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RichardSmith

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About RichardSmith

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  1. I'm not hood at posting graphs, btw @Caseynotes where do you get these pics from. It doesn't look like IG Web interface. On the other hand, with DAX failing to get above weekly 100 MA and potential head and shoulders forming on a daily chart I see it going downwards this week to about 11845 mark. EUR consumers don't look confident either. Any thoughts?
  2. Thank you for your reply @Caseynotes. I sort of understand how it works for FX and spot metals and read the article you're referring to though what I don't understand is how the overnight charges are being calculated for Commodities. I may be repeating myself here but say why am I being charged for holding a short Gasoline position while being credited for holding a short Nickel position. I found two topics that come close to the answer, what I'm looking for is a formula say with a current Gasoline price example or a table that @JamesIG shared in the second topic
  3. Indices will only go down this year from here IMHO
  4. H @JamesIG, thank you for your reply. I indeed am referring to overnight funding costs and can't figure out how it is being calculated for Indices and Commodities. Say I'm shorting Nickel, Platinum and No Lead Gasoline. I'm being credited for holding Platinum and Nickel positions but being charged (a lot!) for holding the Gasoline positions. I was referred to this page by support that would suggest I should be credited if I have short positions though it isn't so. Any help to figure out the right formula would be appreciated. https://www.ig.com/en/commodities Best regards, Richard
  5. I'm wondering if there is a way to see underlying currency for all markets available in IG (apart from FX). This is important to me as I can see overnight swaps for currencies and spot metals but don't see them for other markets.
  6. Hi, I remember when I first logged onto my account, I was asked if I want an ability to have long and short positions for the same e.g. currency pair and I think I selected no. Can I set it back to yes somehow? Couldn't find it in settings. Any help would be appreciated. Richard
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