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I'll have a go as I remember the theory from one of Pete's videos.
Without other elements and not knowing the instrument in question, it may be a case of liquidity that has not had the time to form behind the price that quickly shot up. This is observed when economic data is released and there are spikes in one direction.
Because the move was fairly rapid, chances of price encountering some resistance at a key point and then turning back pretty much all the way can be higher because liquidity has not been 'refilled' so even lower volumes have the chance of moving price fairly easily.
This for example is not uncommon with CL, where lower liquidity exacerbates such moves.
Thanks.
There were no economic data released at that point of time. But yes, the FDAX is really thin and very temperamental to such moves. I´m just wondering why one can´t see these sellings on the heat map, because there "should" be some visible action pushing the market back so fast again...
I don't think you should see any selling activity because It's looks like the buyers just pulled out their bids and let the price go back down. If that is the case, you don't need a lot of selling pressure to move the price so the heat map didn't showed unusual activity or white areas with a lot of liquidity.
Eurex is good - Bund, Bobl, Eurostoxx, Dax
Osaka too with the Mini Nikkei
Currency futures, oil aren't too bad - there's a lot of currency trading in London and obviously every country uses oil, so oil has volatility from the Asian open.
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