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Caseynotes

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Everything posted by Caseynotes

  1. Hi, not really sure what is going on there, probably worth reporting via the platform. Go to PRT 'Help' > Technical Support' and you should see an option to send a report via a pop up box to type in a brief description of the problem which will be sent to IG's prt technical staff
  2. not quite sure of the context you mean but a broker will have retail clients and professional clients though you might be classified as retail but still trade full time.
  3. They are searching for already profitable traders, there is no cost, upfront fees or charges, if you can't provide proof of profitability don't even bother applying. Generally it's something like 12 months minimum of account records showing profitability with minimal drawdown. Keeping 80% of profits trading a 500k account is better than 100% of a 1k account and with 100:1 leverage and not even your own money.
  4. Dax bouncing between the pivot and H4 chart resistance, ranging and balanced, no overall direction. M5 chart;
  5. With the US indices back up near the highs it must be time for Trump to ratchet up the trade war again (4 times in a row so far). Donald Trump’s ready to escalate US trade war if deal not agreed soon, says top White House adviser Michael Pillsbury Tariffs on Chinese goods ‘could go to 50 per cent or 100 per cent’, Michael Pillsbury says But the American leader is not pursuing ‘cold war 2.0’, and US-China decoupling would be a ‘consequence of no agreement’ by Beijing, he says https://www.scmp.com/economy/china-economy/article/3028164/donald-trumps-adviser-china-michael-pillsbury-says-president
  6. from right click on the market the 'Open ticket in new window' creates a deal ticket (as in @Mark27000 's post above) you can move to wherever you want.
  7. Dax starting out above the pivot while Dow starts below, may take a little while to get back in step and decide on direction. Medium and long term remains bullish while short term is neutral.
  8. not clear on why someone with a bet of 10, 50 or 100 contracts would be happy paying hundreds of pounds every night for months on end in overnight funding charges when forwards or futures markets, where you don't pay any at all, were designed specifically for the task.
  9. Can't see any problem with this, the firm clearly states you must be able to prove your profitability and prove you can manage risk and if accepted you keep the first 5k and 80% of profits thereafter, at no point is the traders own capital put at risk. Interesting contrast to the company in @DSchenk 's new thread.
  10. Dow remains just below the ATH, some might be thinking there should have been more lift off the Fed mtg Wednesday but as I pointed out in the dax and dow thread Wed morning that if the event is front run to the tune of being 90 to 100% already priced in then the risk is to the downside rather than up. Not much on the calendar today and is Friday so not expecting fireworks but will be interested to see if there is any downward pressure and how the bulls might cope, they have been in control for some time now.
  11. Asian Indices up overnight Bonds flat, USD down Oil and Gold up, Crypto down. Risk neutral. Chart China A50. Ger PPI at 7am, some Fed speak throughout the day and Cad retail sales at 1:30pm
  12. Hi, they use the 1 month LIBOR but not sure which one for that currency, UK is around +0.7% but Swed and Euro is -0.5%. Also there is a borrow premium of 0.9% See example for shares and ETFs here; https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated-
  13. Dax and Dow breaking up over yesterday's high 30 min before the US open and the Dow's 'all time high' just over head (27401 monthly chart resistance purple). H1 charts;
  14. It's worth noting that this firm is looking for new inexperience traders, there are plenty of trading companies around, they are called Prop firms (Propriety) and to start you must submit your trading record first, if accepted you will pay a monthly 'desk fee' of around £500 for all the extras, news feeds and analytic data, ultra low latency connections, exchange fees etc as well as an account to trade and you receive a percentage of profits based on a sliding scale (the better the profit the more the percentage). But even with a proven record the firms Risk Manager keeps a tight rein for the first year. These guys on the other hand are offering tuition initially, whether it's worth the money couldn't say, but they are still going to have a fairly high failure rate, those who don't make the grade and don't even get off demo.
  15. I would say they can't really lose can they? you can be sure they will have a very tight rein on their 20k, there will be a max loss limit per day and will probably be very small as well as a max lose amount in total which will be small as well. So you could be paying them £400 to join and then £140 for the month and the boot.
  16. it's useful to firstly have a clear idea of the direction of a market, secondly it's a case of finding a potential target, and then thirdly (last) you would look for a good entry point if one presents. trade selection needs to be done in that order, if unsure of direction look no further, if direction is clear is there an obvious target? (us oil for example has just been stopped at a prior high) if not, look no further, if direction is clear and a target is obvious is there a good entry point - a pullback that's turned to continue the trend or a breakout. it needs to be done in that order not the other way round, many new traders just jump in on a breakout or even worse just on FOMO, then realise there no real clear direction or target, which means price isn't actually going anywhere with purpose but is just meandering.
  17. Oil is rising again on reports that Aramco have asked Iraq for 20mil barrels of crude and have asked China to accept delivery of a heavier grade than ordered. Daily chart;
  18. hi, I don't think you can edit IG's watchlists but you can for those that you have created yourself, at the bottom of the list there is + new watchlist, find the market to add then in the dropdown box click add to watchlist and choose your new one.
  19. Dax up from S1 on the open, pause at the pivot (orange) then on to just shy of R1 before breaking back down to the pivot for a retest.
  20. yes, you are right, they are both PG&E Corp, one is cash (dfb) and the other is the futures. this had me fooled >
  21. Dax starting just under the pivot and at yesterday's point of control on the volume profile indicator (red bar, highest volume for the day was put through at this level). Dow starts above the pivot after the drive up in the last hour of the US session yesterday. Will be looking for Dow to test the highs and for Dax to follow. Have added Ftse below which may react to the UK interest rate data today at 12:00, is starting out well below the pivot but just above daily chart support around S1. H1 charts;
  22. The only thing you've done wrong is put up the charts for 2 different companies, PG&E Corp and PCG Entertainment.
  23. Dow has just backed away slightly overnight having ramped up into the US close yesterday. UK interest rate not expected to change so it will be down to the vote count and the mon pol statement. Dax and ASX tracking Dow.
  24. Overnight and Indices pulling back, Bonds down Oil up, USD down Crypto down. Chart Microsoft up 2%. Japan interest rate decision presser at 7am, UK interest rate decision today at 12:00
  25. Hi, see this IG page https://www.ig.com/uk/glossary-trading-terms/grey-market-definition
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