CandyBomb on Bitget or the Launchpad on Bybit that has kept this project on top? Did it have something to do with the project vision in creating a vibrant social gaming community where players can interact, collaborate, and compete? I understand that this give the governance token more use case but could that be what has stabilized the price?
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Question
Konrad
When trading on any platform (CFD) each deal has a default trade execution type set to 'net off'. What is the reason behind choosing this value as the default one?
I'm asking because I just lost some money (again) when opening new position against another already existing position.
Imho most ppl when they see name 'new deal' they expect to open new position - if they already have an opened position on the opposite side of the market, they should know about it and the intention behind new deal is to open a hedge - not to trim an existing position.
Also, hedge is (again Imho) better solution from customer's perspective - it doesn't involve loosing money.
So why IG has decided to go for 'net off' option?
Possible solutions:
1. Leave the fiend empty but required - this will prompt a trader to make a conscious decision.
2. Make it configurable.
3. Make 'force ooen' as a default option.
4. Add another option to edit existing position (as ame way as you can edit limit/stoploss) - for situations such as closing only fraction of existing position...
K
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