Jump to content

Price spike 15 minutes in post-close

Recommended Posts

Hello

I'm currently trading with a demo account, learning some basics and just out of curiosity. I have a question regarding a rapid price move and hope somebody can help me figure out the reason.

I was long on US Tech 100 Cash bought at 7400.9. At 4:10 PM EST the price raised within fractions of a second to 7442.2 only to drop back to 7384.1 at 4:30 PM.

What are the reasons for such rapid price moves in post-close hours? Furthermore I'm curious why the above mentioned prices were only visible in the trading account and were not showing up on the public chart at https://www.ig.com/en-ch/indices/markets-indices/us-tech-100 ?

Thanks for clarification

BR

Share this post


Link to post

Hi and welcome to IG. well, spotted buddy.

I noticed the same thing happened on all indices at 9pm?? tonight: TheDOW moved over 200 pips within 10 mins? spiked up then down? Can anyone shed some light on this?

Thanx Trevbeats.

2018-08-22 08_20_49-Swing vs Scalp - General Trading Strategy Discussion - IG Community.png

Share this post


Link to post

@brickz @Trevbeats thanks both we are aware of this issue and investigating under the reference INC0256609. I am unsure when it will be resolved however hope it is soon.

It is an IG issue affecting demo only, prices jumps are incorrect.

Cheers,

Will

Share this post


Link to post
5 hours ago, WillA said:

@brickz @Trevbeats thanks both we are aware of this issue and investigating under the reference INC0256609. I am unsure when it will be resolved however hope it is soon.

It is an IG issue affecting demo only, prices jumps are incorrect.

Cheers,

Will

 1861840692_US500_20180822_21_08.png.7021a5bc4a5b7afa3317cc00bbc8312c.png  I was worried as no one else had the spikes? As you can see I have clearly marked out the 2 jumps hope this helps.

Sorry for once again for added previous pictures with too much info. I know how to do export now. 

Share this post


Link to post
Guest MaxTrader

What's happening here IG? This is the fourth night in a row these spikes have appeared!

Share this post


Link to post
On 8/22/2018 at 9:19 PM, Trevbeats said:

Sorry for once again for added previous pictures with too much info. I know how to do export now. 

no worries @Trevbeats - we just want to make sure the safety of your personal info and account are covered :) 

@MaxTrader - I'll ask @WillA to post an update today. 

  • Great! 1

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Member Statistics

    • Total Topics
      7,780
    • Total Posts
      40,622
    • Total Members
      50,993
    Newest Member
    Ritufx
    Joined 22/11/19 02:57
  • Posts

    • Well Bitcoin broke $8k and is currently around the $7.5k price area. It is not looking good at all.  It seems my $6.3k - $6.6k price area which I think could be the bottom or this specific downward move looks more likely now. I mentioned this price area on Monday (a few posts above) and now I think unless there is some serious buying or spectacular news followed by some serious pumping and short covering then Bitcoin is heading towards this price zone. 
    • There are many different ways to trade and applying or adopting trend following principles is merely just one such way. Trading more frequently does not guarantee any more success but it can increase the chances of making more losses if you do not have a robust trading system that is based on a sound trading plan. Trend following does not have to involve regular or frequent trading. That is the beauty of it. You can merely wait until you identify a trend which you wish to trade. Of course they will not all be successful as the trend could reverse sharply against you, it could be a false trend (looks like a trend but not) or simply the volatility could stop you out.  Day trading really is for full time traders in my personal opinion unless you have an expensive automated system which has been tested rigorously or you are an exceptional trader which can consistently make profits on most days without gambling, hoping or relying on luck.  Trend following suits me based on the time I have available to trade. I accept it is not for everyone but I believe all trading includes an element of trend following. Just how much depends on your trading style and methodologies adopted. 
    • The 20, 50 and 100 DMA curves on the 'daily' timeframe are sloping upwards which is extremely bullish and this trend has been very nice indeed.  When I talk about 'Strongest Trending Assets' in my other threads then I am suggesting those that a lot of traders do not spot but they exist and are available not only to trade on IG's platform but one must be able to spot and identify them. 
×
×