What happened at 11:59 today?

Discussion in 'Index Futures' started by maxpi, Nov 7, 2019.

  1. maxpi

    maxpi

    ES one minute bar has ten times the average volume leading up to it, 7 point change...
     
    shatteredx and tommcginnis like this.
  2. Overnight

    Overnight

    The US simply confirming what China said last night about rolling back tariffs.

    Algos gone wild.
     
  3. maxpi

    maxpi

    most of the move happened in one second...
     
  4. Cannon_Trading

    Cannon_Trading Sponsor

    My guess is large orders triggered by ALGOS that scan the news and place trades accordingly.
     
    TooEffingOld and tommcginnis like this.
  5. S2007S

    S2007S

    Just computers driving the markets. Nothing to worry about as the algorithms now control every microsecond of these markets.
     
    wrbtrader likes this.
  6. tommcginnis

    tommcginnis

    Right. Like you've never seen such a thing since you signed onto ET 13 years ago. Riiiiiiight. :rolleyes:
     
  7. maxpi

    maxpi

    I was wondering what bit of news caused that actually...
     
  8. Turveyd

    Turveyd

    Spikes to blow through SLs and empty account instantly are back in fashion thats all, seemed to stop for a few years, FX used to have crazy 100pt instant moves all the time.
     
    TooEffingOld likes this.
  9. maxpi

    maxpi

    I was short the ES earlier, flattened for no good reason other than I was ahead a little.. glad I did, I'm sure my stop would not have gotten filled at a good price to say the least... gadz...
     
  10. wrbtrader

    wrbtrader

    That's why I always say, there's a little luck involved in profitable trading.

    wrbtrader
     
    #10     Nov 7, 2019