Position bars showed up hours later?

Thuy Pham · 2024-03-21T01:26:56+00:00

This example is on the EU 30 minute chart, but I see it happens on all the charts. I was watching it before FOMC, there were little to no shorties in the market. Then hours after the news, you can see a huge shortie position bar show up on the 30 minute candle before the news candle. If I saw tha...

This topic has 2 replies, 2 voices, and was last updated 2 years, 2 months ago by Admin SME.

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- March 21, 2024 at 1:26 am#96448
  Thuy Pham
  Participant
  This example is on the EU 30 minute chart, but I see it happens on all the charts. I was watching it before FOMC, there were little to no shorties in the market. Then hours after the news, you can see a huge shortie position bar show up on the 30 minute candle before the news candle. If I saw that beforehand, it would had changed my bias for the direction of the trade. Is it the limitation of the data feed and that’s just how the indicators works?
- March 23, 2024 at 1:57 pm#96649
  Thuy Pham
  Participant
  Does Djamal or anyone look at these forums? There’s no support for these indicators
- March 24, 2024 at 7:05 pm#96709
  Admin SME
  Keymaster
  Hi Thuys,
  the only situation where there can be a delay in a position bar is after “big item news”, including the FOMC.
  This has been stated several times. In the example above, we had that situation with the FOMC.
  That is why we wait for things to settle after such big items before placing trades.
  Does that make sense?
  SME FX
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