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Showing content with the highest reputation on 26/11/19 in all areas

  1. 2 points
    @Mercury & @dmedin- Thanks for sparking this chat back up again. I feel like with everything going on with Brexit (focusing on EURGBP) and trade war we sometimes forget about Cable movement. DailyFX have wrote their thoughts on cable. Something you might find interesting, let me know GBP/USD: Overtaking This Price Could be a Game Changer- British Pound to USD Outlook
  2. 1 point
    During the US Thanksgiving holiday, we will be making some changes to our usual trading hours. These adjustments will take place between Wednesday 27 November and Friday 29 November 2019, after which we’ll go back to normal trading hours. (All times below are GMT). Wednesday 27 November Usual closing times on US markets, US equities post-market open as normal. Thursday 28 November US equity markets will be closed. US index futures close early at 6pm. We will make an out-of-hours price on Wall Street, US 500 and US Tech 100 until futures re-open at 11pm. The Volatility Index closes early at 4.30pm. US Crude closes at 6pm, Brent Crude closes at 6.30pm. The US 30-Day Fed Funds Rate and the US Dollar Basket close at 6pm. Metals, including Gold and Silver, close at 6pm. US soft commodities will be closed. London Sugar No.5 closes early at 5pm. Friday 29 November US equity markets will close early at 6pm. There will be no pre or post-market trading. US index futures and the Volatility Index will close early at 6.15pm. We will make an out-of-hours price on Wall Street, US 500 and US Tech 100 until 9pm. US Crude closes at 6.45pm, Brent Crude closes at 7pm. The US 30-Day Fed Funds Rate and the US Dollar Basket close at 6.15pm. Metals, including Gold and Silver, close at 6.45pm. Cotton opens late at 1pm. Chicago Wheat opens late at 2.30pm. US soft commodities (except New York No.11 Sugar) will close early at 6pm. Lumber trades 3-6pm, Live Cattle trades 2-6.15pm. The futures desk and all 24-hour indices close at 9pm, FX closes at 10pm. Let me know if you need clarification on this.
  3. 1 point
    Not the best start back in today. Watchlist Trades Was trading well in the beginning on IFRX. Then tried to make some gains on CHS, which didn't work out as planned. Raised the stakes a bit and went back on IFRX. Got too cocky in the end and booked a big loss on a $0.10 flush out. Glad I'm still on Demo
  4. 1 point
    force open allows you to have two open trades in the same market going in opposite directions. If you choose net off instead then they will aggregate to either cancel each other out or leave you with just the one trade still active if the two trades were of different sizes.
  5. 1 point
    Ok, so let's have a look what was going on with Ross whilst I've been away. In terms of trading strategy, this video got released: https://youtu.be/_NAM_oTYUQM There's a nice pdf you can download for free here: https://www.warriortrading.com/small-account-strategy-lesson/ In short: Scanning the market for biggest gappers with highest relative volume. Price under $20, above $1 Entry set-ups: Pullback patterns on 1min and 5min charts Risk Management: Risk $50 to make $100 (or 10% of account size) Daily max loss -$100 (or 20% of account size) 3 consecutive losers and out for the day In terms of broker: https://youtu.be/Tm-mOUMkM8E Answer: CMEG (offshore, to work around PDT rule in the US) In terms of charting: https://youtu.be/8wkucabTMk4 TD Ameritrade, cause charts are for free In terms of Starting capital: https://youtu.be/RTuq7QXniFc Answer: $500 Matches with my defined rules for this challenge. Can't wait to dive in again. Unfortunately just found out it's Thanks Giving this week 🤯 No trading on Thursday, and prob no point on Friday neither.
  6. 1 point
    Good start this analytics dashboard, but long way to go. It's 2019! A top Data Analytics Dashboard should be standard procedure for any broker The analytics form ProRealTime contains a lot more data and lets you drill down a lot better.
  7. 1 point
    Thanks for that @CharlotteIG, my analysis is similar in that I have a turn and breakout on GBPUSD and current consolidation, probably in a Flag, which suggests a continued rally on breakout. I believe this is overall a counter trend rally and the long term trend remains bearish. Naturally the UK election, Brexit new referendum or not, Marxist based government or not, Scot,and indyref2 or not is cause for concern but I imagine USD weakness might supersede this to some extent. My EURGBP analysis is indicating a period of EUR dominance to come soon, which may also be attributable to the UK political situation, at least short to medium term. therefore I prefer to trade EURUSD rather than GBPUSD, although I did trade the initial breakout but have cashed for profits.
  8. 1 point
  9. 1 point
    No breakout this week obviously but yesterdays candle was a spinning top, which either means a tend change of a breakout is on the way (yes up or down...). Still if we do see a positive candle on Monday that breaks higher that will most likely be a breakout confirmation. As such the upside potential is fairly significant and the move could be fast and furious. On the negative side, with the USD is rallying just now, and likely to continue for a bit, which could give some impetus to a breakout, the longer term set up for USD is bearish.
  10. 1 point
    The issue has now been resolved so the new post should only take 12 hours max to be approved. Apologies to anyone this affected.