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10/06/21 06:53
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Posts
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By tradinglounge · Posted
Summary: Still expecting another low for indices, the current move up part of a corrective rally. Normally I look for indices lead from stocks, however some stocks are displaying strength and some weakness so this mix bag is showing up in the Nasdaq 100 pattern as a probable wave four triangle at the current low. Trading Strategies: Nil Video Chapters 00:00 SP 500 (SPX) 05:02 NASDAQ (NDX) 08:26 Russell 2000 (RUT) 10:43 DAX 40 (DAX) 16:07 FTSE 100 UKX (UK100) 22:15 ASX 200 (XJO) 38:47 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Access Trial -
By BashJasper · Posted
A lot of transformation is happening to BNB at the moment with the integration of bitcoin lightning network and Optimism especially with opBNB birth but that has not reflected in users confidence primarily because of the many negativities surrounding the platforms operations in North America and Australia. BGB on the other is gaining traction and value because a lot of investment is going into the development of the ecosystem recently with the injection of $100M and also improved partnership deals -
By BashJasper · Posted
I know we still have a lot to do to attract massive crypto adoption but steps like those taken by Binance and bitget in the wake of what happened to FTX is commendable in righting the wrongs of the lapses and loopholes that exist pre-FTX saga. But more still needs to be done to restore confidence to the level it was pre-2020 bear market like consistent regulatory framework and regular security updates by crypto platforms
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Question
Kazeko
I've been using the IG platform since the begining of the year. This is the first time I'm seeing such a huge spread for Facebook, but possibly for any other instrument.
See attached screenshot from this morning. Can someone from IG please provide some explanation on what I'm seeing?
I'm always concerned about the wild swings in the spreads, because it adds an unresonable factor of risk in our trading, especially if you use orders for entry points.
Say I set up an order to place a £1 bet at 20998. If the order is fulfilled and the spread is 5000 points then I've technically just lost £5000 which of course would trigger my stop loss and the position would be closed, leaving me with quite a hole in the pocket.
Has anyone else come across this before?
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