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For more up to date news on how markets will open, the latest earnings and economic news, watch IGTV live in the platform at 07:30am UK. Today’s coverage: Indices: Early European mkts holding onto yesterday’s gains, may open a little stronger. Overnight Asia mixed. HSI best performer as China authorities allow more freedom to stocks FX: USD holds recent lows. EURUSD awaiting German consumer confidence Equities: BABA shares up 14% in HK as China brings about a break-up – Jack Ma seen back in the public eye. Earnings – NXT. Last night MU recovered a lot of lost ground after earnings Commods: Oil rally on concerns over Iraqi exports. Gold little moved. Sugar climbs as harvests fail
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 29 March 23, Cardano /U.S.dollar(ADAUSD) ADAUSD 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 II is likely to end at the level of 0.055 and a five-wave rise from this level will confirm it. Cardano /U.S.dollar(ADAUSD)Trading Strategy: Cardano has recovered well and we expect wave ((2)) to end at the level of 0.2977. Five waves of rise from this point and the price can break the MA200 line will support this idea. where the price is likely to trade above the level of 0.5787. Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is Below the MA200 indicating a DownTrend. The wave oscillators above Zero-Line momentum are Bullish. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Elliott Wave Analysis TradingLounge 4H Chart, 29 March 2023, Cardano /U.S.dollar(ADAUSD) Tuesday 29 March 23 ADAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave ((3)) Direction Next higher Degrees: wave III of Impulse Wave Cancel invalid Level: 0.045 Details: Wave II is likely to end at the level of 0.05688 and a five-wave rise from this level will confirm it. Cardano /U.S.dollar(ADAUSD)Trading Strategy: Cardano has recovered well and we expect wave ((2)) to end at the level of 0.2977. Five waves of rise from this point and the price can break the MA200 line will support this idea. where the price is likely to trade above the level of 0.450. Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish.
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Question
Guest icarous
I am only using the demo account and just for fun I tried to place the following type
of bet: I bought 100 options call eur/gbp 9200 (using the fictional money provided in the demo account) and tried to sell
100 options call eur/gbp 9300 (both for the same date). But I was not allowed to do so. As far as I can see my risk was covered by
the eur/gbp 9200 call so I don't see why ig does not allow this trade. Have you faced this problem? And is there a way to deal with it?
(apart from covering the option to sell by huge amounts of cash).
Would any other online trading platform allow this if ig does not?
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