Elliottwave counting, even though it looks so obvious here, is a crucccifixxxion personified - just plain unreliable.
Dead one has a rule about elliottwave and its even better than, "wave 4 cannot end in the territory of wave 1"
It is simple and says ..... the only way to do elliott right is...
I had the same problem last night, couldn't close my position and couldn't get through on the phone so had to hedge with IG but the time wasted cost me 30 points so not happy. I have reported it this morning and they know there was a problem but haven't got back to me.
Being stuck in a trade is...
Any Apple shorts should be covering here at 502 leaving the Nasdaq free to freefall, Dow might want one more push above 12900 before the pull back, Wednesday looks favorite.
A bit off topic, but wondering whether there's more sell orders at 498 (apple) than buy stops at 502 seeing as this is the only stock currently holding up the market
Hi Deadbroke,
New to this site so I will have little credibility. I have been in the situation you find yourself though. The difficulty is being able to think rationally when having been in an increasing losing position for some time.
From a completely unbiased perspective ( I am neither long...