Caseynotes

Both dax and nikkei still nudging resistance (not forgetting the ECB rate decision and presser on Thursday) but dow remains undecided and cautious.

On the hourly charts dow leads the way on a test of support.

Just comparing the weekly charts and noting they are all at about the 50% retracement of the big move down from January and for dax and nikkei this was as far as they got on the first attempt to bounce back.

Indices looking to secure support and bounce back after a day of pullback.

aus plays catch up, dow and nikkei form a flag and dax trips over the line for a foul. Barring WW III the mood remains bullish.

Nikkei breaks upward, now dax testing strong resistance with clear space beyond.

Dow thinking to retest breakout level around 24674 while Nikkei itching to break out up past 21957.

Dow has moved higher through the day dragging Dax with it, Dax now approaching the post gap high and strong resistance. If the upward momentum continues into the US session could see a clear break for Dax.

Dow looking to break out and up today and the others could follow.

Indices totally reliant on Trump tweets for direction now, should be starting up shortly :smileyhappy:

20 min into the Euro open and dax looks more likely to retest the high at 12326 than the low at 12097.

Dax is going to try and follow dow and nikkei and break up past it's recent down trendline.

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Compare to the FTSE chart (weekly) Diageo keeps pretty well in step and even leads on some occasions.

Good point , the forum search function is a very useful tool. You may well find a question has already been answered at some time in the past.

Hi , The live chat function seems directed more for general enquires rather than technical questions, quick and easy so always worth a try but if no joy ask on the forum, someone may well have a ready solution to hand.

Hi , Good morning. I don't think you can access live chat through the platform at all so it's a case of opening a new browser page and finding the IG homepage as if you were not logged on at all. https://www.ig.com/uk/welcome-page After you have opened the snipping tool and framed the pic then click on the save icon and choose a folder in your pictures library to place it. So when you have started a post, click on the photo icon and then go to the folder with the saved pic, click 'open' then 'done' and it will be added to your post. The mini refers to a mini lot/contract size available on CFD accounts and so instead of playing at £1 per point minimum it might be £0.20 per point minimum. A good place to start as the risk is lower but then so is the reward. Yes you can change the limit and should be able to do that on the chart, the entry, stop and limit should appear as lines on the chart and you can change the stop and limit by click and drag to the new position. To my knowledge only on prorealtime can the time zone be changed, if you could snip a pic to show me where it says you can would be helpful.

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Just realised this was on a different thread so I'll repeat the reply; PS I forgot to add how to get live chat, Just open the IG home page in a new browser window and the live chat pop up will appear in the bottom right corner of the screen after about 30 seconds.

Hi , welcome, Which platform are you using? IG's new/old, MT4, or ProRealTime? Currently only the PRT platform time zone can be changed. See the video below for changing PRT time zones. See here for the different types of stops. https://www.ig.com/uk/trading-opportunities/2018/02/20/types-of-order-42279 Sometimes price may move in jumps rather than glide though all levels at times of high volatility and may actually jump over your normal stop level (called slippage), a normal stop will close the trade at the next quoted price away from your stop. You might want to pay extra to guarantee your chosen level, especially in highly volatile markets or at specific high volatility times such as planned data releases. And don't forget to check the IG Academy for educational material on trading and platforms, https://www.ig.com/uk/learn-to-trade/ig-academy Hope this helps.

Remain in step today following the drop yesterday that seemed to be more about Donald Trump's The Apprentice style 'you're fired' than anything else?

Hi , thanks for the clarification, can I just ask though, am I right in thinking the L2 DMA platform doesn't come with a charting package?, and if so and you were using PRT just for charting and DMA for dealing would you be liable for the monthly fee for using PRT or would the trades through DMA count?

Hi , the two platforms are different, PRT is a charting platform and comes with the standard IG server feed, the L2 is a dealing platform with differing pay for feeds so though PRT doesn't come with L2 the two can be used in conjunction. I notice that the IG info now to bundles the names Forex Direct, DMA (direct market access) and Level 2 all together which is a bit confusing. Most would consider that to take full advantage of the pay for feeds you would want to be dealing in considerable size?

Another dax stumble yesterday (as did dow) the up move is starting to look strained with volume dropping away. Influence of the 89% forecast chance of a US rate rise at end of March FOMC? The US CPI data at 12:30 with it's implications on potential US interest rates may stir the mix.

After dax stumbled on Friday while dow gained, both looking to continue higher this week.