1. volume on this 1 hour candle was 240
2. closing price on this candle was 47.56
3. opening price on the next candle was 72.39
So from the last tick on 21:00 candle to the first tick on the 22:00 candle the price moved 2483 PIPS! One tick... 2483 PIPS. The entire range on the very next candle was only 64 PIPS. So... if this was valid then in one tick there was a 2833 pip difference and there was no retrace... no volatility to speak of in the ticks that immediately followed on the next candle.
This was not movement from lack of liquidity.
I've been at this for about 4 years and am hoping to make trading FX my primary source of income. So i would like to know how this happens. IBFX doesn't have a dealing desk... right? So... one of their markets, a bank or institution, is the source of the invalid tick. Or was IBFX computers? I don't know. I'm hoping one of you folks can tell me or direct me to what i might read on this.
2. closing price on this candle was 47.56
3. opening price on the next candle was 72.39
So from the last tick on 21:00 candle to the first tick on the 22:00 candle the price moved 2483 PIPS! One tick... 2483 PIPS. The entire range on the very next candle was only 64 PIPS. So... if this was valid then in one tick there was a 2833 pip difference and there was no retrace... no volatility to speak of in the ticks that immediately followed on the next candle.
This was not movement from lack of liquidity.
I've been at this for about 4 years and am hoping to make trading FX my primary source of income. So i would like to know how this happens. IBFX doesn't have a dealing desk... right? So... one of their markets, a bank or institution, is the source of the invalid tick. Or was IBFX computers? I don't know. I'm hoping one of you folks can tell me or direct me to what i might read on this.