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What Are These Crude Oil (CL) 70+ Tick Pin Bars Today?


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What Are These Crude Oil (CL) 70+ Tick Pin Bars Today?

  #1 (permalink)
 
Squinty's Avatar
 Squinty 
SLC, Utah
 
Experience: Beginner
Platform: Tradingview, Jigsaw
Broker: Stage5
Trading: ES, CL
Posts: 8 since Feb 2019
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Can anyone tell me what this is (in the picture below)? They look like stop runs but I'm wondering the following:
  • If they work, why don't they happen more frequently?
    Can they be traded (if so, how?)
    Can they be avoided (if so, how?)
    Will they blow right past resting limit orders?


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Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
ZombieSqueeze
Platforms and Indicators
REcommedations for programming help
Sierra Chart
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Better Renko Gaps
The Elite Circle
 
  #3 (permalink)
 tr8er 
Europe
Legendary Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
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this is a bad data-provider, nothing else

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  #4 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
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@Squinty I agree with tr8er, it must be bad data.

This is my view - I put a couple of lines about where yours are for comparison

10 mins timeframe



1 min timeframe

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  #5 (permalink)
 
Squinty's Avatar
 Squinty 
SLC, Utah
 
Experience: Beginner
Platform: Tradingview, Jigsaw
Broker: Stage5
Trading: ES, CL
Posts: 8 since Feb 2019
Thanks Given: 8
Thanks Received: 3

Wow... I had no idea. Thanks for providing the screen shots showing a comparison. Very helpful!

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Last Updated on June 18, 2019


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