Jump to content

Recommended Posts

7 minutes ago, dmedin said:

Sure it is big guy, and has nothing to do with umpteen trillions of money created out of thin air to prop up the rich.

Quick reminder that it's only 94 days until the nights start drawing in again for winter.

  • Sad 1
Link to post
  • Replies 619
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Visualisation in Excel of current market situation: Built using https://www.excelpricefeed.com  

"...an inverting yield curve and weak June manufacturing data across the globe have divided analysts on whether or not a pullback is due. DWS forecasts a “moderate cooling of economic activity”, but J

Overnight remains risk off. Indices and Oil down. Gold and Bonds up with Bonds just pulling back. Today not much on the calendar so it's all about the virus. 

Posted Images

2 minutes ago, dmedin said:

Buy gold, Leopold! 🤠

yes, US dollar down - gold up, the latest Fed stimulus seems to be working, or at least not being negated by a new round of virus impact bad news.

  • Great! 1
Link to post
2 hours ago, Caseynotes said:

Note on  opening the platform to use the Gold futures rather than cash due to extremely high cash market spread.

Consider options (when they open) if you don't want your position to get automatically closed when it hits the stop.  Gives you a chance to bounce back before you lose all your money.

  • Like 1
Link to post
On 23/03/2020 at 09:30, Michael86 said:

Hi, just wondering does anyone try to call IG Market Australia today? none of the numbers (1800 or 03) ever answered by IG... I urgently need to contact their Accounts to get my withdrawal back.

The South African number is also the same issue. 

Link to post

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 account

Sign in

Already have an account? Sign in here.

Sign In Now

  • General Statistics

    • Total Topics
      14,940
    • Total Posts
      72,609
    • Total Members
      60,905
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Santhosh0597
    Joined 15/04/21 12:43
  • Posts

    • yeah, the 3 markets will be correlated but they each still have their own market participants who will be pulling one way or another in the short term and then correcting overall from time to time. After the US shutdown there is only Auckland and Melbourne were big boys are still playing but they don't command the same level of volume or, therefore, the best prices. I wouldn't worry about your broker acting to get your stops, it's just every other b*****d out there, everyone knows where your stop orders are, they're in the same place as everyone else's 🙂. A big player usually only has to cover about 25 points in order to collect 75% of the stops around a major level.  
    • I hear you I guess my only comment would be the lack of consistency across the three pairs that by their nature should mean they are not altogether different in character (EU, GU and EG) - one would have thought (and of course I accept I could be wrong) that if GU and EU are behaving normally with perhaps a minimally wider spread then there is little reason for EG to be both very spiky and excessively wide spread the cynic in me will always ask the question.  Its not unlike having that very special ability to place a stop on what turns out to be the very bottom tick and yet it never seems to happen with quite the same degree of accuracy or regularity with one's limits  I jest of course but I bet I am not alone in pondering that one...    
    • the problem is the time, 22:00 is start of 'out of hours' (after US close) and the biggest providers UK, EU and US shut down there main desks, note the that the average spread calculation is from 00:00 to 21:00 and so avoids the 22:00 uncertainty (making it look better) What happens is actually slippage such as can be seen at high volatility during an unexpected news event. IG suddenly needs to cast wider to find prices to offer clients, there will be a wider gap between the best available buy and sell at that time and could last for some time after. I don't trade that market anymore but if you do you should get a feel for what's normal over time though there will still be occasional surprises, I do know that slippage of 12 points on news is not uncommon even on the majors.  
×
×
  • Create New...