What is the significance of this choppy tick chart? | Forex Factory

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What is the significance of this choppy tick chart?

  • #1
  • First Post: Jan 12, 2017 6:48pm Jan 12, 2017 6:48pm
Hi Guys.

Rookie question. What is this significance of this? is there any significance? is this High Frequency Trading? or just an attempt to flush out depth of market?
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"It's life, Jim, but not as we know it."
  • #2
  • Jan 12, 2017 7:58pm Jan 12, 2017 7:58pm
single tick chart
  • #3
  • Jan 12, 2017 9:01pm Jan 12, 2017 9:01pm
err thanks. but I know its a tick chart.
Just wondering about the chop action. I see it from time to time.
"It's life, Jim, but not as we know it."
  • #4
  • Jan 13, 2017 10:26am Jan 13, 2017 10:26am
Quoting guymontag
err thanks. but I know its a tick chart. Just wondering about the chop action. I see it from time to time.
What broker is this?
Where does it happen on the price move?
  • #5
  • Jan 13, 2017 12:45pm Jan 13, 2017 12:45pm
I see that from time to time too, cant say what it is, it can be hft. By the way you did the worst entry ever: your indicators were all low plus the inverse hammer, it was time to buy.
  • #6
  • Jan 13, 2017 12:53pm Jan 13, 2017 12:53pm
Just looks like a market makers auction. The longer they can keep it like that the more money they make.
Boxing clever since 76.
  • #7
  • Jan 13, 2017 2:21pm Jan 13, 2017 2:21pm
Quoting jonander50
I see that from time to time too, cant say what it is, it can be hft. By the way you did the worst entry ever: your indicators were all low plus the inverse hammer, it was time to buy.
Thanks. I'm good at that. Hence the rookie part.. :-)
"It's life, Jim, but not as we know it."
  • #8
  • Last Post: Jan 13, 2017 2:21pm Jan 13, 2017 2:21pm
Quoting copi88
Just looks like a market makers auction. The longer they can keep it like that the more money they make.
Thanks Copi!!!
"It's life, Jim, but not as we know it."
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