Caseynotes

Yes, ASIC is Australia's version of the FCA. Account protection of up up £50,000 is provided by the FSCS (this is also the 'bank protection scheme') in the UK but there is no equivalent protection scheme in Australia. The regulatory authority in both UK and Australia (FCA and ASIC) demand client funds are held in a separate account to the brokers (ring fenced).

Understandable @JohnRoxton, so many border countries are one foot in, one out and always under pressure from the EU to comply so thanks for the update.

Hi @JohnRoxton, where did you see that? I would hope IG would have done their research before creating the page which is fairly new and the Swiss office must be aware of any imminent changes. ?

If you haven't seen this already it answers some questions if you are looking to open an account outside the esma zone, it's a comparison of what IG can offer under each countries own regulations. https://www.ig.com/uk/compare-our-leveraged-trading

Dow and Dax looking to push higher, FTSE with stubborn resistance at 7700. 4 hour charts.

This video is doing the rounds again, published at the end of last year it looks at matching market cycle to strategy to indicators. Very good if you've not seen it before. 20 min.

Word is Junker has given concessions and Trump has his deal. Dow 1 hour chart, expect the others to follow.

I have been wondering just what pensions dates/data are being used that come out before the 12th and 26th, if that was known then a backtest should be relatively easy.

Useful anniversary reminder of the relationship between Treasury Yields and Indices.

Yesterday dow breached resistance while dax hesitated, today could swing on the Juncker visit. Trump will do a deal if the EU have anything to offer. A nice break upward for the ftse but the bulls will want to see some continuation. Charts;

To answer my own question Switzerland can't come under ESMA as there are none of the esma 'protections' post Aug 1st as per this new IG page. https://www.ig.com/uk/compare-our-leveraged-trading

Thanks @TrendFollower, also just noticed Australia and South Africa don't have a Gov't backed money protection scheme and does Switzerland come under ESMA or not?

.... and just in time the email arrives, the down side of course is no tax exempt spread betting, no esma protection from negative balance, and the fact that your money is a long way away.

Support looks to be in place so looking for an up day today.

Hi @Aydin H, VWAP is not available on the web platform but was added to the IG version of Prorealtime with the arrival of version 10.3 in Feb 2017, but at that time there was no volume for currencies so VWAP did not work on currency charts, that may have changed as I have not used PRT for a while now. There are downloadable VWAP indicators available for the MT4 platform.

Meant to add this report I read this morning but couldn't find it again. Relays how Beijing is being unusually cautious this time round (China only imports $130 Billion of US goods). https://www.scmp.com/news/china/economy/article/2156349/why-beijing-unusually-muted-donald-trumps-latest-us500-billion

The indices are searching for support but we may well be getting close to the end game here as Trump threatens to go 'all in' with a tariff on the remaining imported goods from China ($500 Billion). Chinese can't respond in kind and have started to talk of a boycott instead, time to do a deal? 4 Hour charts;

Hi @JohnWoottonUK & @PandaFace, Don't know too much about him or this Dow strategy. He does get a hat tip from Bill Bonner who I have followed for years. I was wondering where you found the strategy John and if you have done his 4 day course in the first link below? Panda, Eoin Treacy's book Crowd Money could be a contender for your tread on books (2nd link). http://www.tradingtriggers.co.uk/ http://systemsfortraders.com/forums/topic/crowd-money-review-eoin-treacy/

Continues in it's rather elegant 90 point range since June 21. 4 Hour chart.

One of the most amazing charts of the S&P500 you will ever see plus the very interesting article behind it (posted today). http://theirrelevantinvestor.com/2018/07/19/pareto/

The Dow 4 hour looks poised for a break to the upside which could carry the others along with it.

Yes it's a bit special, to have a commentary from someone who has the perspective of an intraday trader right through to a hedge fund manager and then beyond to that of running an exchange is something else. Very clever guy. Also in explaining in perfectly reasonable terms why the 2 head offices are based in the British Virgin Islands and in Gibraltar without once mentioning tax or regulation was so well put the interviewer missed it altogether, made me laugh.

Very interesting interview with Mark Lamb, Co-founder and head of liquidity at Coinfloor (UK's number one Bitcoin exchange). Very clever guy with an interesting back story, he started buying Bitcoin at $8. Talks in detail about how the Coinfloor exchange works as well as differing types of trading on it. 30 minute podcast. http://www.futuresradioshow.com/podcast/207/

Dow makes an important break up past 24944 resistance of prior high and now aiming for 25405. Looking to Dax and FTSE to follow. 4 Hour charts;

Greg Michalowski talks football, the world cup and trading in this 12 min video.