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TimP

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About TimP

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  1. The London Metal Exchange: LME The LME is one of the last pit traded venues in the world which has escaped the computerisation and digitalisation of the modern world. The iconic image of the 80's with men in brightly coloured suits has all but gone, however the live 'ring' as it's known is still the number one place in the world to trade a number of ferrous, non-ferrous, precious and minor metals. LME participants can trade and take or make delivery of aluminium, copper, tin, nickel, zinc, lead, aluminium alloy and NASAAC, as well as steel and scrap contracts, LME silver and LME gold, and other lesser known metals such as cobalt and molybdenum futures. We recently spent an afternoon at the venue and I managed to take the following video which I thought I would share with Community members. The LME is used for dealers and institutional trading houses who sometimes work on behalf of real world companies such as car manufacturers who need aluminium for delivery. A staggering 80% of the worlds industrial metal prices are set in this room. Everyone tends to wait until the end of the session, so the final few moments can be very exciting! It's only a minute or so long, but you can see the excitement as people can't even stay on their seats around the 30 second mark! Trade LME metals with IG As as exciting as this can be, I still think it's quite good that you can get exposure to all these same assets on the IG dealing dealing platform. Simply check out the Commodities section on the left hand fly out, and scroll to 'Base Metals'. You can also use the 'news' section on the left to search for specific news relating to these markets which may be lesser known to yourself.
  2. TimP

    Coca-Cola kicks off $5.1 billion Costa deal

    Costa Coffee, far and away the biggest coffee chain in the UK, has 4000 stores in 32 countries Founded in London, it has a growing presence in China, and strong positions in Europe, Asia and the Middle East The move follows PepsiCo’s purchase of seltzer-machine maker Sodastream for $3.2bn earlier this month
  3. Hi - I thought I would step in here. I am afraid we don't offer this with IG. We have disabled it to be forwardly compliant and out of duty of care to our clients as a lot of the stats can not be verified and there is no due diligence done on the traders on there. I am afraid with the IG MT4 offering we will never see them and I expect any decent broker will be doing the same in the future. Effectively it's all too easy to manipulate these figures which may make the results seem better than they actually are. Sorry for the bad news but it’s for the right reasons. Let me know if there is anything else I can do.
  4. Hi , Thanks for the feedback, and as always it is very much appreciated. We do indeed have a number of markets in the pipeline to launch on MT4, with Dollar index one of them. We have not planned any US treasuries just yet, although we hope the Bund will be online soon. With that said I will be sure to pass on the point you have made to the trading desk. As for the Cryptocurrency history I will speak to the MT4 team about getting this back dated as well as it somewhat mutes the value of technical analysis if there is not enough history. Thanks again for sharing ideas and if you, or anyone else for that matter, have any thoughts they would like to share on our MT4 offering then get involved!
  5. Hi all When trading over figures some traders look to use indicators to trade the breaks of ranges. This can be as simple as previous highs, be it daily or weekly, but there are some alternative ways. The Donchian channel is rather simple and yet effective way of overlaying on your charts the high and low of the last x amount of periods (In our example below we have used the 20 day as a standard period length). The great thing about this indicator is that it can show you levels of support and resistance, and when you're a few days out of a macro event you can start to formualte a trade idea and plan of what you can see as a potential range. This way traders are able to easily visualise key levels and it can be used in a number of instances including trading data or extremes in price. Markets with very wide Donchian channels can be considered more volatile compared to those with narrow channels. Below is how it looks. There are many indicators out there and so if any of you want to share what you use for trading data or what set ups you use then we would love the hear. It may also be worth having a look at Investopedia for a second account of the calculation. I have also set up my chart to show News articles 'in chart'. This way you can keep an eye on the fundamentals, whilst also looking at some technical indicators.
  6. Thanks for your feedback regarding the apps. The one that has been the most post popular is the Trade terminal as it has some tools that allow you to better manage your account from a risk perspective and even helps to automate trading discipline where you can have alarms based on performance. As for the bar changer you can only look to use smaller values to make the larger timeframes, not the other way round, as the tool would not be able to determine the high and low fairly. With regards to the issue you mention when it freezes are you still seeing prices update in the market watch or does the whole platform become unresponsive? If it is the latter as you suggest removing indicators first should help and then you can apply them after as that may reduce the impact of the indicator calculation. I hope that helps and as always if you have any more feedback about the platform I would love to hear about it.
  7. - I just need to double check a couple of things to fully answer your question, however I will be able to reply to you later today. Thanks for the question! - Thanks for your questions relating to MT4. Currently you can have Guaranteed Stops on MT4, however this is only possible if you have one of our Limited Risk accounts which will force all positions to always have a guaranteed stop. Currently you can't toggle on/off the guaranteed stop option for a regular account on a position by position basis (although we are looking at this - we currently don't have a road map in place). Cryptos are not currently on MT4 Demo although we are getting them added. They should be available by the end of the week, however due to some other priorities running simultaneously, it maybe the start of next. Tier 1 margin requirements for bitcoin will be 12.5% which means that 0.01 lots on a CFD account when BTC is priced at 3950 will have a margin of $493.75 ($100 lot size x 0.01 number of lots x BTC price of 3950 x 12.5% margin)
  8. TimP

    Upgrade to 10.3 PRT

    Hi all, I am pleased to announce that 10.3 has been released to all countries with an overwhelming amount of positive reponses. Naturally we want to keep on going from strength to strength and so with that in mind please do continue to share your thoughts on what we have and ideas of what we could do. Many of the new features have been based on your feedback and those that did not get added have already been passed on for consideration in the next version. Thanks again for all your support and as always keep those ideas coming!
  9. Hi I've posted an update on the 10.3 rollout here. Keep an eye on that thread or use the Subscribe button to be notified when we update it. Tim
  10. TimP

    Prorealtime 10.3

    Hi all I've provided an update on the 10.3 rollout here. We're happy to say it's coming soon. Tim
  11. TimP

    Upgrade to 10.3 PRT

    Hi all Just to update you on the progress of the 10.3 rollout. We're pleased to say the rollout to demo accounts has almost completed. If you have a demo account, you can access the PRT 10.3 right now. We're bringing it soon to your live account too. We're aiming to have this switched on by late Feb, early March. This could still change depending on feedback and testing, but we're working hard to bring this to you as soon as possible. If you have any feedback on 10.3 in your demo account, let me know here. Tim
  12. Hi Sorry to hear about the issue you have encountered. I have not heard any similar reports but with that said I would like to get this investigated for you by ProRealTime. In order to get the ball rolling and to give them enough information to work with pleasae can you go to 'Help' and select 'Technical Support' and in the dialogue window highlight the issue. Once you have done so please can you run the screener so the erroneous activity is visible and then select 'Allow the decryption of the codes....' and then finally 'Send report'. Once you have done so we can then go to ProRealTime to get this looked into. Once we hear back we can let you know directly and if there is anyone else that is affected then please do also follow the steps above and we can get this investigated. As for whether 10.3 would resolve the issue it would be hard to venture a guess but if PRT can identify the issue then they can apply the fix to all active PRT versions. I do hope that helps and I look forward to getting to the bottom of this issue with you.
  13. Hi You'll be glad to know we've now added the option to turn off the price line. Right-click on a chart, select Show > Price Line. Tim
  14. Hi  We're making some improvements to how zoom functions, which includes zoom and 'reset to current candle' buttons. This will be added in the next few weeks. In the meantime you can use the Overview at the bottom of the chart to filter the view (right-click on the chart and select Show > Overview to add this if it's not already). How are you finding the new platform so far? Tim
  15. mbs wrote: Very impressed with new platform as is much quicker and has a much smoother overall appearance. However, would be great if you could address the following: 1: Can we have an option to turn off the price line which spreads across the whole chart and is very off putting 2: Countdown timer to the next bar 3: Make the pivot points static as when you switch between charts or time frames they just scrunch up the whole chart Thanks in advance Hi  We've pushed out an update to fix scaling on pivot points, which will address point 3 for you. We're keen to find out if this has improved things for you, so let us know! Tim
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