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Caseynotes

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Posts posted by Caseynotes

  1. On the weekly chart Dow remains hard up against the all time high waiting for a sign to push on, the two main events to watch are the China trade dispute and the imminent US mid-term elections. Nikkei paused last week from it's slow and steady climb higher. Dax, as mentioned in the APAC report remains trapped by the downtrend line over concerns including Brexit, US/China trade and more recently Italian banks/politics. FTSE looking to continue the upward leg towards 7790.

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  2. It all happened so fast it never went to court, SEC only filed papers early this week, Musk capitulated immediately and settled out of court. Also I think that you can be sued any number of times by whoever has been disadvantaged by the wrong doing, hard to see what kind of defence Musk could put up having just settled though no doubt there is a non admission of guilt clause in the settlement. There are many likely to be queuing up behind Citron Research in what seems to be a deliberate attempt to manipulate the market. 

    And LOL part of the settlement is that he must hand over control of his social media accounts to (a sensible adult).  

  3. Quite right @TrendFollower, the fine is not a problem for him or the company, the biggy is being forced to step down and secondly there may well be a tidal wave of class action suits against him and the company now that he has, for all intents, admitted guilt.

    Worth watching the IG video from 10th Sep (above) re; Citron research had already started a law suit against Musk and also raises the question would Tesla stocks actually go up on a Musk resignation.

  4. Week end, month end and quarter end flows today.

    The Dow yesterday reinforced support at 26335 but the following move up was capped at 26560, this morning looks poised for another attempt.

    Dax had a strong day and is now looking to break up through 12460 for another leg higher. FTSE in a similar position looking to continue up through 7557. Nikkei continued higher before pausing.

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  5. Dow testing support at 26348 on the 4 hour chart while the daily chart shows Dax and FTSE pausing in the bounce up off weekly support, Dax has a trendline to break through to go higher. Nikkei maintaining it's breakout with a bull flag/channel.

    Daily charts;

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  6. Interesting time to take a look at the monthly charts as Dow retests the highs. Difficult to expect a break with the US/China trade dispute in full swing but certainly positioned well for any kind of deescalation. Note before this leg up price hovered on the line before a spark ignited and the index took off, that spark was of course the Trump election.

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  7. Hi @MaxJ,  I prefer to use point to point too but don't find it a problem to align, on the IG new platform you can click on the line and call up 'edit' which will show small circles to drag and drop to align.

    You may be referring to point to point lines getting out of shape as you move to different chart time frames but that is a generic problem to all platforms and occurs on trendlines as well.

    If you are referring to the MT4 platform you can achieve the same adjustment tabs by double clicking on the line and look for small white boxes at each end to adjust up or down or a central box to raise or lower the line horizontally.

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  8. I haven't traded live ko's no, only played about on demo to get a feel of them as they were a new product. Fortunately I can adjust my account size to be of sufficient proportion to carry on trading my fairly conservative risk level with the higher margin rate plus get the added bonus of negative account protection hence not worried about going for 'professional' status. 

  9. Not giving away much in the email that only some seem to have received. Was just looking at the demo platform that still has the old formula and the difference is quite startling. (see pics below). It all seems a bit odd though or maybe just wishful thinking on the part of IG and they have had their card marked by the FCA, wait and see. Certainly if things stand as they are the whole KO thing would seem to have been a waste of IG's time and money, maybe they still have a trick up their sleeve, who knows.

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  10. Strong push up by Nikkei could well lead the way today. Dow looks to continue higher breaking out of it's recent bull flag. Dax has broken up through the important 12110 which just leaves FTSE to break 7325.

    Daily charts;

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