-
General Statistics
-
Total Topics22,150
-
Total Posts93,045
-
Total Members42,540
-
Most Online7,522
10/06/21 10:53
-
-
Posts
-
By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 8 June 23, TRON/U.S.dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave (I) of Impulse Wave Cancel invalid Level: 0.045 Details: Wave III is usually equal to 1.618 multiplied Length of Wave I. TRON/U.S.dollar(TRXUSD)Trading Strategy: TRON is still in an uptrend. But there may be a correction in wave ((2)) before rising again, So Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)). TRON/U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 8 June 23, TRON/U.S.dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave ((2)) Direction Next higher Degrees: wave III of Impulse Wave Cancel invalid Level: 0.0714 Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)) TRON/U.S.dollar(TRXUSD)Trading Strategy: TRON is still in an uptrend. But there may be a correction in wave ((2)) before rising again, So Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)). TRON/U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish momentum. -
Look Ahead to 8/6/23: eurozone, Japan growth; US initial jobless claims; Crest Nicholson, MITIE earnings Growth is in focus as investors await eurozone and Japan GDP data, plus keep an eye out for US initial jobless claims ahead of the Fed monetary policy meeting next week. Crest Nicholson and MITIE post results. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Wednesday 07 June 2023
-
With the price of Brent having failed between $77.50 and $78.50 three consecutive times in the past month, we will go short at $76.70 with a downside target at $72.00 and a stop-loss at $78.55 on a daily chart closing basis. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Wednesday 07 June 2023
-
Question
cate
Hi,
I'm going down the list IG sent out of new margin rates. I see the definition of Major FX is "currency pairs containing any two of the following: USD, EUR, JPY, GBP, CAD, CHF". These have a current margin rate of 0.5%. According to the IG email everything else is Minor FX and has a present margin rate of 1%. So by this definition AUD/JPY should be a Minor pair. But currently on the platform AUD/JPY has a 0.5% margin requirement.
So the question is will it go to 3.33% like a major pair, or to 5% like a minor pair this weekend?
I'm just editing this to add the next thing I got to! The email says Shares will go from 7.5% to 20%. But my current Barclays positions are shown at 5%. Are all shares going to 20% irrespective of what they are now?
Happy ESMA -5 day to everyone.
Cate
Edited by cateLink to comment
8 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