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10/06/21 10:53
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Posts
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By tradinglounge · Posted
The stock market is moving higher as expected, with the SP500, NASDAQ 100, Russell 2000, and Dow Jones showing an impulse wave structure moving higher, with Elliott Wave (iii) of iii) of 3. Strategies should focus on protecting long trades. Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES Summary Impulse wave structure moving higher Elliott Wave (iii) of iii) of 3 Strategies Protecting long trades Video Chapters 00:00 S&P500 16:35 NASDAQ 100 (NDX) 17:33 Russell 2000 (RUT) 18:07 Dow Jones (DJI) 19:53 TRIAL Buy 1 Month Get 3 Months Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com -
Name Of Stock - Novo Integrated Sciences Inc Name of Stock Exchange - NASDAQCm Leverage or share dealing - Share dealing Ticker - NVOS Market cap - £7.5M
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Look Ahead to 02/02/23: ECB, BoE; BT, SHEL, GOOGL, AAPL, AMZN earnings A day after the Fed, the European Central Bank and the Bank of England are expected to raise interest rates. Watch out for live coverage from IG’s Chris Beauchamp and Axel Rudolph. Plus, tech, telco and oil earnings dominate, with reports from BT (BT), Shell (SHEL), Infineon (IFXGn), Apple (AAPL), and Amazon (AMZN).
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Question
Guest RichB-Trader
Hello,
Bit of an obvious question but wanted to check, as on a few occasional I have been stopped out by only 0.1% of the price so want to make sure I am using the right one.
For a long position, I open the position on the BUY price, and close on the SELL Price.
For a short position, I open the position on the SELL price, and close on the BUY Price.
Therefor if you are targeting (accurately) support and resistance zones at say 1000 on a certain stock, I should leave a little more headroom to take account of the spread which lags the overall price?
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