thanks for the link... i will have a look now...
but see when i look at the graphs at ig index, i normally put it to a 5 mins/ 1 min graph as a daily graph wouldnt move 'real time' if you know what i mean... so what i ment was would the 20, 50 and 100 day moving averages be relevant in the...
thanks... and can i use the help of the moving averages and other techinical analysis progams to determine the possible trend if i'm just doing the daily trading or would it be irrelevant as the given data would be relatively volatile for the day ?
i appreciate the replys... I'm a total noob lol... so say FTSE closes at 6650 today.... then Down closes 150 points high at 9pm (so lets say it causes the FTSE to go up by 75 points)... does it mean that the next morning at 8am, when the ftse opens, it will open at 6650 + 75 points and not the...
if i am using these moving averages and bollinger bands in the graphs they provide, would it be relevant for day trading of the FTSE or are these more appropriate to be used with forex ? or perhaps longer terms ?
but how does the us market affect the ftse when the actual ftse is close? Surely any price variation in the non working ftse hours doesn't affect the actual opening price of the ftse the next day? Or am I missing something ?
thanks for the reply... so when the price changes, it isn't the actual index itself but something entierly seperate that IG implemented? And what do you mean by it follows the US markets? Because I thought FTSE is a uk market ?
Just wondering, i was trading earlier at the IG Index website... when I clicked on the graph, it shows that the price still moves until like 12am then starts at like 6am in the morning ? I thought the trading times were 8 - 4.30 ? Shouldn't the price be 'static' then ?:whistling:thumbsup: