Caseynotes

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

Interview with Moritz of Tradeciety and Edgewonk. Discusses day trading and swing trading differences and transitioning between the two, trading fx and stocks, brokers, banks and markets. Also talks about educators (as an educator) and journaling. https://twoblokestrading.com/086-swing-trading-profitable-swing-trading-moritz-czubatinski/ Recorded in mid Jan, 48 min, interview starts 10 min in.

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.

Great 50 min podcast discusses Level II, DOM, order flow and volume, interbank verses retail, crashes and much more. Interview with John Grady. Released on 19/03/18. https://twoblokestrading.com/095-no-bs-order-flow-volume-mastery-john-grady/

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.

Indices futures markets on the rebound as trade war risks lessen and prospects of a deal with North Korea. https://www.zerohedge.com/news/2018-03-06/futures-surge-nuclear-trade-war-threats-fizzle

Exactly the point made in the interview, so before considering any investment look deeper to see if a particular project has been set up with proper management to see it through, otherwise forget it.

Very wide ranging interview oil was probably in there, but it was also very detailed as well, gave some good specifics on what to look for in gold miners for example though tech is his speciality, had some interesting insight into Elon Musk.

Very good web based scan resource for technical indicators, candle stick patterns and point and figure patterns on stocks listed on a number of exchanges including the LSE. Can search by stock code or by pattern and is updated throughout the day. The start page shows 283 stocks made new 52 week highs, clicking on the number 283 brings up the list of stocks and from there the stock chart. http://stockcharts.com/def/servlet/SC.scan

Both continue in step to push up and out through a series of resistance levels.

Fred Hickey interview discusses current markets, central banks, US dollar and the economy in general. Gives insight into investing in tech companies, gold, gold miners, crypto and blockchain plus lots more.

Dax takes a fun ride down 100 tick to revisit the Feb 15th low before popping back up to put in a new high of the day.

Dax managed to get a bounce up off the trendline but struggling to make any headway as Dow bounces sideways on support.

Hi Presumably you are trying to put in a stop loss order or trying to move an existing stop loss order. The minimum distance changes with volatility throughout the day and so far this morning the Dax minimum stop has swung between 10, 15 and 30 points on the new platform. If you are using the MT4 platform you are dealing in lots rather than pounds per point so £1 per point on the IG platform becomes 0.1 lots and 10,15, 30 points becomes 100, 150, and 300, so 300 equates 30 points on MT4. On both platforms you can use the minimum level then tighten it often just a few minutes later and you are still able to close the trade manually at any point no matter where the stop.

Dow taking a hard look at yesterday's low.

Very much a picture perfect example of a head and shoulders pattern on the Dow yesterday including a battle over the neckline and a measured move down (head to neckline = neckline to target).