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  • Multiple FX Pairs Suddenly Flash Crashing

    From zerohedge.com

    In what some have suggested is a chained liquidation stemming from the collapse of AAPL shares after-hours, multiple FX pairs are flash-crashing across the globe amid still low liquidity conditions. USDJPY just flash-crashed a stunning 4 handles (the biggest drop since 2009 according to Reuters) to its lowest in over two years, as the JPY was suddenly panic bid against the USD, as the pair tumbled from 109 to as low as 104.87. Pushing JPY to its strongest against the USD since Nov 2016...In addition to JPY, AUD also crashed...Sending AUDJPY to its lowest since 2009...And TRY plunged, as the stench of a major carry ... (full story)

wy????
Literally Black swan without no knowledge to drop
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -84.9%
Anyone know why?
I still cant find the reason.
most have some news out ok u.k.
black swan
Invest in alarm clocks
check the AUD - it's gone completely crazy
i think this is the banks working..... taking our money
Its not UK as cable is stable
finally some movement
Money flowing into JPY ,NZDJPY 3.08% down
wow deep drop
Go close to family members right away. Something's about to happen. My broker shutdown the platform.
Invest in alarm clocks
WONDERFULL
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GBPUSD dropped >100p
I was expecting a slit drop but it went beyond my take profits 😎
Quoting danielpips
Anyone know why?
us$ is mess.
Literally.

You know Trump's ideas to default, etc, great cheap dollar...

That's sad, because i told people to sell EJ....and i forgot
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Bank taking out money. No news, no event.
Look my profile
I was short GBP/JPY, but only 5,000 units.
Quoting Not-KPMG
{quote} us$ is mess. Literally. You know Trump's ideas to default, etc, great cheap dollar... That's sad, because i told people to sell EJ....and i forgot
Not just US. its EUR/JPY and GBP/JPY also drop 300 points
And/ USD drops 300+
Quoting jsphshi
Its not UK as cable is stable
you blind ... usd yen moves first and than GBP yen ... seems really banks are preparing no deal brexit
May be due to Apple news and stock futures are pointing down. USD is going up.
Quoting Tony112
Go close to family members right away. Something's about to happen. My broker shutdown the platform.

guns loaded
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
And I closed my USDJPY short at the end of the NY Session LOL Oh well.
Emotion - it steals your money.
Swift Trade All Time Return: 7.8%
The banks preparing for Brexit a 00:30, altogether? Not very likely. Lets see how the GC will open.
that is what central banks said stability
There you go, guys.
Welcome to 2019 1st Black Swan
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -84.9%
104.62 will hold.
Stand-your-ground
Invest in alarm clocks
huppy margin call 2019
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a Glitch?
Quoting swing77
huppy margin call 2019 {image}
Just got saved from 50$ equity otherwise 1000$ account was at risk
My godness the volality.. all the demand filled by buy limit top market maker from 108 to 105..
Quoting andinurhasan
My godness the volality.. all the demand filled by buy limit top market maker from 108 to 105..
below 100, you mean
Fuuuuk shttttt
rip​ who​ have a​ long​ on​ this​ pair
Just following the fibs back up.
Brokers are going to have some explaining to do. Mine shut down usd/jpy at 104 and didn't reopen until back at 107
HARVES TIME
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https://www.forexlive.com/news/!/three-things-caused-the-flash-crash-in-forex-market-20190102
38 was it.
Crazy...
oh my broker you are got donnut again
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just made a s..t load on aud gdp
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
I am in NZDJPY trade MT4 will not refresh screen or allow me to manage trade. Any idea WTF is ging on. There lines are all tied up. I got a good chunk f money to the positive here
USD/JPY dead...
Quoting hkg_paul
{quote} below 100, you mean
No is not.. below 100 hit when trump was elected nov 2016 poll. That just too far pal.. i mean 108 to 105/104 is squariang position demand area at years 2018.. 2019 full of surprise but too early i think..
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Quoting icog
The banks preparing for Brexit a 00:30, altogether? Not very likely. Lets see how the GC will open.
Me too 😭
Nothing's ever promised tomorrow. Use stop loss and trade tomorrow
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Two punctures cause this movement EUR\YPJ end AUD\JPY.
Quoting Aussi
just made a s..t load on aud gdp

Happy for you my friend, Happy New Year!
Invest in alarm clocks
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i lost my new year ferrari but cheers to EURUSD
Anyone notice audnzd🤣
Went below parity
Quoting plymgary
Hidden
Most JPY cross-pairs and even USDJPY have shown valid sell setups for days.
Warning signs all over 2018 that a bear market is coming
Quoting Aussi
just made a s..t load on aud gdp
Same here - a 2000 pips move
Back to old days BOJ intervention series. will last 18 months
Market saying to us
"surprise m********a"
Newbie trader but full of surprises
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Invest in alarm clocks
Its just banks taking away stops and over-leverage accounts
I hope you guys are buying too, there is some bucks to be made here as the price goes back to "fair" value.
God knows what the hell happened.
i lose money for a living
yen save haven
Quoting tylerbose
I hope you guys are buying too, there is some bucks to be made here as the price goes back to "fair" value. God knows what the hell happened.
Yeah bouncebacks are the safe way to get trader's lost money back to your balance
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -84.9%
This happens when you have low liquidity....said it at least 3 times in my thread. Don't trade last week of Dec first week of Jan.

Also...now we're seeing some real effects of the trade war poking through....APPLE will lead the stocks for another red leg....also mentioned last week.
Anyone have a solid explanation on what the fuck just happened?
A fool learns from his mistakes. A wise man learns from the fools mistakes.
btw guys, fasten your seat-belts, this is the first gust of wind... the real storm is heading towards us
Invest in alarm clocks
Press F for those traders who got a margin call in January 2019 already
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -84.9%
Quoting ForestX
Press F for those traders who got a margin call in January 2019 already
lol. rip

F
Quoting ForestX
Press F for those traders who got a margin call in January 2019 already
F1 you mean
Quoting Tony112
{quote} Happy for you my friend, Happy New Year!
happy new year to you mate
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
White swan is around the corner 😂😂😂
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
I think commodities will start growing this year and somebody wants to buy aud very cheap. it was not against usd, it was again aud. check all aud pair, great interest is now about aud. strongest currency now from all
Wow. I just woke and thought there was a glitch with my trading platforms data...
Do we sell 107.6 to 105 or yes!!!!''

Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting matthew89
Anyone have a solid explanation on what the fuck just happened?
I know it sounds strange.....
I was just formatting a big post.👍👏

https://www.forexfactory.com/showthread.php?p=11839244#post11839244

Here. Educate all, don't be fooled.!!!


Quoting Tony112
btw guys, fasten your seat-belts, this is the first gust of wind... the real storm is heading towards us
Down hard? 👎👎

Nasdaq.... Apple.
Only 8% red now.....Expect moooore.
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting jsphshi
Its not UK as cable is stable
Stable cable LOL.

Anyways, sell UJ, buy EU?
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Ok here’s my plan. Long oil, long anything Cad, short Aud/Cad on this retrace. Plenty of tight relative stop-losses. I’m strapped son, let’s be part of this cleaning 🧼 team.
Invest in alarm clocks
EURUSD was not affected by this sudden move.
China has a railgun now?!

Watch out everyone!
in the "trading journal"section, it seemed that many created explorers to document their 2019 trading. i wonder how many of them have already failed and got called, barely a day into 2019. lol
3.4% drop and I haven't seen a single mention in any of the mainstream news outlets
Quoting digit1288
3.4% drop and I haven't seen a single mention in any of the mainstream news outlets

I believe it was some sort of " Stop Hunting "
Usdjpy dropped to as low as 99.89 with my broker 😳😳😳
Quoting mamalujo
Usdjpy dropped to as low as 99.89 with my broker 😳😳😳
Are you serious???
Invest in alarm clocks
Quoting Tony112
{quote} Are you serious???
Yes, I’m shocked, the lows for the jpy pairs are as follows:
Usdjpy- 99.89
Eur jpy- 117.77
Gbpjpy-130.81
Audjpy- 69.68
Quoting mamalujo
Usdjpy dropped to as low as 99.89 with my broker 😳😳😳
That has to be your platform glitching out, the lowest the USDJPY hit for me was 104.900
A fool learns from his mistakes. A wise man learns from the fools mistakes.
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Invest in alarm clocks
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That’s a screenshot
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Quoting mamalujo
That’s a screenshot {image}
Insane...
A fool learns from his mistakes. A wise man learns from the fools mistakes.
Absolutely insane
Hello everyone! A Happy New Year ... and what a start, huh? Not if you noticed, but the JPY was appreciating against all currencies, especially in the EURJPY since the opening of the London session on January 2, 2019. This sudden appreciation of the JPY against the USD in a matter of minutes, and without any mention in the big media about that fall ... 3.4% catches the eye ... it seemed strange to me ... I do not think it's a mere black swan. These days I watched a video on youtube, in which the person was talking about the enigmatic cover of The Economist magazine 2019. In it, among other strange drawings, has the caricature of Donald Trump on one side and Vladimir Putin on the other, half a panda bear looking at Donald Trump. The person explained that the panda bear represents China, who is keeping an eye on Trump. But what struck me most was the fact that in the magazine's editorial says that in the middle of the year 2019, the US economy will collapse ... I do not know with what basis the editorial of the magazine used to state that, but tell the person that I was watching on youtube that was written that there. I do not have this magazine, but whoever has it and wants to check if it is actually written there ... but if this is indeed true, would the explanation for what happened today would not be the banks warning of this? I think this news from Apple was just a smokescreen ... what do you guys think?
Quoting Tony112
{image}
Looks more like an almost complete absence of liquidity then a "fat finger", looks like all the JPY LPs decided to shut down at once.
Even other usually liquid pairs like EU had some wide range.
i lose money for a living
And the BOJ still sleeping with their QE lol
109 to 1000
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GOOD MOVES... I TOLD PEOPLES NEVER TO BUY AUD for no technical reason or yet fundamental to do so they said... its a buy a buy ??? now many AUDUSD BUYERS ARE IN HELL man be a trend trader and enter rest ....
i have a buy position without stop lose with 1:20 leverage and call margin now fuck this market and fuck forex i go to crypto trading now this is not true movemnet😔
Another account called margin dang with euro yen Bankers again manipulating market .this world order system with their banks will fall wait for 2020 Another global recession . so anyone have a money in forex or stock just withdraw much of them for not having hurt for 2020 market dooms day
Quoting tylerbose
{quote} Looks more like an almost complete absence of liquidity then a "fat finger", looks like all the JPY LPs decided to shut down at once. Even other usually liquid pairs like EU had some wide range.
I agree, I believe it's the major banks shifting money like I read in an article. It just made a cascade, that's all.
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Invest in alarm clocks
So who was using brokers with no negative balance protection?
Heheh saw this coming a mile away after Trump started his trade war.

Sold off all stocks and went long yen in Dec 2017 to prepare.

Didn't quite catch the top but it certainly proved profitable now doesn't it?
Quoting o0ehsan0o
fuck forex i go to crypto trading

I had to come back cause this sentence kept swirling in my head...
Are you sure this is your 2019 resolution? cryptos?
Invest in alarm clocks
Quoting Tony112
{quote} I had to come back cause this sentence kept swirling in my head... Are you sure this is your 2019 resolution? cryptos?
At least cryptos are on an exchange. This is caused by forex banks (JP Morgan, Goldman, etc) pulling their quotes then intentionally slamming an order down in Asia. It's pure manipulation.

They did the same thing to the pound in 2016, and the low also coincided with Soro's 1.20 profit target.
Made a small fortune in 1 minute 15 seconds. Gotta love trading with the trend.
AAPL news my arse.
Same old, same old.
Positive swap, the same old smelly cheese in the trap.
Learned my lesson a couple of years ago on GBP.
Sleep a lot better nowadays.
Where price is now, it has been before, and will be again.
I have lost $67k in this crash
Quoting Startup8580
I have lost $67k in this crash
Sorry to hear, did it blow past your stops?
If i recall correctly, the pound flash crash in 2016 was also a Thursday 🤔
Quoting ozzitrader
{quote} Sorry to hear, did it blow past your stops?
It went past my stop out. Unfortunately, I have never used a stop loss before. 1 month ago I started from 10k usd and increased it to 67k usd in 1 month. And lost everything in 1 day. Currently my account -300$.
Quoting Startup8580
I have lost $67k in this crash
Sorry to hear this
Quoting Startup8580
I have lost $67k in this crash
That sucks, man!
Quoting Startup8580
I have lost $67k in this crash
Sorry to hear.
I didn't lose anything near that in the 2016 crash but it taught me a valuable lesson never to sit on uncovered positions overnight.
Where price is now, it has been before, and will be again.
Quoting Startup8580
{quote} It went past my stop out. Unfortunately, I have never used a stop loss before. 1 month ago I started from 10k usd and increased it to 67k usd in 1 month. And lost everything in 1 day. Currently my account -300$.
😢, dont beat yourself up. Things happen. I feel for your loss. Been trading for a long time and unfortunately i hear about these situations frequently
I learnt the hard way during CHF crash and again GBP.... I decided to stick to only and only one rule:- USE MONEY MANAGEMENT- always risk only 1% of your equity for any trade. this saved me yesterday even though i lost a considerable number of trades but i'm still here trading without any stress.
Quoting Sidric
I learnt the hard way during CHF crash and again GBP.... I decided to stick to only and only one rule:- USE MONEY MANAGEMENT- always risk only 1% of your equity for any trade. this saved me yesterday even though i lost a considerable number of trades but i'm still here trading without any stress.
Using 1% of your equity implies keeping 100% of your funds in one broker. It's far better to separate your funds into multiple brokers to spread the risk and make sure your directional trades are separated.

Like the poster above if you forget to put a stop loss, or the broker simply didn't honour your stoploss you can lose everything if you keep all your funds in one basket.

Don't forget they can quote absurd out of bounds prices like some of the pics above which would bomb your account even though you thought you were only risking "1%".
Quoting Iro
{quote} Using 1% of your equity implies keeping 100% of your funds in one broker. It's far better to separate your funds into multiple brokers to spread the risk and make sure your directional trades are separated. Like the poster above if you forget to put a stop loss, or the broker simply didn't honour your stoploss you can lose everything if you keep all your funds in one basket. Don't forget they can quote absurd out of bounds prices like some of the pics above which would bomb your account even though you thought you were only risking "1%"....
Or better yet, have several accounts with the same broker, this solves the problem too?
Quoting mamalujo
{quote} Or better yet, have several accounts with the same broker, this solves the problem too?
Of course not. If your broker filled your trades with out of bounds prices like the pics from above, it can easily set your account to negative. In which case they can just take money from your other accounts without you having any say in it. It'll defeat the purpose of segregating your accounts.

It's best to keep the amount of money with forex brokers as low as possible to minimise the risk. Only keep enough for your day-to-day trading. Withdraw your winnings if any, replenish your losses with deposits if any. You don't get any interest anyway.

Personally I only keep enough for about 5 trades' worth of losses in my accounts (this is enough for my strategy which is mostly daily timeframe.) Another benefit of having multiple broker accounts is that you can easily compare feeds from different sources, which allows you to quickly identify if your broker is stop hunting you with artificial spikes. You can also compare swap rates to place trade on brokers which give the best rates, or compare fills or fill times, or any other criteria.
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Quoting Iro
{quote} Of course not. If your broker filled your trades with out of bounds prices like the pics from above, it can easily set your account to negative. In which case they can just take money from your other accounts without you having any say in it. It'll defeat the purpose of segregating your accounts. It's best to keep the amount of money with forex brokers as low as possible to minimise the risk. Only keep enough for your day-to-day trading. Withdraw your winnings if any, replenish your losses with deposits if any. You don't get any interest...
I am having the same idea regarding comparing few brokers with small accounts. Have you done that and may be suggestions regarding the best brokers you ended up with?
A bad way to start the year. What a s**tshow.
I call this the banks signalling their positions for next target, i.e. fall to US 0.68xx. Either by accidentally leaving the algos running with their long term target of sell to 68 over a low liquidity time period, or a secret way to tell the cartel the move without being caught for market manipulation, conveniently using low liquidity and fat finger accident sort of stuff.
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  • Story Stats
  • Posted: Jan 2, 2019 5:42pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 124  /  Views: 49,643