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10/06/21 10:53
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By tradinglounge · Posted
TradingLounge's Commodity Market Update: Favorable Trading Opportunities in Gold and Silver Persist; We Maintain and Expand Our Positions in These Markets. Uranium Shows Upward Movement in Wave 3, Indicating a Substantial Bullish Trend for Long-Term Investment. Natural Gas Continues Its Downward Trend, While Crude Oil Prices Face Restraints Due to Saudi Arabia's Strategy for Higher Prices. Our Long Trade in Crude Oil is Now in a Promising Position with Reduced Risks. The USD DXY Approaches its 61.8% Retracement Level, Expected to Find Support. Yields Could Have Reached a Peak as TLT Bonds Show an Inverse Low. Video Chapters 00:00 Bitcoin (BTC) 08:40 US Dollar Index, DXY 11:15 TLT Bonds. US Gov Bonds 10 Yr Yields 15:50 Precious Metals: Spot Gold / US Spot Silver / XGD and Gold Stocks US / ASX 25:19 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA. 31:08 Energy: XLE ETF / Crude Oil / Natural Gas 40:15 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge.com Access Trial here -
Because of this, it's wise for traders to thoroughly investigate exchanges before choosing one. I exclusively deal with cryptocurrency exchanges that have declared proof of reserve in the wake of the unfortunate events that saw some go bankrupt and others hack. Because of what I've heard traders say about Bitget and the fact that it met my requirements, I had to start using it right away. Therefore, I'd advise DYOR to choose whatever best meets your needs. -
By ModestInvestor · Posted
The Santa Rally – Christmas Growth in the Stock Market. You may well of heard of the ‘Santa Rally’. It’s a commonly discussed stock market theory. It is the basic concept that the stock markets, particularly the major indices, show positive returns on the run up to Christmas and the New year. Myth or legend? We look at the stats. As you can see from the below table the FTSE100 rose in price in 12 of the 15 years. That’s 80% of the time. The average difference was 1.95% https://moneysandi.com/the-santa-rally-christmas-growth-in-the-stock-market/ Anyone had any experience of trading this? #trading #money #trader #investing #investment #crypto #stockmarket #stocks #business #invest #entrepreneur #finance #investor #daytrader #daytrading #trade #wallstreet #wealth #santarally #finance
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Question
HarbourMaster
Hi
Please look at the following chart. It says that the lowest price for 11th Feb, 2020 is 179.18, which seems to be an error to me (the typical price range should be around 1700)
I checked the prices against those from Yahoo! Finance, which is shown here. Yahoo! Finance reports that the lowest price is 1703.40 For both charts I am focusing on the data for 11th Feb, 2020
I have a few questions:
1. Why would there be such an error in IG.com? Can this be avoided and fixed?
2. Before the data is fixed, can I exclude that one day of data? Or, alternatively, can I change the scale of the verical axis so that the historical trend can still be visible? (Right now the trend is distorted because of thtat one erroneous data)
3. The other numbers are not totally identical - only the High Price are the same from the two sources (1742.60), the other numbers -- Open, Close, and Low are not at all the same. Why?
4. I also noticed that the volume number also differ -- IG.com reports 13,087,107 while Yahoo! reports 21.81M. (Perhaps IG.com is reporting in number of shares but Yahoo! is reporting in GBP)?
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