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Posts posted by Caseynotes
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Friday turned out to be a day for profit taking after a strong week and now seeing price moving back up towards the highs. Friday's market profile showed the POC was stable and did not migrate lower through the day which would have been the case if there was new money selling.
Plenty of people over the weekend telling us on SM and forums that this was it (again), the market is about to dive lower. These guys are always wrong more often than they are right. The truth is that no one can predict the future so why do they even bother, something internal drives them to it and your best bet is to completely ignore all of it. The charts will tell you exactly what's happening, regularly review the charts from monthly down to H1, see what's really happening and look to tag along, don't bother trying to second guess and front run, there is no need.
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7 hours ago, JohnMcClane said:
Not the first time, I've traded it before. Somehow it's not correcting itself since Friday
I closed the graph by clicking [x] and reopened it, then even refreshed the page to no avail..
ah ok, the problem seems specific to your account and it's strange as you've had the chart open before, you may have to phone the helpdesk and ask for tech support.
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"This is the ‘Crypto Trading Guide for Dummies’ where you’ll learn about crypto trading from someone who’s been trading cryptocurrency full time for 3 years."
Covers: - Where to trade - Finding coin charts - Types of trades - KING of TA - Risk Management - Trading concepts that work - Trading terms explained - FAQ
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1 hour ago, dmedin said:
You know the real reason there are so many 'indicators' and 'patterns' in TA? Because they are all EQUALLY USELESS
oh look, that example system in the post just above that I completely made up on the spot would have given 3/3 winning trades on the current gold chart.
I keep saying forget TA, it's only a guide and there's not much you need to know, only price action on appropriate chart structure can trigger a trade. You've been posting for a year and I've no idea how you trade, I think the reason for that is neither do you.
Try reading and following the thread instead of wandering around doing your own thing. Decide on one time frame and on one market which to apply one entry type. Then look at building your own simple system specifically for that.
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41 minutes ago, Pike said:
I totally forgot to thank you for replying to this post Caseynotes.
I did actually view those links while figuring out all the charges the first time around, but still I feel somewhere on the site there could be a simple calculator. This is pretty basic stuff. In MT4 I have a position-size-calculator indicator that tells me all this instantly. Not much use for share dealing.
Maybe IG would rather we don't think too much about the charges for holding overnight. Or any of the charges for that matter.
Cheers!
👍
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'NURSE' 'NURSE', 'MEDS QUICK'!!
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6 minutes ago, Frodoscious said:
What is this charge for?
I invest once per year in long term investments that I therefore don't need to change. I'm charged a commission for that.
I only invest using my ISA allowance, so don't qualify for any exceptions.
What is costing IG money in the maintenance of my account?
Thinking of pulling out completely and using another broker.
Good point, see this comparison page;
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1 minute ago, Frodoscious said:
No answers. No reasons.
hi, I don't think anyone from IG was on the forum yesterday. Charlotte is the main go to person so if you add @ as in @CharlotteIG she will get a notification her tag was mentioned in a post.
Also consider they can't address specific account queries on a public forum so may end up pointing you towards the IG helpdesk to pursue the issue further.
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23 minutes ago, JohnMcClane said:
Looks like it's in "zoom" since yesterday, the graph bars look giant and I can only fit 4 bars on weekly chart on my screen just like in the picture I uploaded and it doesn't change, so I can't look at the weekly trend and can't see moving averages (also a problem when I switch to daily chart). Is it broken and how can it be fixed?
Hi, sometimes this happens if it's the first time you've opened the chart, there is not the historic data loaded, it seems to right it's self fairly quickly, maybe try a platform restart.
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1 hour ago, Kodiak said:
But he lags the democrats😁
"'Trump’s stock market rally is very good, but still lags Obama and Clinton"
"The Dow Jones industrial average has gained about 45 percent since Trump was sworn in nearly three years ago. The Dow was up about 53 percent at this point in Obama’s presidency and a whopping 57 percent in Clinton’s early years in office."
great, so this is just an average run then and bound to continue for at least another few years. 🥳
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1 minute ago, Nexuscrawler said:
I did, yes, but most of these questions are about the error message you get when you exceed your data allowance, and not actually asking to raise it. The most recent question about it I could find was asked in 2014 and ended with IG saying that they'll look into it. Since it's been more than 5 years I wanted to bring it up again, because it's currently the biggest limitation you have when developing automatic trade programs.
ok, I vaguely remember peeps discussing it here in the last few years and thought someone had a get round for the problem but I may be wrong, anyway there are a few api'ers check in on this forum so maybe over the weekend someone might offer up some news. Reply to this post tomorrow sometime to keep the thread up on the noticeboard so others might see it and respond.
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Donald J. Trump @realDonaldTrump
18m
“11,000 points gained in the Dow in the 3 years since the Election of President Trump. Today it may hit 29,000. That has NEVER happened before in that time frame. That has added 12.8 Trillion Dollars to the VALUE of American Business.” @Varneyco @FoxNews The best is yet to come!
everyone's waving 'Dow 30,000' hats! I want one😉
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4 minutes ago, cheviot said:
I d say , we ve had a p/back to support on Sp at 3273, leg higher to highs then Woshh down we go ......Apple holding market up at $310 , once its finished , sayanara !!
could be, you mean a leg higher on the US open then a drop down into the US close?
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Just now, dmedin said:
I'm not looking for a crash, I'm looking for some movement (either way)!
yes but a slightly negative report on a bullish market isn't going to cause fireworks, will be interesting though to see how things go into the end of week close, will there be profit taking or adding in?
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26 minutes ago, dmedin said:
Forget it ... closed out everything. Going nowhere.
Indices hardly moving after NFP came in well below estimates.
yes, amazing. the market has failed to crash and burn on a massive 15k miss on the 160k target. must be down to overall bullish strength then.
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Guess what, recession warnings are coming round again in this new year for the just the 10th time in the last 10 years, wow.
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2 hours ago, Nexuscrawler said:
I programmed a bot to automatically create and close orders for me based on several moving averages and trade momentum. I've tried to find a broker with an API for quiet a while now and I think IG might be the best choice for me, but I'm really having trouble testing my trade strategies mainly due to the low data point allowance on historical data.
Hi, this question has come up a number of times in the past, I don't use the API but have you searched the forum for previous threads on the subject? If you get nothing on the forum search box use google with 'api data allowance' and add 'IG community'.
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bears tryin to pick the top be like,
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1 minute ago, cheviot said:
Love it....! What can I say.....I ll get bullish around Sp 4000
nothing like wild optimism to get the blood pumping lol.
Recession Obsession
in General Trading Strategy Discussion
Posted
Yield curve signalling lower recession risk;