Hey @Trendswithbenefits - I’m a little confused, i’ve attached a chart to make it easier for you.
I can’t see any trades where you played the immediate reversal (or any reversal for that matter), it actually looks like you missed the entire reversal and entered your long positions prior to level at which the flash crash was established over 30 hours later?
Good effort though - however you didn’t really trade the reversal, did you…
Edit: I’m not going to comment back on this to avoid taking this off topic and causing unnecessary arguments. But next time, just be honest and don’t say you’ve done something which you haven’t - especially after providing a chart showing your own trades haha.
Also, i’m not trying anything, this is a website to learn - I see no problem with correcting a mix up and highlighting that you didn’t trade any reversal, despite your claim
Yep I’m sensitive also, here is my overnight traders from last nigh, closed out this am before the NY shuffle.
However I don’t understand how trade #9009 snuck in there. I started yesterday evening with no open trades and the rest of the data is dissimilar as well.
I’m sure the huge spike of 01-03-19 will have a bearing on this as bucket shops brokers all had different levels of trickery; feel sorry for those USA traders that have to use OANDA, holey moley!!
Moving Average is derived from price, if the price is WAY lower, the MA will be lower, best to ignore strict technical analysis about MA until those numbers are in the way past, and out of the calculations, which means anything beyond the 200 period
Google around the internet, there are many many discussions about this, probably even here on BP
Good luck for the next flash crash / black swan / bank intervention / JPY news / etc.
you probably need to return to school snowman. there will be little effect as the calculation is usually based on closing price and is not weighted as per an exponential average. there will be little discernible effect
Good catch, there is something wrong with my Market Scope charts
Below is NZDJPY that circle show where we are missing 2 weeks of daily candles, It is effecting other time periods as well so my SW rankings are not going to be correct , let me see if I can pull numbers from TradingView. It really sucks when you can’t rely on your charts
