Hi Niki During the day I shut off my computer to reduce my screen time. I trade from 5pm to 1am. So when I post, I am on my iPhone and I can’t always see charts clearly. My answer is the accumulation area is always moving and to see the SPOT in real time, you need to be on M1. But you are in a zone of main accumulation. What they are doing is encouraging traders to go long by breaking each higher high with a new high. Traders start to place BREAKOUT orders about the last high and the big player simply takes the order then drops the price again. It’s a cycle of asking traders to stay long, and increase their orders. Then you will see a spike down to take out their stops before returning to create a new sense of a Bull move. Finally they will turn off the tap and throw some large orders to the down side. They set small targets always during accumulation, in a small range around 10-15 pips then throw in a wide range to clear out stops at both ends of a 1 minute chart. I believe they are attempting to buy or sell many thousands of lots over a period of time at a favourable price to themselves. They can’t gather these quickly and there is many big players doing the same thing perhaps at the same time. This is my believe because I witness this event occurring on the M1 chart every day. What has me very confused is this action can be so exact, it can be traded to within 2 pips or less. Check out that chart I posted on the other thread last night on EU, they were just accumulating on a small range of around 18 pips. I was confident I knew exactly what there targets were and just nail 5 great trades last night.
