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@FrancoisT, even if there are no trades happening, evolving market conditions make market participants modify the price they're willing to sell or buy a certain symbol at, i.e. they re-quote bid/ask. Ultimately, when you're trading a centralized exchange-traded instrument (e.g. AAPL non-CFD stock) you can have access to both trades and bid-ask quotes, though not all platforms provide all three. When you're trading a non-centralized instrument (e.g. FOREX), by design trades are not reported to some central entity so you can only see bid-ask quotes and not trades as showing trades only from your broker's liquidity providers would not be representative of the whole market. Usually for FOREX, count of re-quotes is shown in place of volume as an indirect indicator of the volume. When you're trading a CFD (like at IG), even if it's of a centralized exchange-traded instrument, showing trades makes little sense. Showing trades from the exchange would be factually wrong - the CFD highly correlates but does not equal to the underlying instrument on the exchange. Showing trades from the broker (e.g. IG) platform only would capture very small volume and would not be representative of the whole market. -
@Franswa38, if I'm not mistaken, on your photo you're pointing at April 17 22:45 BST 15 minute ask candle. If I'm not mistaken, at that point in time, EUR/USD bid-ask spread was around 0.00050. If you are basing your 42 pips in profit on the demonstrated ask graph, you're ignoring the spread you will have to pay to close long position - you will sell using bid, not ask price. If you subtract ~0.00050 spread from 42 pips you think you're in profit, $9.28 makes much more sense. In short, to monitor the profit on a long position you need to look at the bid, not ask graph. For that, click on the "Ask" text near "15 Mins" and choose "Bid". You should use ask graph only when you're opening long position, not when you're monitoring it. P. S. From the photo alone, I would imply the bid price was where the horizontal blue line is, much lower than the ask price you're pointing at.
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By TraderJeff · Posted
Yes I agree Guru, giving current examples is a good way of doing it! I have been trading for over 20 years and in the last 11 years I found myself mainly trading DAX (Germany) 40, because it is the easiest and most profitable. Which market do you find easiest to trade, Guru? Does anybody else find DAX easier to trade than other markets? I am interested in hearing other traders' experiences.
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Question
MaskedUser101
Hi
Does anyone know if there is a way to keep text on the right hand side of the chart at all times?
when you add text it is where you place it, as time progresses, the text no longer appears on the screen, it is where you left it. would be good to have a way to pin the text so it is always on display- please see images for example of issue
in the 2nd image - you cant see the full text as time pushes chart to right and image is now on left
thanks
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