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Yeah, gonna grab it lower..!

Doge is a giant itself!

Gonna grab at a little lower price!

@FrancoisT, even if there are no trades happening, evolving market conditions make market participants modify the price they're willing to sell or buy a certain symbol at, i.e. they re-quote bid/ask. Ultimately, when you're trading a centralized exchange-traded instrument (e.g. AAPL non-CFD stock) you can have access to both trades and bid-ask quotes, though not all platforms provide all three. When you're trading a non-centralized instrument (e.g. FOREX), by design trades are not reported to some central entity so you can only see bid-ask quotes and not trades as showing trades only from your broker's liquidity providers would not be representative of the whole market. Usually for FOREX, count of re-quotes is shown in place of volume as an indirect indicator of the volume. When you're trading a CFD (like at IG), even if it's of a centralized exchange-traded instrument, showing trades makes little sense. Showing trades from the exchange would be factually wrong - the CFD highly correlates but does not equal to the underlying instrument on the exchange. Showing trades from the broker (e.g. IG) platform only would capture very small volume and would not be representative of the whole market.

@Franswa38, if I'm not mistaken, on your photo you're pointing at April 17 22:45 BST 15 minute ask candle. If I'm not mistaken, at that point in time, EUR/USD bid-ask spread was around 0.00050. If you are basing your 42 pips in profit on the demonstrated ask graph, you're ignoring the spread you will have to pay to close long position - you will sell using bid, not ask price. If you subtract ~0.00050 spread from 42 pips you think you're in profit, $9.28 makes much more sense. In short, to monitor the profit on a long position you need to look at the bid, not ask graph. For that, click on the "Ask" text near "15 Mins" and choose "Bid". You should use ask graph only when you're opening long position, not when you're monitoring it. P. S. From the photo alone, I would imply the bid price was where the horizontal blue line is, much lower than the ask price you're pointing at.

Yes I agree Guru, giving current examples is a good way of doing it! I have been trading for over 20 years and in the last 11 years I found myself mainly trading DAX (Germany) 40, because it is the easiest and most profitable. Which market do you find easiest to trade, Guru? Does anybody else find DAX easier to trade than other markets? I am interested in hearing other traders' experiences.

Source: Coingecko Source link: https://www.coingecko.com/research/publications/2024-q1-crypto-report The cryptocurrency sector has experienced significant growth in 2024, driven by events like Lugano city's acceptance of crypto payments and the approval of the Bitcoin spot ETF. The industry's market cap reached a record high of $2.9 trillion, with $1.1 trillion added in Q1 alone. Bitcoin surged to a new peak of $73k, surpassing its previous ATH of $68k. Top centralized exchanges like Binance, Bitget, OKX, and Bybit saw substantial growth, with Bitget particularly excelling in derivative trading. Bitget's open interest exceeded OKX's and ranked closely behind Binance and Bybit. Spot trading volume surged from $29B in January to $95B in March, elevating Bitget to the top 7 spot in the spot market and maintaining the 4th position in the derivative market among major centralized exchanges. While other exchanges also witnessed significant growth, Bitget's standout performance has made it the focal point of industry attention. What are your impressions of these findings?

DogeDay always brings back memories of 2019 when my friends were diving into Dogecoin and joining farming activities. That's why I'm excited to explore the Bitget DogeDay giveaway event. Plus, with tomorrow's BTC halving, the excitement is doubled!

As a meme fan, I have been waiting patiently for the Bull trend that happened to BTC recently to get to all the alts and so we can have what we had back then in 2021 to happen again, but time the strength of the uptrend has not been able to match up with what I am expecting and I do hope that the halving will help, but looking at the hype that is usually expected from the meme community. I don't think I'll be able to wait for the trend to resume and so I am taking more steps ahead of the game, taking up all the opportunities I believe would help the price-trend of my holdings, especially for the DOGE memes and I have found this DOGEDAY event ongoing and it really made a lot of sense to me, because if we look at how the DOGE coins have performed in the past. I believe if we can have a Bitcoin day to celebrate the first cryptocurrency, then we should be able to have a DOGEDAY too looking at the success rate of the meme and the support from the community. For me, this is something special that is worth the energy, vibes and hype and worth participating it. There are different sections to the event, which include the Twitter part, where Bitget is sharing $3,00 to those participating( https://twitter.com/bitgetglobal/status/1780495739984150962Twitter Post ) and the telegram event, and I believe this will favour those that love to bet on the price of coins. They are sharing 100BGB tokens for this and the Discord event has a 90BGB token to be shared. If we can have Bitcoin's day, then this DOGEDAY should be observed in all the DOGE communities and I will admonish meme lovers to observe events like this because it reflects the nature of memecoin and the hype around it.

Will grab at a little lower price...

Would love to grab it below 100!

11%+ up from my entry 🚀🚀

While established players like Binance held steady market share, Bitget has shown impressive growth in Q1 2024. Their derivatives market share jumped from 9% to 12% in just two months, pushing them to the number 3 spot, surpassing OKX. This surge coincides with a significant increase in their user base, reaching 25 million. The exchanges’ growth isn’t limited to market share. Their spot trading volume also saw explosive increases throughout the quarter, culminating in March’s staggering $95 billion. This impressive performance has seen Bitget overtake several competitors, solidifying their position as a leading exchange for both experienced and new crypto traders.

SOL is on the move! Keep your eyes peeled as it approaches key resistance at $148.27. Further ceilings await at $148.98 and $151.86. However, a breakthrough could signal a stronger bullish phase. Support levels stand firm at $141.17, with even stronger foundations at $133.73 and $128.71. These are critical in case of any selling pressure, offering potential buying opportunities on dips. Feeling bullish? Traders might consider long entries on pullbacks to major support levels, with stop-loss orders placed below $133.73 to manage risk. If SOL struggles, short positions could be in play with targets set at subsequent support levels.

In last couple of years, there has been debate over the top memecoin investment with centre of discussion around DOGE, SHIB, FLOKI, PEPE and a host of others. Personally, I feel comparing any contender to DOGE feels akin to comparing altcoins to BTC. DOGE, being the pioneer memecoin, boasts an impressive $22 billion market cap, towering over its closest competitor, SHIB, with a $13 billion market cap. Its unique endorsement by Elon Musk further solidifies its position. The fervent backing from its vast online and offline community serves as a blueprint for other memecoins to follow. Thus, it's no surprise that DOGE emerged victorious in a recent Bitget poll, where enthusiasts competed to showcase their community's strength in honor of DOGE DAY 2024. With DOGE predictably clinching the win, ten fortunate participants stand to each receive $300 worth of DOGE through the event's gleam completion. Let's seize this opportunity to bolster our crypto portfolios.

Hi @neueneuen Thanks for coming back to this, Please note that number 1 above has been confirmed, unfortunately, I don't have number 2 yet. We will keep you updated. Thanks, KoketsoIG

thanks, no idea of the setting, or how I turned it off

Just recently, I wrote an article about how a Solana blockchain art project (Artrade) is helping artists raise their earnings and even further transforming their physical works into RWA essentially NFTs. With that in mind, I came across Rarible, a marketplace that focuses on digital art and NFTs and the similarities of the platforms caught my attention. Rarible allows artists to sell their creations as NFTs, essentially digital certificates of ownership and cuts out middlemen, connecting artists directly with buyers. Beyond trading, Rarible offers a somewhat user-friendly interface for creating NFTs, even for beginners. The platform unlike Artrade is built on the Ethereum blockchain and uses its own token, RARI, for governance and rewarding active users. In the long term they seem building with the goal of becoming a DAO in the future While it’s still early days, I have no doubt Rarible offers a unique approach to buying, selling, and creating digital art, and the recent listing on Bitget will further expose it to new communities and potential investors. Do you think RARI's approach will be sustainable as a marketplace for NFTs?

Soybeans Elliott Wave Analysis Function - Trend Mode - Impulse Structure - Impulse for (5) Position - Wave 1 of (5) Direction - Wave 2 of (5) Details - Wave 1 of (5) completing with a diagonal. Wave 2 bounce is emerging before the price turns downside for 3 of (5). Invalidation now at 1226’6. Not much has changed since the last update. Soybean Price Analysis: Elliott Wave Perspective Signals Continued Downward Trend In the realm of commodity trading, Soybean has recently undergone a significant downturn, marking a nearly 7% drop since March 21st. This decline appears to be part of a broader trend that commenced back in June 2022. However, before this recent descent, there was a brief period of respite characterized by a corrective bounce starting in late February. Delving deeper into the price action, an Elliott Wave analysis sheds light on the intricacies of Soybean's movement. The daily chart's decline since June 2022 reveals a corrective pattern, delineated into waves A-B-C, as denoted by blue annotations. The initial wave, labeled as Blue Wave 'A', terminated at 1249 in October 2023, exhibiting a distinct diagonal pattern. Subsequently, a modest rebound ensued, marked by Blue Wave 'B', which concluded at 1398 in November 2023. However, the ascendancy was short-lived as the bears regained control, manifesting in the ongoing development of Blue Wave 'C'. This wave, evolving into an impulse wave, has currently progressed to wave (5) following the completion of wave (4) in March 2024. Zooming in on the H4 chart, a granular analysis reveals the sub-waves of wave (5). Wave 1 of (5) concluded with a diagonal structure, followed by a corrective phase as the price undergoes a temporary upside correction to complete wave 2. Despite uncertainties regarding whether wave 2 has fully concluded or will undergo another upward leg, the overarching trajectory remains clear – a downward break is anticipated to continue wave 3 of (5), leading to further downside movement. In light of this analysis, the prevailing sentiment favors sellers, who continue to assert dominance over the commodity market. As long as the price remains below 1226’6, the outlook remains skewed towards further downside potential, with the possibility of reaching the lowest price point since November 2020. In conclusion, the Elliott Wave perspective offers valuable insights into Soybean's price dynamics, signaling a continued bearish trajectory in the near term. While short-term fluctuations may occur, the broader trend suggests that sellers are likely to maintain control, shaping the commodity's price action in the foreseeable future. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!

Thanks for sharing @CryptoSaint

Gold and oil prices volatile after Middle East news, while natural gas price moves higher for a fourth day News of a possible Israeli counter-strike against Iran lifted oil and gold prices before both rapidly retreated, while natural gas is continuing to edge higher. Source: Bloomberg Written by: Chris Beauchamp | Chief Market Analyst, London Publication date: Friday 19 April 2024 10:48 Gold knocked back from $2400 again Gold prices once again attempted to clear $2400, but ran into selling pressure for the second time. This pause to upward progress might signal that some short-term weakness is at hand, though there is at present little sign of any renewed downside. Buyers need a a close above $2400 to open the way to additional upside. Source: ProRealTime Brent spikes on Middle East tensions Oil prices had been under firm pressure in the previous two days, but spiked higher on news of a possible Israeli strike in Iran. The limited nature of the strike, and the muted Iranian response, meant that the price could not sustain gains, and the price fell back from its highs. However, if the $86 low can hold from Thursday then a short-term move higher may develop, particularly if tensons in the Middle East continue to rise. Source: ProRealTime Natural Gas moves higher Natural gas prices have edged higher over the past four sessions, rallying off the 50-day SMA. Further gains would target the $2000 level, and then on the 100-day SMA at $2138. A more bearish view would require a close back below the 50-day SMA. Source: ProRealTime

FTSE 100, DAX 40 and S&P 500 drop on Israel retaliatory strike on Iran Outlook on FTSE 100, DAX 40 and S&P 500 as investors fret about escalating tensions in the Middle East. Source: Bloomberg Written by: Axel Rudolph FSTA | Senior Financial Analyst, London Publication date: Friday 19 April 2024 10:34 FTSE 100 stabilizes following sharp out-of-hours drop The FTSE 100 dropped like a stone to its late February high at 7,751 as Israel fired missiles at Iran in a retaliatory attack in out-of-hours trading. Even though the index still opened lower, it has so far regained the majority of its intraday losses as hopes that further escalation will not take place become more prevalent. While no rise above Thursday’s high at 7,899 is seen, though, the FTSE 100 remains under pressure and may revisit Tuesday’s low at 7,794. Minor resistance sits at the early April 7,856 low. Source: ProRealTime DAX 40 drops to levels last seen in February The DAX 40 fell to levels last traded in late February when it hit the 17,400 mark on Middle East escalation as Israel launched missiles at Iran. The index is trying to heave itself above the 55-day simple moving average (SMA) at 17,715 which may act as resistance with the 17,711 low seen on Tuesday. Further resistance sits at last Friday’s 17,831 low. For the bulls to even short-term be in control again, a bullish reversal and rise above Tuesday’s high at 17,903 needs to ensue. Support is found at the 7 March 17,619 low and the 50% retracement of the mid-January to April advance. Source: ProRealTime S&P 500 slips to two-month low The S&P 500 is on track for its third consecutive week of losses as it hit levels last traded in mid-February at 4,927 amid a retaliatory missile strike by Israel on Iran. The index is trying to remain above this low but will now have the psychological 5,000 mark to contend with which should act as resistance. Further up the mid-February high at 5,049 may also act as resistance. Below today’s intraday low at 4,927 lies the 4,920 mid-February low. Source: ProRealTime

Trading volatility: DXY on US Q1 GDP With the US economy seemingly able to cope with relatively high US interest rates there’s the potential for this coming week's US GDP reading for Q1 to be strong. Written by: Jeremy Naylor | Analyst, London Publication date: Friday 19 April 2024 10:08 If this comes to pass there will inevitably be a long trade to be had around the US dollar. IGTV’s Jeremy Naylor looks at likely levels which may be key. The data is out on Thursday 25 April. (AI Video Summary) U.S. GDP data Anticipation of strong U.S. GDP data for the first quarter, expected to affirm the resilience of the U.S. economy amid high interest rates. This optimism is reflected in the forecast of the U.S. dollar's strength, particularly noted in the dollar basket's potential movement. Traders are advised to watch for a break above 106.19 in the dollar basket, suggesting a move to 106.98 on a robust GDP outcome. This analysis is tied to expectations that the Federal Reserve may maintain its hawkish stance on interest rates to combat inflation, impacting dollar positions and providing key insights for financial enthusiasts interested in currency markets and economic indicators. This information has been prepared by IG, a trading name of IG Markets Limited. 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. See full non-independent research disclaimer and quarterly summary.