Hi fellow traders,
I have been seeing strange spikes in all NZD pairs at exactly the same time (20 UTC) every day. I thought it was only my broker (AxiTrader) but noticed in 2 other brokers as well, even though the spikes are not as wild as in Axi.
I have been noticing it for a while, but today I actually had live trades and they all got stopped out way beyond my SL level within a split second, exactly at 20 UTC, with no news at that time, and then the market just went back to where it was.
See attached screenshot.
Anyone else noticed this? Any idea what's going on? The spikes happen only in NZD - all cross pairs.
I have been seeing strange spikes in all NZD pairs at exactly the same time (20 UTC) every day. I thought it was only my broker (AxiTrader) but noticed in 2 other brokers as well, even though the spikes are not as wild as in Axi.
I have been noticing it for a while, but today I actually had live trades and they all got stopped out way beyond my SL level within a split second, exactly at 20 UTC, with no news at that time, and then the market just went back to where it was.
See attached screenshot.
Anyone else noticed this? Any idea what's going on? The spikes happen only in NZD - all cross pairs.