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14/01/21 09:51
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@Courage Thanks for that input, I am following this one. Being a newbie what news days and countries are best to look out for and what days are the big mover news days. Thanks -
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Spot on. The FX market is “influenced by policy makers through the purchase or sales of bonds “ their mandate is to keep the confidence in their respective economies as high as possible. That confidence is what the Fiat monetary system is based on, the moment that goes the system evaporates. If you recall a few years ago during Theresa Mays government, the key phrase was strong and stable? . That's their mandate. They can't let a currency move too far towards one extreme or the other. So if you wana make money on fx you need to extend your time horizon or take the other position when things go too far into one extreme. I am only 32 but remember I the dollar decline and the dollar inflation story that has been around for along time now. It's the same old story once you realise it's the new cycle, you learn to side step it and focus on what's important and that's the economy. Economic strength expresses itself in currency strength. Focus on that and you will get the big moces right.
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Question
Connor3991 0
I am new to IG to please forgive me if there is a thread on this already. I did a quick search and could not find the answer.
Is it possible to purchase additional drawing tools for the IG platform?
I know there are many more options with MT4 and ProRealTime but I do not like the interface. IG is a lot cleaner and easier to use.
I am looking for a modified Schiff, action,reaction set and a Ray that extends forward in time, not back (unlike the trend line). Being able to connect two pivots with a line and then have the option to extend the line forward in time would be useful. I know a trendline does something similar but going backwards has no predictive value and clutters the chart.
I have used NinjaTrader in the past. Similar drawing tool capabilities would be useful. If there is a way of purchasing them that I have missed would someone please let me know.
Thank you.
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