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Caseynotes

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Everything posted by Caseynotes

  1. I would divide educators into sectors. Some provide trading study guides which tend to be similar in content but vary in the level of importance attached to each component and also vary in their general ability to be understood. Some proved lessons in chart reading such as how to draw up a charts, levels and trendlines, identifying structure etc. And some advocate indicators, some of which are important and some are not depending on your own trading style. It's a case of horses for courses in choosing what may be relevant to your own trading style so if considering paying for any material it would be worth considering first if the educator's style suited your own ideas on trading. Certainly I've never included any 'pay for' courses in this thread unless they are being offered free for a limited period. For your true snake oil salesmen you should look to instagram for signal sellers, they are easy to spot because their posts will contain pics of; the hired for the day Lambo, stacks of cash (fake, bought in bulk on ebay), magnificent home lifted from a travel brochure, replica Ferrari key fobs (also from ebay), charts of winning trades selected from either the demo where they went long or the other demo where they went short at the same time.
  2. AND 777 IS THE NUMBER OF ... companies reporting earnings this coming week and some very big tech names amongst them. This is significant as the US indices are waiting at the boundary for either a push forward or a pull down and big tech have been the main drivers for some time now. Bear in mind also the US market opens tomorrow and that the following week also has a large number corporate earnings releases. See the calendar below.
  3. BoA fund manager survey on global economy turning up;
  4. US indices still hanging around the highs with nowhere else to go. Dax has the Ger PMIs to look forward to at 8:30 am and EU combined at 9:00. US retail sales at 1:30 pm. US Flash PMIs at 2:45 pm could be interesting. Dax and Ftse have dropped under the daily pivot and currently revisiting support on the M15 charts, wait and see if these levels hold, may see some unwinding of positions today before the Easter break.
  5. Philadelphia semiconductor index takes off, sign for the Nasdaq ahead?
  6. @dmedin, the classic options are still on the old platform, go to your 'My IG' dashboard page and see the dropdown box on 'open platform' button, see pic below.
  7. @nit2wynit, I pulled this video on using IG options (on the old platform) some time back for another thread, it may be of some interest to you.
  8. Oil shaping up to try for a break higher into clear space.
  9. Gold looking to test 1280 from the under side, if 1280 becomes resistance gold will have no choice but to look lower for support.
  10. Not much movement in the indices, little on the calendar and public holidays coming up, with all time highs just over head for Dow and S&P there will need to be something to tilt the balance. China put in a good GDP figure so the theme of global slowdown has lost some impetus but not sure that will be enough to cause any eye opening movement before the Easter break.
  11. The big push through may well have been more of a big pull through as the 76.9% retail net longs had their stops taken out. (From the article linked above in this mornings post) "Spot Gold: Retail trader data shows 76.9% of traders are net-long with the ratio of traders long to short at 3.33 to 1. The number of traders net-long is 4.3% higher than yesterday and 9.0% higher from last week, while the number of traders net-short is 0.4% higher than yesterday and 4.5% higher from last week."
  12. yeah, just saw that, a determined push as well.
  13. Gold bears continuing their attack today on this strong support level having been beaten off yesterday. This 1280 looks to be in serious trouble. As the article below points out, the fact that retail are scrambling to take on longs is probably the kiss of death for gold. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2019/04/15/Gold-Prices-Approach-April-Low-Hold-at-Symmetrial-Triangle-Support.html
  14. Markets were reluctant to push forward yesterday so lets see how today unfolds. The three are still running along resistance though this time the Shanghai is on an upswing, wonder if that will make a difference. Dax is chaffing to go higher but watch out for the Ger econ sentiment data release at 10 am. Dow looks ready to take on the weekly chart resistance level at 26496 (red) again today having failed at the attempt yesterday while the S&P has it's eyes fixed on that all time high (purple). Good read in John Kicklighter's blog today, draws attention to the China GDP data release 3 am tomorrow plus some market insight in light of Brexit developments.
  15. there is differing criteria for IG listings for leveraged and non-leveraged stocks, see link below posted just a couple of days ago on AIM stocks, and don't forget the IG DMA platform for leveraged or non-leveraged share dealing direct on the LSE. https://www.ig.com/uk/news-and-trade-ideas/shares-news/top-100-aim-shares-190408
  16. ... what, Tesla could be the next Blackberry, oh noooo 😧
  17. yeah, the online platform will only allow one at a time, the only thing to do is split screen and one on each. MT4 you can have as many as you want, not sure about PRT.
  18. Ta, won't get through it all in one sitting but interesting stuff. Laughed at the " ... stocks move for a reason, when people don't want to believe what stocks are telling them they just ignore it" ...
  19. "Further, markets continue to weigh in the weekend’s comments by the Russian Finance Minister Siluanov, citing that Russia and OPEC may decide to boost production to fight for market share with the United States but this would push oil prices as low as $40 per barrel." https://www.fxstreet.com/news/wti-drops-1-to-test-63-amid-mixed-signals-on-global-supply-201904151027?utm_source=tco&utm_medium=twitter&utm_campaign=fxstreetnews
  20. Yes, still looking for support, there was a report out this morning that OPEC may abandon quotas and just go all out for market share.
  21. Dax and Dow out of step this morning, Dow taking a close look at the daily resistance level while Dax hovers over support.
  22. Interesting shortened week ahead, the weekly Dow matches the S&P and once again staring at the all time highs. On the H4s China taking a dive while the other 3 are up against recent highs. At the European open Dax H1 is currently on a search for support leg down and waiting for the London open.
  23. Quite right, and that's actually a very nice chart, usually the sign of a well managed company. Not the norm unfortunately, most charts look more akin to the outline of a double humped camel. ☹️
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