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MacD

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About MacD

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  1. Thank you I know it is often difficult to predict how these issues progress, but is there any estimate on how long this may take to be cleared? Mac
  2. Same problem for me too - the platform will not update making it very difficult to monitor open positions! I am with Sky broadband but I have no issues with my other broker (FXCM) the problem is only with the IG feed. Can someone from IG please respond to this and let us know what is being done (if anything) to resolve this issue? Or is IG taking the stance that this is a Sky broadband problem and therefore it is Sky that should resolve it? Mac
  3. I understand the logic but this happened at 10pm on Wednesday - I wouldn't have expected the weekend interest to be charged at this time? I did a quick check of other FX spreads and although all had widened, AUD/NZD was by far the worst at 20. The next closest was a 10 point spread (Can't remember which pair, though) Mac
  4. Whilst idly watching my screen yesterday evening I noticed that my position on AUDNZD was moving slowly against me and was getting close to my stop. Nothing unusual in that, I think to myself, my stop is there for reason and if it gets hit I learn a small lesson and move on to the next idea. But then quite unexpectedly the stop is breached and the position is closed. What the...??? I can see quite clearly that the price has not suddenly jumped through my stop yet it has been triggered nonetheless! Then I look at the spread - to my surprise it is now a whopping 20 points! I next look at the clock - it is 10pm exactly. And as we all know, this is a significant time when holding overnight positions. You can guess what happens next, of course. After a short time the spread closes up again and the price reverses and begins to drift away. Out of curiosity, I now check my Account Transactions - not only was I stopped, I was also slipped 0.8 points! And to rub salt in the wound I was charged "Daily FX Interest for 4 days AUD/NZD". I don't know why it states 4 days - the position was only open for a matter of hours (Perhaps IG can explain this.) Now, I don't trade large positions and I use sensible stops so it's not exactly a financial disaster. But come on IG - this game is hard enough without you pulling stunts like this on your clients. Would it not be possible for you to maintain the spread that a position was entered upon throughout it's duration? This would not only prevent the above occurring but also remove the worry of being spread-stopped when deciding to hold overnight. I would also be interested to know if this was a freak occurrence or whether it has happened to other users. Mac
  5. Hi  I'm no expert but the dow is trading right now around 18600 from a low of 17480 this morning, which even on today's crazy numbers is a range of about 5 X ATR - I have no idea of the reason (apart from the possibility that the algorithm trading bots have gone berserk) Whatever - I cannot see how it can fail to have a pullback from here - I for one am already short. Mac
  6. Hey  Now that's what I call a PINBAR!!! Not sure I want to buy it though... :smileyvery-happy: Mac
  7. No worries  it was only a small position. And you're right! It was in fact a punt :smileyvery-happy: I don't normally place this kind of trade, but now and again I like a flutter for a bit of excitement. And sometimes I have a good win (for instance, I was short GBPUSD on Brexit night!) In the meantime, I continue trying to improve my proper trading strategies. (And happily am slowly learning how to win) by using correct risk management and wiser entry/exit points rather than depending on slices of luck! :smileyhappy: Mac
  8. Bah! I got hit for a 200 point loss on the DOW last night :smileysad: I was convinced that Ms Hillary would be the best of a bad choice. If America would only get rid of that silly 2 term rule I reckon Mr O'b would have beaten Trump (On second thoughts... that might have meant 3 terms of George Dubya!!) Politics aside, I smell plenty of trading opportunities around this comedy show Longs: Bricks, Tasers, Ridiculous wigs Shorts: Polling organisations, Visas, Taco Bell
  9. The bones have been cast and the chicken entrails peered at (kept the dog away from them this month!) My prophesy for this month is 128K I reckon employers will be on the nervous side ahead of the US election comedy show. Will we see Mr T's hilarious barnet in the Oval Office? Time will tell... Mac
  10. Hi  I also read this thread at the time it was live but like yourself I was never able to fully understand the strategy. But then again, I'm not an expert on options (or much else in trading, being fairly new to it) But I have heard that options can be a very risky bet if not handled correctly so be very careful (or paper trade them to start off) if you are also on the learning curve. One thing I do know is that I saw a last post from  claiming that market makers and such like were robbers! But I have seen no posts from him/her since. Sounded like they'd suffered a very large loss (or even possibly burned their account :smileysad:) I haven't looked at options since then (if I'm honest, I find it difficult enough trying to trade the simpler stuff without worrying about more complex strategies like options straddles :smileyvery-happy:) Mac
  11. Thanks  Useful info as always :smileyhappy: Mac
  12. Let's see if my crystal ball needs a service or not... My prediction is.... 117,000 Mac
  13. Hi  - Do you have cursor details switched on? This caught me out once, check by going to to "Options/Platform Options" and see if "Display Cursor Details on Chart Windows" is ticked. Mac
  14. Hehe, I know what yer saying :smileyvery-happy: What I should have said was "We're Doomed... Unless you're short!" Mac
  15. Hey  I can hear the voice of Private Frazer even as I type; "I tell ye laddie - We're doomed!" On the upside - it's Friday evening and I'm about to head to the pub where all life's miseries will be solved! (Well, until Monday morning, at least) Have a good weekend, Mac
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