Jump to content

All Activity

This stream auto-updates

  1. Past hour
  2. 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.
  3. 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.
  4. Today
  5. 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
  6. Hi IG community! Off lately, we've noticed a rise in inappropriate content on our community page that doesn't align with our community guidelines. These posts range from spam and promotions for unrelated businesses to content that's simply not relevant to our community. This not only disrupts our purpose but also jeopardizes the safety and integrity of our space. Check out our community guidelines here: https://community.ig.com/community-guidelines/ We understand the importance of maintaining the integrity of our community, especially considering the potential financial implications spam content could have on traders. That's why we need your help to keep our community clean! If you come across any such posts that violate our guidelines, please don't hesitate to flag them. Flagging inappropriate content helps us identify and take swift action against such posts, ensuring a better experience for all members. Remember, we do not allow: Sharing private and personal information (Account number/Username & Passwords/ Contact details and Email addresses) Advertising (Promoting Self or other business) Spam (External links/Potential frauds) Solicitation Insults, or offensive posts Tips on bad practices How to flag inappropriate content: Once you've identified an inappropriate post, click on the three small dots located on the right of the post, and then select 'Report'. When clicking on 'Report', it will redirect you to a blank box where you can specify a reason (Optional) why you want to report content that is not appropriate and submit it. Your vigilance in flagging inappropriate content is greatly appreciated and helps us uphold the standards of our community. Together, let's work towards keeping our community a place where members can connect, learn, and thrive. Thank you for your cooperation! Thank you, Community Team
  7. thanks, no idea of the setting, or how I turned it off
  8. 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?
  9. 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!
  10. 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
  11. 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
  12. 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.
  13. Alphabet's integration of generative Artificial Intelligence (AI) into search and ads services, as well capital expenditure will likely be a key focus for investors. Shares Alphabet Inc. Artificial intelligence Price Revenue Share price Written by: Shaun Murison | Senior Market Analyst, Johannesburg Publication date: Friday 19 April 2024 10:02 Key takeaways: Earnings Expectations: Alphabet Inc. will release its Q1 2024 earnings on April 25th, with analysts projecting revenues of $69.787 billion and earnings per share (EPS) of $1.89. Revenue Diversification and Challenges: Despite a flat performance of its services segment being expected, Alphabet is seeing significant growth in its cloud computing division Market Focus on AI: Markets are particularly keen on understanding Alphabet's strategy and progress in integrating generative Artificial Intelligence (AI) into its search and advertising services. Stock Price Analysis: Alphabet’s Class C shares have an average 12-month price target of $168.64 among analysts Technical Outlook: Alphabet’s stock remains in a long-term uptrend but is undergoing a short term correction thereof When are the Alphabet results? Alphabet Inc. is set to report Q1 2024 earnings on the 25th of April 2022. What ‘the Street’ expects from Alphabet Q1 2024 results? A Refinitiv poll of analyst estimates (as of the 18th of April 2024) arrives at the following: Revenue for the quarter of $69.787bn Earnings per share for the quarter of $1.89 Googles services segment remains the largest contributor to revenue ($61.961bn expected) and is expected to be roughly flat year on year. Googles cloud segment is forecast to be the growth driver for the group adding around 28% y/y revenue growth reaching a figure of $7.546bn. The groups ‘other bets’ division, is expected to see a 35% contraction in its revenue contribution to group at around $288m. Markets will be looking for further news around the company’s involvement and integration of generative Artificial Intelligence (AI) into search and ads services. Capital expenditure will likely also be a key focus relative to investment into cloud and AI, and in lieu of recent cost cutting initiatives. How to trade Alphabet results Source: IG TipRanks Based on 11 Wall Street analysts offering 12 month price targets for Alphabet Class C in the last 3 months. The average price target is US$168.64 with a high forecast of US$185.00 and a low forecast of US$160.00. The average price target represents a 7.50% change from the last price of US$156.87. Source: IG 89% of IG client accounts with open positions on Alphabet as of the 18th of April 2024, expect the price to rise in the near term, while 11% expect the price to fall. Alphabet (Class C) share price – technical view Source: IG The share price of Alphabet Inc. remains in a long-term uptrend. In the near term we are seeing a correction of this uptrend from recent highs and overbought territory. Trend followers might wait for weakness to play out before looking for long entry in line with the longer-term uptrend. Confirmation that the short-term correction has ended, and that the longer-term uptrend is resuming might be considered on a bullish price reversal closer towards either the 149.90 or 142.30 support levels. In this scenario channel resistance provides a longer-term upside target of around 166.40. 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.
  14. Hi guys, Is there a way to access the Option data from API? thanks
  15. Financial markets had a rough week amid escalating tensions in the Middle East after reports of explosions and a possible Israeli airstrike in Iran. This added to investor concerns following disappointing corporate results and hawkish comments from Federal Reserve officials. The news from Iran drove up prices for safe-haven assets like gold, the US dollar and Japanese yen, while stocks fell and bonds rallied. Comments from a Fed official warning rates may need to go higher if data calls for it also rattled investors who had been expecting rate cuts later this year. Tech shares fell sharply after chipmaker TSMC lowered its outlook for the sector, disappointing investors. UK retail sales were flat in March.
  16. SMCI Elliott Wave Analysis Trading Lounge Daily Chart Super Micro Computer Inc., (SMCI) Daily Chart SMCI Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Micro wave 4. DIRECTION: Completion of triangle in micro wave 4 DETAILS: Looking for a correction to evolve around TL1 at 1000$. Looking for a completion of the triangle in wave 4 or else we could be in a sideways wave B of 4 to then continue lower towards 800$. SMCI Elliott Wave Analysis Trading Lounge 4Hr Chart Super Micro Computer Inc., (SMCI) 4Hr Chart SMCI Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (v) of {c}. DIRECTION: Completion of triangle in micro wave 4 DETAILS: Here we dig deeper into the triangle solution. We could continue sideways for some more time as earning report is on April 30th. On April 19, 2024, our Elliott Wave analysis of Super Micro Computer Inc. (Ticker: SMCI) focuses on the latest stock patterns captured on both daily and 4-hour charts. This analysis aims to provide investors with precise insights into potential future movements and price stabilization points. * SMCI Elliott Wave Technical Analysis – Daily Chart* Our detailed review of the daily trading chart for SMCI shows the stock currently in a corrective counter trend phase, characterized by a flat structure, labeled as micro wave 4. The analysis suggests a pattern formation pointing towards the completion of a triangle within this wave. Investors should closely monitor the price behavior around the critical level of $1000, a potential turning point. If the triangle does not resolve as expected, the stock may enter a sideways corrective phase (wave B of 4), potentially pushing the price towards the $800 mark. * SMCI Elliott Wave Technical Analysis – 4hr Chart* Zooming into the 4-hour chart, SMCI's stock provides a more granular view of the ongoing corrective phase, particularly wave (v) of {c}, which aligns with the completion of the triangle in micro wave 4. The chart suggests that the stock might continue to exhibit sideways movement for an extended period, especially as the earnings report date on April 30th approaches, potentially impacting stock volatility and price direction. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!
  17. Hi @KoketsoIG, I hope you are well. Were you able to get any further information from the desk? WBR
  18. Bitcoin halving, a pivotal event in the cryptocurrency world, occurs roughly every four years, reducing the reward for mining new blocks by 50%. This mechanism is encoded in Bitcoin's blockchain software to regulate the issuance of new bitcoins and ensure the total supply does not exceed 21 million coins. For traders, Bitcoin halving is significant because it diminishes the supply of new coins, potentially leading to price appreciation if demand remains robust. Historically, the months surrounding halving events have seen rapid increases in Bitcoin's price, fueled by the anticipation of reduced supply and increased scarcity. However, the impact of each halving on BTC price is not guaranteed. Market dynamics, such as demand fluctuations and competition from other cryptocurrencies, play a crucial role in determining price movements post-halving. As the cryptocurrency market matures, predicting price reactions becomes increasingly complex. Bitcoin halvings are integral to the network's design, incentivizing miners to participate in transaction verification by rewarding them with newly minted bitcoins. For every 210,000 blocks, the reward per block halves ensures a controlled and predictable issuance schedule. The rationale behind Bitcoin halvings has been subject to speculation. Some believe they were designed to stimulate early adoption and network growth by distributing coins more rapidly. Others view halvings as a deflationary measure, safeguarding against inflationary risks inherent in traditional fiat currencies. Critics argue that Bitcoin's finite supply and halving mechanism encourage hoarding behavior, hindering its adoption as a medium of exchange. Additionally, the concentration of wealth among early adopters has drawn comparisons to pyramid schemes, raising questions about Bitcoin's long-term viability. Despite the controversies, Bitcoin halvings continue to shape the cryptocurrency landscape, driving conversations about scarcity, value, and the future of decentralized finance. Understanding the mechanics and implications of these events is essential for navigating the dynamic world of cryptocurrencies effectively.
  19. @coljsteve, If you right click on the chart and select the Position option under Show > Open Positions, you should be able to view your position details on the chart. If the position is displayed but you do not see the option to adjust Stop/Limit options with the mouse, simply click on the position. Please refer to the screenshots below for guidance. Regards, AshishIG
  20. USD/CHF Elliott Wave Analysis Trading Lounge Day Chart, U.S.Dollar/Swiss Franc (USD/CHF) Day Chart USD/CHF Elliott Wave Technical Analysis DXY Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE: blue wave 5 POSITION: black wave 1 DIRECTION NEXT LOWER DEGREES: black wave 2 DETAILS:blue wave 4 of 1 looking completed at 0.90085,now blue wave 5 of 1 is in play . Wave Cancel invalid level: 0.88948 The USD/CHF Elliott Wave Analysis for the day chart provides insights into the potential price movements of the U.S. Dollar against the Swiss Franc, utilizing Elliott Wave principles for technical analysis. Identified as a "Trend," the analysis suggests that the prevailing market direction aligns with the broader trend, indicating potential opportunities for traders to participate in the direction of the trend. Described as "Impulsive" in mode, the analysis indicates that the current market movement exhibits characteristics of an impulsive wave pattern. This implies that the price is likely advancing in the direction of the trend with strong momentum, potentially offering trading opportunities for trend-following strategies. The "STRUCTURE" is labeled as "blue wave 5," providing clarity on the current phase of the Elliott Wave cycle. This helps traders understand the stage of the trend and anticipate potential reversal points or continuation patterns. Positioned as "black wave 1," the analysis highlights the specific phase of the Elliott Wave cycle within the current trend. This indicates that the market has completed a wave cycle and is potentially starting a new wave cycle in the direction of the trend. In the "DIRECTION NEXT LOWER DEGREES" section, the analysis mentions "black wave 2," suggesting the potential direction for the next lower-degree wave within the Elliott Wave cycle. This implies that the market may experience a corrective wave before continuing its upward movement. The "DETAILS" section notes that "blue wave 4 of 1 looking completed at 0.90085, now blue wave 5 of 1 is in play." This suggests that the corrective wave within the current wave cycle has potentially ended, and the market is now resuming its upward movement. Additionally, the wave cancel level is identified at 0.88948, providing a reference point for invalidating the wave count. Traders can utilize this information to assess potential trading opportunities and manage risk effectively. USD/CHF Elliott Wave Analysis Trading Lounge 4 Hour Chart, U.S.Dollar/Swiss Franc (USD/CHF) 4 Hour Chart USD/CHF Elliott Wave Technical Analysis DXY Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE: blue wave 5 POSITION: black wave 1 DIRECTION NEXT HIGHER DEGREES:blue wave 5(may started) DETAILS:blue wave 4 of 1 looking completed at 0.90085,now blue wave 5 of 1 is in play . Wave Cancel invalid level: 0.88948 The USD/CHF Elliott Wave Analysis for the 4-hour chart provides insights into the potential price movements of the U.S. Dollar against the Swiss Franc, employing Elliott Wave principles for technical analysis. Identified as a "Trend," the analysis suggests that the prevailing market direction aligns with the broader trend, indicating potential opportunities for traders to participate in the direction of the trend. Described as "Impulsive" in mode, the analysis indicates that the current market movement exhibits characteristics of an impulsive wave pattern. This implies that the price is likely advancing in the direction of the trend with strong momentum, potentially offering trading opportunities for trend-following strategies. The "STRUCTURE" is labeled as "blue wave 5," providing clarity on the current phase of the Elliott Wave cycle. This helps traders understand the stage of the trend and anticipate potential reversal points or continuation patterns. Positioned as "black wave 1," the analysis highlights the specific phase of the Elliott Wave cycle within the current trend. This indicates that the market has completed a wave cycle and is potentially starting a new wave cycle in the direction of the trend. In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "blue wave 5 (may have started)," suggesting the potential direction for the next higher-degree wave within the Elliott Wave cycle. This implies that the market may continue its upward movement, supporting the overall bullish trend. The "DETAILS" section notes that "blue wave 4 of 1 looking completed at 0.90085, now blue wave 5 of 1 is in play." This suggests that the corrective wave within the current wave cycle has potentially ended, and the market is now resuming its upward movement. Additionally, the wave cancel level is identified at 0.88948, providing a reference point for invalidating the wave count. Traders can utilize this information to assess potential trading opportunities and manage risk effectively. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!
  21. ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NATIONAL AUSTRALIA BANK LIMITED - NAB. In our Top 50 ASX Stocks forecasting service, NAB's price decline was accurately forecast, significantly reducing risk for investors. We are currently closely monitoring NAB for a further trading opportunity. ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB 1D Chart (Semilog Scale) Analysis Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave (c)-purple of Wave ((iv))-green Details: The short-term outlook describes that waves ((i))-green through ((iii))-green have concluded, and wave ((iv))-green is now unfolding. A common retracement target for wave 4 is at the 0.382 level, so I anticipate that wave ((iv)) will continue to decline to lower levels, while prices consistently remain below 36.11, which would increase confidence in this perspective. Invalidation point: 29.84 ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB 4-Hour Chart Analysis Function: Counter trend (Minuette degree, purple) Mode: Corrective Structure: Regular Flat Position: Wave v-blue of Wave (c)-purple Details: The short-term outlook suggests that the ((iv))-green wave is unfolding with higher detail. This could potentially be a Flat Correction (3-3-5) pattern, with waves (a) and (b)-purple already completed. Now, wave (c)-purple is likely to unfold, pushing lower. It is subdividing into five smaller waves, with at least waves i-blue to iv-blue identified. This implies that wave v-blue is completing its role. Following this, we may see the return of the ((v))-green wave pushing higher. Invalidation point: 33.67 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here!
  22. entry level data which has Stop/Limit bar, which you can adjust with the mouse. It shows the order bar, but when the trade is active it disappears
  23. @StringTheory, unfortunately with IG, you can only trade cryptos with leverage. Regards, AshishIG
  24. Hi @Nate, Unfortunately, purchasing Gold on IG isn't available, even if it's digital gold that you can buy, hold, and later sell for updated rates. However, with IG, you can trade Gold on our CFD and Spreadbet platforms using Leverage/Margin and capitalize on price differences. You have the option for spot trading or trading futures, holding positions as long as you have sufficient funds to cover your Margin. It's important to note that with spot trading, you'll incur daily interest fees for the leverage used, whereas futures trading doesn't involve additional interest fees as they are covered within our spread. I agree that storing gold like Smaug isn't always ideal. You have to constantly worry about Dwarves, Elves, or even Hobbits! Jokes aside, you can research how to trade commodities on our platform with leverage and decide what suits you best. All the best, AshishIG
  25. Hi, Placed £200 in a Gold Future deal but when it slightly goes down in value my leftover funds are being used and my equity is raised. Why are my leftover funds being used? Can I not just put everything in gold and keep a 100% equity in the deal? wont loose money unless I sell right?
  1. Load more activity
×
×
  • Create New...
us