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Caseynotes

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Everything posted by Caseynotes

  1. Hi @psycho, to get an overview of all accounts you would need to go to your 'MyIG' page and select each account in turn. (see pic below) You will need to make one template for each platform to use to create new charts on that platform. The system looks at each account separately, the free cash amount on an account is that which has not already been allocated as margin for any open positions and so is free to use as margin for a new trade. I'm not exactly sure of the answer to your last question but going by previous conversations on the forum I would stab at; there is a conversion cost to trade USD denominated instruments, you could keep some money in a USD account for opening new USD trades and/or if you were going to withdraw USD. But the conversion cost does not appear to be high and most people seem ok with the auto conversion back to GBP once the trade is closed.
  2. @Trevbeats, spread betting is only available in the UK because it takes advantage of specific UK law. Other counties don't have an equivalent law and are unlikely to create one. The sole advantage of an account outside of ESMA regulation is having a lower margin requirement (higher leverage).
  3. Not that much of a reaction to the very low NFP number, just 20k as opposed to the 180k forecast. The reason being the Unemployment Rate actually went down from 3.9% to 3.8% and Average Hourly Earnings increase m/m went up from 0.3% to 0.4%. The mid-week adp result (see posts above) once again signaled the direction of the Bureau of Labor figures. US market open coming up has seen a drop in the Dow every day so far this week (if memory serves). Let's see.
  4. Actually @TrendFollower I'd forgotten you had already mentioned this move in another thread earlier this morning.
  5. Brannigan Barrett @Trader_Bran 2m "How much impact did #ecb QE have?QE created artificial steepening.German 2/10 curve is as flat as it was when QE started in 2015. So central bank inflated its balance sheet to 2.65trl & moment it stop,growth+infla expectations plunge!Europe is a dying patient on a morphine drip."
  6. This was supposed to be just a throwaway thread but Gold just got a big boost from the very poor China exports data. H4 chart;
  7. Yes @TrendFollower, China had expected to be up 6.6% not down 16.6% US NFP today 1:30 pm. 180K expected but the adp nfp on Wednesday was below a similar forecast. Average Hourly Earnings m/m is forecast for an increase of 0.3%.
  8. Another daily bear bar yesterday for Dow and Dax, Dax was caught up in the downward pressure on the Dow on the US market open after initially getting a boost from Draghi's dovish comments. Also a big move down overnight for Nikkei. China reports exports down again for Feb and now down 16% y/y. Already a lot of selling pressure on Dax pre-European open this morning.
  9. ECB decides to pour more fuel onto the fire Dax up 50 points.
  10. Free pdf download https://www.pdfdrive.com/reminiscences-of-a-stock-operator-pdf-e7282291.html
  11. Yesterday's Dow daily was a bearish bar taking price down to the support level created by the drop on Monday (25608 orange) so will be looking to see if this support holds today. Dow has the ECB rate decision (12:45) and the Draghi presser (1:30) to look forward to today. Though these have been dull affairs lately this one might be more interesting if the ECB change their outlook.
  12. US ADP non-farm payroll figures today at 1:15, could give a hint to the big NFP release on Friday. 190K forecast, note beats on the last 4 out of 5 (see pic below).
  13. Dow remains confused over direction and is ranging between 25726 and 25894 despite yesterday's non-manu PMI beat of 59.7. Dax is following Dow while Ftse continues to dance to the Brexit deal or no deal headlines. Meanwhile the Shanghai Composite continues full steam ahead.
  14. Interesting short video from Topdown Charts looking at 5 charts including China/US PMIs, DM/EM PMIs, Futures stocks vs bonds and the Investor Confidence Index
  15. @mckenzie126 & @Trevbeats, see this IG comparison page (recently updated to include the US); https://www.ig.com/uk/compare-our-leveraged-trading
  16. Something of a mini 1 hour flash crash yesterday at 4 pm on no news, indicative of a jittery market that is up against a boundary and has already priced in improved trade relations between US and China but still waiting for some actual proof. Dow found support at 25608 then again more recent at 25757. The first target for the bulls will be to get above the old daily support line at 25868. US non-manu PMI today at 3:00 pm forecast is 57.4 Dax dropped just below 11569 (red) and will be interesting to see if the bulls can get price back up and over and may provide a hint as to the direction of the Dow today.
  17. COT has nearly caught up to date having been publishing twice a week since the ending of the US govt shutdown. Looking at the Dow - large speculators remain net long while small speculators have dived in short from the end of Dec and into Jan and Feb and stayed in. I did see that sentiment had turned for the retail trade some time ago which would suggest many are underwater at the moment and watching price closing in on their stop. S&P 75% and Dow 64% of IG retail clients have short positions (during one of the strongest 2 month bull runs in history). Dow top pic
  18. yeh @TrendFollower, that's the most obvious support level on the chart and so that's where buyers can be expected to band together and try to rally. Though the news re; trade talks continues to be good though guarded I think the big news last week was the 2.6% US GDP beating the forecast 2.2%. Match that with US PMIs consistently in the 55s-60s shows the US economy is stronger than thought.
  19. The plummet continues, gold currently at 1286.94 and heading for the weekly support level 1276.61. Daily and Hourly chart;
  20. Looking at the weekly charts and Dow looking for it's 11th straight bull candle. After a strong Friday bull candle on the daily Dow chart price gapped up on Sunday and no reason to suppose anything other than continuation for today. On the Dow H1 price just pulling back from a test of 26169 so we could see an initial attempt to gap fill down to 26069 but the day's targets are 26169 then 26241. Dax H1 in a similar situation and currently testing ST support at 11660. Looking to the 7 am and 8 am candles to signal direction for the morning session.
  21. Why I often go on about PMIs and market sentiment, incidentally US manu PMI data today at 3:00 pm https://www.dailyfx.com/forex/fundamental/article/special_report/2019/02/28/How-Market-Sentiment-Confidence-Releases-Improve-Trading.html
  22. The markets look to have gotten over the disappointments of Trump's Asia visit but still with a sense the trade dispute is in it's end game. Dax in a early break of long standing resistance 11569 while Dow shaping up for a test of 26241. Ftse looking to join in the rally though well off the pace.
  23. HI @steve1875, broker platforms are fixed to the time zone of the country in which they are based and can't be changed however IG also incorporates a third party platform Prorealtime which does enable changing time zones though there are conditions attached to the use of PRT via IG.
  24. Run down on month end flow from LMAX.
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