Jump to content
  • 0

Available to trade


STERLING20

Question

When I switched off yesterday I was positive in my available to trade.

Logging on this morning I see that I am now negative.

Why is this and what are the consequences.

I do have some orders open, in USD, Im wondering if it is because of the exchange rate as my account is in GBP however I don't want positions closed to meet this small debt.

Im new to IG and so would simply like to know where I stand to avoid any problems going forward

Thanks

Paul

Link to comment

0 answers to this question

Recommended Posts

There have been no answers to this question yet

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
      22,139
    • Total Posts
      93,023
    • Total Members
      42,522
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    xierf
    Joined 06/06/23 22:02
  • Posts

    • Commodity Market Technical Analysis Elliott Wave and Trading Strategies Content: US Bond Yields, USDJPY, EURUSD, AUDUSD,Dollar DXY, US Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, Natural Gas. Commodities Market Summary: The USD DXY is pushing higher into Wave v) of C of (2) while precious and base metals are doing the opposite Trading Strategies: No strategies Video Chapters 00:00  US Gov Bonds 10 Yr Yields 01:34 US Dollar Index DXY USDJPY, EURUSD, AUDUSD 14:13 Spot Gold /  GDX ETF 18:47 US Spot Silver 20:39 US Copper / Lithium / Nickel / Iron Ore 37:51 Crude Oil  40:30 Natural Gas  46:50 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  Access Trial here... buy 1 month Get 3 months       
    • HI can anyone tell me when IG will publish CTC for the 2022/23 tax year please? Cheers
    • EUR/USD had a look lower but is treading water for now; while the ascending trend has been broken, it might resume and there are bullish bearish and perspectives for EUR/USD. Which will prevail?   Source: Bloomberg   Forex Shares EUR/USD Market trend Euro United States dollar Daniel McCarthy | Strategist, | Publication date: Tuesday 06 June 2023  EUR/USD has recovered from the 10-week low seen last week at 1.0635. This was only a fraction below the 78.6% Fibonacci Retracement of the move from 1.0516 to 1.1096 at 1.0640. This may see the 1.0635 – 40 area set up as a potential support zone ahead of the prior lows at 1.0525, 1.0516, 1.0483 and 1.0443. The longer-term 200- and 260-day simple moving averages (SMA) are in among the cluster of lows between 1.0443 to 1.0525 and might lend support. Since breaking below the trend line established from a series of lows seen between September and November last year, the price has remained below the 10-, 21-, 34, 55- and 100-day SMAs. This could suggest that short and medium-term bearish momentum might be intact. On the flip side, the price remains above the 200- and 260-day SMAs, which may suggest the underlying longer-term bullish trend is yet to be undone. A break above the trend line axis has the potential to reinstate the ascending trend. It currently dissects with the 34-day SMA near 1.0875. The 34-day SMA has just broken below the 55-day SMA, creating a Death Cross. Similarly, the 21-day SMA has also created a Death Cross by crossing below the 100-day SMA. A Death Cross is a potential signal for an evolving bearish trend. In April and May, a series of highs were seen in the 1.1075 – 95 area and this might offer a resistance zone. In the bigger picture, a clean take out of these levels may confirm the resumption of the ascending trend. These tops created an extension of a Double Top formation that heralded the sell-off last month. It should be noted though that past performance is not indicative of future results. The neckline from this formation is at 1.0942 and it might offer resistance. The price action on Monday saw a Spinning Top Candlestick emerge which may indicate indecision in the market for EUR/USD direction, potentially setting up a range trading type environment. As laid out above, there are mixed signals in EUR/USD for now. As always, sound risk management is the foundation for trading.   Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
×
×
  • Create New...