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?
Does Djamal or anyone look at these forums? There’s no support for these indicators
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