Caseynotes

I would say probably as it's the same for every broker or whoever, who develops their own platform.

China have been very quiet since the dropping of the extradition bill, this below was from 3 days ago.

Waiting for the London open and both are just checking support, Dax at R1 while Dow just below R2 at the Daily chart resistance level 26550 (orange).

The demo platform is primarily a test bed for IG tech staff, clients being allowed to use it is a secondary consideration, I've said in the past that the two are more or less the same and they are for normal markets with sufficient liquidity but there may be occasional noticeable differences, see list below. Something else to ponder is that a trading platform is not a calculator or a cash register, it's a communication tool and sometimes the market just doesn't want to listen no matter how hard you might be smashing the sell button 🙂

sure I have used the web based platform, if the problems you describe above were platform based there would be 36,000 people on here complaining but 1 or a few would seem more likely to be something on your computer is interfering with the running of the IG app, i did mention this before but you dismissed it out of hand. I go on the web based platform every day and never once have I ever felt the need to press the reload page button.

China announce trade talks to start early October in Washington and Dow breaks up out of the recent range and drags the others along as well. Expecting directional continuation though watchout for the US ADP nfp and PMIs this afternoon. Daily charts;

Increasingly risk on, Indices up Bonds down, Oil up Gold down, USD flat Crypto down. High impact today US ISM non-manu PMI at 3pm 54 expected @dmedin though watch out for the US Markit Services PMI at 2:45pm. Also the ADP nfp at 1:15 can be market moving if way outside expectations.

@dmedin & @nit2wynit, fake spikes do unfortunately turn up on demo platforms occasionally, obviously not fraudulent as no money is involved, spreads for professional clients are the same if not worse than for retail because of larger size of deals, are you sure it's not the market that's laggy rather than the platform, it's certainly not on liquid markets or 10s of thousands would be complaining rather than just 1, a spinning cog is usually either a connection problem or there just is no market at that time, tablets and mobiles are prone to connection drop outs that cause gaps in the charts and distorted candles until a restart fills in the back data, and what is 'refresh' the chart, I've never needed to do that or even know how?

here's another interesting chart, the Copper/Gold ratio and is in a similar vein to the the chart in the post above. Could we be on the verge of the next big rally? Macro Charts @MacroCharts Copper/Gold Ratio weekly RSI. All time record low -- one more for the history books. Ratio is correlated with Bond yields, which also plunged to multi-year lows. Could be forming another historic base. Maybe the most contrarian chart ever...

na, you should do what i do instead, so look at the daily chart, what colour was yesterday's candle, if it was a directional candle today will probably be the same and same colour, less probable but possible it will be a reversal or a pause bar if yesterday was a pause bar then today could be either directional continuation or a reversal candle if yesterday was a directional reversal candle today will probably be directional continuation but may be a pause or a reversal. Then go down to the H1 chart, he who controls the pivot controls short term direction. if price is above the daily pivot look for continuation to R1, expect further continuation until you see a reversal. Same if price is below the pivot, look for continuation to S1, expect further continuation until you see a reversal. so not really looking too far to the left at all.

ah right sorry, i thought you were just trying to predict the past. you'd get even better results if you used higher time frames 🤸‍♀️

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Hedge Funds net leverage in US stocks at multi-year lows but right where some of the decades most powerful rallies began.

ah, I can see where you're going wrong, you might be Chinese perhaps but we read the charts Left to Right, not right to left, easy mistake to make.

If you can chart read and find the right levels you can see ahead, from this mornings post price pushed through R2 for Dax and R1 for Dow, but Dow has been held up at the H4 chart resistance level (blue dotted line) and as Dax is often well correlated to Dow (which is why I post them side by side) Dax is held up as well. So we await to see if the buyers or sellers are victorious at 26365 Dow.

fibs are used by some big traders who can move markets sure but nothing like the number who use obvious chart based support and resistance levels which, as mentioned above, also correlate with order clusters on the L2 and also with options futures positioning.

don't trade when high impact news is about to come out, why do you think i bother to look them up and even post them every morning, apart from that it's just a case of tracking price though the levels. going back to level 2 data there was another vid which explained quite well using l2 to find support and resistance levels, real orders get clustered at specific zones (coinciding with obvious chart support/resistance levels) , once price breaks through them there is relatively little standing in it's way until the next level. if instead price is rejected at a level it turns and heads back looking for more support (buyers or sellers) if it's to have another go, i have mentioned all this dozens of times before but you know how it is.

Dax tags R2 on the European open, Dow already past R1 having been climbing steadily since 2am.

The Indices are pushing up strong this morning after yesterday's disappointment at the US manu PMI, non-manu PMI coming up tomorrow expected at 54 should be interesting. Ger PMI at8:55am and EU PMI at 9am today.

Indices up Oil up, Gold and Bonds down, USD currently flat after the drop yesterday. High impact Largarde speaks at 8am, Cad rate decision 3pm,

Seeing people drawing attention to the US indices A/D line as in the pic below and also the NYSE A/D line are all making new highs.

yes IG does it all, and you can use it for cfd or non leveraged share trading, have a look at the dma user manual pdf , check which exchange you want a feed from, see this page and the link to the shares dma page from there. If you don't like it it will have only cost you £8. https://www.ig.com/uk/l2-trading-platform there might be some youtube vids on it too, will need to search. nb/ the professional requirement is only for forex trading.

That is the point, it's a different tool, you're not going through IG, you can see in advance if there is liquidity on the buy and sell side or not, and you are better off paying tax on profits than not paying tax on er no profits.

right yes, and welcome back by the way, it seems like only yesterday we said goodbye. I think we did talk about the DMA platform a while back but did you ever give it a try? It's only for cfd accounts but it does give you direct access to the market and you can see the level 2 depth of market data so you can see available liquidity in advance rather wait for the platform to respond, it's easy to move account balance across (I think you need £1000 in the cfd account) but costs nothing to download, I think the LSE exchange data feed is about £8/month but check, and you could see how it operates for a couple of weeks. I you didn't like it you could just move the money back. https://www.ig.com/uk/l2-trading-platform