Originally posted by Martin Gifford
Interesting anomaly with IG markets. The peak this morning was:
Investing.com (Dec futures): 26,
549
CMC Markets (DJIA cash): 26,
539
IG Markets (DJIA cash): 26,
658.
That’s 110 points above the highest price of the other two. Ahem. I bet there were some juice stops sitting there above 26,650. I had a stop on CMC, but opened IG first, so I thought I’d been hit. Then saw CMC was normal. Here’s the IG 1 min chart (live account, not demo), which shows how long price was up there for, and notice the action around the resistance line. Note that CBA chart yesterday had a spike up to $73 dollars on the daily and 4 hour charts, and that never happened, so it could be a chart bug:
View attachment 1327429
Unfortunately not seen on the MT4 platform otherwise my arb bot would have been all over it. Trade would have been disable on the net app. Advantage of using mt4 you can go in and change the values of the bars so your auto trading strategies dont get all out of wack. The period between stock market close and futures re-open on the DOW is always like that because its competently synthetic. Its called witching hour and most the strategies I trade filter it out or take advantage to moves.
69 is gone possible we could get to S3 at 6017.
Also the only way to survive trading CFD's is to use invisible stops or alerts. Lose sleep or money up to you. But the moves that stop most create opportunities for others.
(20min delay)