Disliked{quote} Looks like bears have chosen that sneak-peek strategy slowly crawling towards the 1.1837 support. They should have the upper hand - let's hope bears are gonna put an end to this ranging...Ignored
- #136,104
- Jul 13, 2021 5:14am Jul 13, 2021 5:14am
Googled for tickle algos but google does not know them.
Nowadays Google does not wanted to know everything anymore - or show you it at the first page.But the term "tickle algo" is more an insider term. It's an high frequency algo who is intended to fool the market by submitting in an low activity environment very narrow bids and just removes them a fraction before they are getting filled. Done over and over again (from there comes the term tickle) it slowly moves the market in one direction... until high volume kicks in.
Again... it's more of an insider term and since nobody pays Google to promote this ... you will for sure not find it at the first 3 pages of your Google search.
- #136,109
- Jul 13, 2021 6:57am Jul 13, 2021 6:57am
- Joined Mar 2020 | Status: Trader | 1,129 Posts
1.1837 now should i buy or sell (targetting 20 pips) vote up if buy vote down if sell
- #136,110
- Jul 13, 2021 7:09am Jul 13, 2021 7:09am
Taking the average of the sum of all broker statistics is actually a better (i.e. larger) dataset.. I might include that in my analysis from now on.. But I need to be sure first.. Time will tell..*Based on M15 I continue with my classic rinse and repeat: selling pullbacks.. 1.1869 is currently the nearest resistance.. {image}
Thank you.
Krismitt.
- #136,112
- Jul 13, 2021 7:14am Jul 13, 2021 7:14am
Hmm... I see the movement nicely gradually down over the day... that reminds me on something. The tickle algos - they can be recognized by steady movements at times of no or very small volume. Today is CPI... and everything is about inflation these days... I noticed many times on days with such important data this slow and gradual movement... only to be total reversed at the news moment. The tickle algos luring over the day the crowd into the opposite direction. Its not a guarantee... but I am getting the suspicion that today is again such a day....
That might explain this 100 pip downward move with little to no volume last month:
1.1837 now should i buy or sell (targetting 20 pips) vote up if buy vote down if sell
Put stop break even when long and take away tp.
Trends have a higher probability of continuing than not.
- #136,115
- Jul 13, 2021 7:28am Jul 13, 2021 7:28am
- Joined May 2014 | Status: Full Time Trader | 27,104 Posts | Online Now
{quote} https://fxssi.com/tools/current-ratio It will only last few tens of seconds, and then it disappears and you gotta renew/reload the tab. Unless you're registered with the website.
Focus only on what truly matters!
- #136,117
- Jul 13, 2021 7:39am Jul 13, 2021 7:39am
- Joined Mar 2020 | Status: Trader | 1,129 Posts
{quote} I don't know why you keep saying that but I use Chrome browser and have it open all the time.. Never thought of registrating at all.. If I need a refresh I simply refresh my browser just as I would do on any other website.. Are you sure you have no issues on your PC or whatever device you are using? Or are you are talking of something totally different? Have no idea of "tabs".. Anyway.. for me just a regular web page..
- #136,118
- Jul 13, 2021 7:41am Jul 13, 2021 7:41am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
...because you never know - until you do!
- #136,120
- Jul 13, 2021 7:43am Jul 13, 2021 7:43am
- Joined May 2014 | Status: Full Time Trader | 27,104 Posts | Online Now
H4 Status Update
Below are my H4 S/R levels for the next 8 hours or so..
Below are my H4 S/R levels for the next 8 hours or so..
- Bears have the upper hand as mentioned but still have to achieve a candle close below 1.1830..
- 1.1811 would be secondary support that bears also have to crack..
- Slowly slowly the bear pressure becomes more and more obvious, not just for me but for all..
*15 more minutes until H4 candle closes on my broker.. Let's see..
I hope it helps
Focus only on what truly matters!