USD/JPY slides 3.4%, most since Nov. 2016, to 105.18

USD/JPY slides 3.4%, most since Nov. 2016, to 105.18

USD/JPY SLIDES 3.4%, MOST SINCE NOV. 2016, TO 105.18

It’s the rapture pic.twitter.com/nsohBVKu78
— zerohedge (@zerohedge) January 2, 2019

Added at 5:55pm

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)

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#1
Quote
Jan 2, 2019 5:43pm Jan 2, 2019 5:43pm

golfim
| Joined Jul 2010 | Status: Trader | 7 Comments

wy????

#2
Quote
Jan 2, 2019 5:44pm Jan 2, 2019 5:44pm

ForestX
Joined Feb 2018 | Status: Trader | 59 Comments

Literally Black swan without no knowledge to drop

I make perfect trades. But terribly manage it

#3
Quote
Jan 2, 2019 5:44pm Jan 2, 2019 5:44pm

danielpips
| Joined Oct 2017 | Status: Trader | 2 Comments

Anyone know why?

#4
Quote
Jan 2, 2019 5:45pm Jan 2, 2019 5:45pm

john0415
| Membership Revoked | Joined Apr 2017 | 68 Comments

I still cant find the reason.

#5
Quote
Jan 2, 2019 5:45pm Jan 2, 2019 5:45pm

hkg_paul
Joined May 2011 | Status: Trader | 1070 Comments

most have some news out ok u.k.

#6
Quote
Jan 2, 2019 5:45pm Jan 2, 2019 5:45pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

black swan

Invest in alarm clocks

#7
Quote
Jan 2, 2019 5:46pm Jan 2, 2019 5:46pm

eozdural
| Joined Jun 2015 | Status: Trader | 197 Comments

check the AUD - it's gone completely crazy

#8
Quote
Jan 2, 2019 5:46pm Jan 2, 2019 5:46pm

golfim
| Joined Jul 2010 | Status: Trader | 7 Comments

i think this is the banks working..... taking our money

#9
Quote
Jan 2, 2019 5:47pm Jan 2, 2019 5:47pm

jsphshi
| Joined Feb 2015 | Status: Trader | 3 Comments

Its not UK as cable is stable

#10
Quote
Jan 2, 2019 5:47pm Jan 2, 2019 5:47pm

c0ldsun
| Joined Nov 2015 | Status: Trader | 83 Comments

finally some movement

#11
Quote
Jan 2, 2019 5:49pm Jan 2, 2019 5:49pm

jsphshi
| Joined Feb 2015 | Status: Trader | 3 Comments

Money flowing into JPY ,NZDJPY 3.08% down

#12
Quote
Jan 2, 2019 5:49pm Jan 2, 2019 5:49pm

Derk
| Joined Nov 2018 | Status: Trader | 38 Comments

wow deep drop

#13
Quote
Jan 2, 2019 5:49pm Jan 2, 2019 5:49pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Go close to family members right away. Something's about to happen. My broker shutdown the platform.

Invest in alarm clocks

#14
Quote
Jan 2, 2019 5:49pm Jan 2, 2019 5:49pm

FlopHero
| Joined May 2018 | Status: Trader | 148 Comments

WONDERFULL

#15
Quote
Jan 2, 2019 5:50pm Jan 2, 2019 5:50pm

Trader#7FE1
| Status: Unregistered Trader

GBPUSD dropped >100p

#16
Quote
Jan 2, 2019 5:50pm Jan 2, 2019 5:50pm

Derk
| Joined Nov 2018 | Status: Trader | 38 Comments

I was expecting a slit drop but it went beyond my take profits 😎

#17
Quote
Jan 2, 2019 5:50pm Jan 2, 2019 5:50pm

Not-KPMG
Joined Jun 2015 | Status: Trader | 7592 Comments

Quoting danielpips

Disliked

Anyone know why?

Ignored

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.

#18
Quote
Jan 2, 2019 5:51pm Jan 2, 2019 5:51pm

desaivishal1
| Joined Dec 2018 | Status: Trader | 3 Comments

Bank taking out money. No news, no event.

#19
Quote
Jan 2, 2019 5:51pm Jan 2, 2019 5:51pm

ashimkhan
| Joined Jan 2013 | Status: Trader | 267 Comments

Look my profile

#20
Quote
Jan 2, 2019 5:51pm Jan 2, 2019 5:51pm

MatthewA
| Joined May 2006 | Status: Trader | 1 Comment

I was short GBP/JPY, but only 5,000 units.

#21
Quote
Jan 2, 2019 5:52pm Jan 2, 2019 5:52pm

danielpips
| Joined Oct 2017 | Status: Trader | 2 Comments

Quoting Not-KPMG

Disliked

{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

Ignored

Not just US. its EUR/JPY and GBP/JPY also drop 300 points

#22
Quote
Jan 2, 2019 5:53pm Jan 2, 2019 5:53pm

ashimkhan
| Joined Jan 2013 | Status: Trader | 267 Comments

And/ USD drops 300+

#23
Quote
Jan 2, 2019 5:54pm Jan 2, 2019 5:54pm

hkg_paul
Joined May 2011 | Status: Trader | 1070 Comments

Quoting jsphshi

Disliked

Its not UK as cable is stable

Ignored

you blind ... usd yen moves first and than GBP yen ... seems really banks are preparing no deal brexit

#24
Quote
Jan 2, 2019 5:54pm Jan 2, 2019 5:54pm

Love4Trade
| Joined Dec 2016 | Status: Trader | 2 Comments

May be due to Apple news and stock futures are pointing down. USD is going up.

#25
Quote
Jan 2, 2019 5:55pm Jan 2, 2019 5:55pm

Aussi
Joined Sep 2013 | Status: Trader | 4105 Comments

Quoting Tony112

Disliked

Go close to family members right away. Something's about to happen. My broker shutdown the platform.

Ignored

guns loaded

people leave, but this thread will go on for ever

#26
Quote
Jan 2, 2019 5:55pm Jan 2, 2019 5:55pm

TheSpoof
Joined Oct 2017 | Status: Trader | 1 Comment

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%

#27
Quote
Jan 2, 2019 5:56pm Jan 2, 2019 5:56pm

icog
| Joined Dec 2018 | Status: Trader | 37 Comments

The banks preparing for Brexit a 00:30, altogether? Not very likely. Lets see how the GC will open.

#28
Quote
Jan 2, 2019 5:58pm Jan 2, 2019 5:58pm

hkg_paul
Joined May 2011 | Status: Trader | 1070 Comments

that is what central banks said stability

#29
Quote
Jan 2, 2019 5:58pm Jan 2, 2019 5:58pm

ForestX
Joined Feb 2018 | Status: Trader | 59 Comments

There you go, guys.
Welcome to 2019 1st Black Swan

I make perfect trades. But terribly manage it

#30
Quote
Jan 2, 2019 5:59pm Jan 2, 2019 5:59pm

mathtrader
| Joined Dec 2010 | Status: Trader | 16 Comments

104.62 will hold.

#31
Quote
Jan 2, 2019 6:00pm Jan 2, 2019 6:00pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Stand-your-ground

Invest in alarm clocks

#32
Quote
Jan 2, 2019 6:01pm Jan 2, 2019 6:01pm

swing77
Joined Oct 2015 | Status: Ltf market | 1510 Comments

huppy margin call 2019

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#33
Quote
Jan 2, 2019 6:01pm Jan 2, 2019 6:01pm

Derk
| Joined Nov 2018 | Status: Trader | 38 Comments

a Glitch?

#34
Quote
Jan 2, 2019 6:02pm Jan 2, 2019 6:02pm

Talhazzz
| Joined Jan 2019 | Status: Trader | 3 Comments

Quoting swing77

Disliked

huppy margin call 2019 {image}

Ignored

Just got saved from 50$ equity otherwise 1000$ account was at risk

View Comment
Hidden for breach of Trader Code of Conduct

plymgary

#36
Quote
Jan 2, 2019 6:03pm Jan 2, 2019 6:03pm

andinurhasan
| Joined Oct 2017 | Status: Trader | 123 Comments

My godness the volality.. all the demand filled by buy limit top market maker from 108 to 105..

#37
Quote
Jan 2, 2019 6:04pm Jan 2, 2019 6:04pm

hkg_paul
Joined May 2011 | Status: Trader | 1070 Comments

Quoting andinurhasan

Disliked

My godness the volality.. all the demand filled by buy limit top market maker from 108 to 105..

Ignored

below 100, you mean

#38
Quote
Jan 2, 2019 6:05pm Jan 2, 2019 6:05pm

bond6627
| Joined Feb 2018 | Status: Trader | 17 Comments

Fuuuuk shttttt
rip who have a long on this pair

#39
Quote
Jan 2, 2019 6:06pm Jan 2, 2019 6:06pm

Yowser
| Joined Nov 2018 | Status: Trader | 7 Comments

Just following the fibs back up.

#40
Quote
Jan 2, 2019 6:08pm Jan 2, 2019 6:08pm

Jr123
| Joined Jun 2017 | Status: Trader | 403 Comments

Brokers are going to have some explaining to do. Mine shut down usd/jpy at 104 and didn't reopen until back at 107

#41
Quote
Jan 2, 2019 6:08pm Jan 2, 2019 6:08pm

swing77
Joined Oct 2015 | Status: Ltf market | 1510 Comments

HARVES TIME

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#42
Quote
Jan 2, 2019 6:08pm Jan 2, 2019 6:08pm

jsphshi
| Joined Feb 2015 | Status: Trader | 3 Comments

https://www.forexlive.com/news/!/three-things-caused-the-flash-crash-in-forex-market-20190102

#43
Quote
Jan 2, 2019 6:08pm Jan 2, 2019 6:08pm

Yowser
| Joined Nov 2018 | Status: Trader | 7 Comments

38 was it.

#44
Quote
Jan 2, 2019 6:09pm Jan 2, 2019 6:09pm

Coimbra
| Joined May 2018 | Status: Trader | 22 Comments

Crazy...

#45
Quote
Jan 2, 2019 6:09pm Jan 2, 2019 6:09pm

swing77
Joined Oct 2015 | Status: Ltf market | 1510 Comments

oh my broker you are got donnut again

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#46
Quote
Jan 2, 2019 6:11pm Jan 2, 2019 6:11pm

Aussi
Joined Sep 2013 | Status: Trader | 4105 Comments

just made a s..t load on aud gdp

people leave, but this thread will go on for ever

#47
Quote
Jan 2, 2019 6:12pm Jan 2, 2019 6:12pm

Woodhack67
| Joined Apr 2012 | Status: Trader | 6 Comments

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

#48
Quote
Jan 2, 2019 6:12pm Jan 2, 2019 6:12pm

Coimbra
| Joined May 2018 | Status: Trader | 22 Comments

USD/JPY dead...

#49
Quote
Jan 2, 2019 6:14pm Jan 2, 2019 6:14pm

andinurhasan
| Joined Oct 2017 | Status: Trader | 123 Comments

Quoting hkg_paul

Disliked

{quote} below 100, you mean

Ignored

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..

#50
Quote
Jan 2, 2019 6:15pm Jan 2, 2019 6:15pm

Trader#0D15
| Status: Unregistered Trader

Quoting icog

Disliked

The banks preparing for Brexit a 00:30, altogether? Not very likely. Lets see how the GC will open.

Ignored

Me too 😭

#51
Quote
Jan 2, 2019 6:21pm Jan 2, 2019 6:21pm

angelsterritory
| Joined Jun 2007 | Status: Trader | 1 Comment

Nothing's ever promised tomorrow. Use stop loss and trade tomorrow

#52
Quote
Jan 2, 2019 6:23pm Jan 2, 2019 6:23pm

Trader#E43D
| Status: Unregistered Trader

Two punctures cause this movement EUR\YPJ end AUD\JPY.

#53
Quote
Jan 2, 2019 6:24pm Jan 2, 2019 6:24pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Quoting Aussi

Disliked

just made a s..t load on aud gdp

Ignored

Happy for you my friend, Happy New Year!

Invest in alarm clocks

#54
Quote
Jan 2, 2019 6:27pm Jan 2, 2019 6:27pm

Trader#9927
| Status: Unregistered Trader

i lost my new year ferrari but cheers to EURUSD

#55
Quote
Jan 2, 2019 6:29pm Jan 2, 2019 6:29pm

ozzitrader
| Joined Mar 2015 | Status: Trader | 13 Comments

Anyone notice audnzd🤣

#56
Quote
Jan 2, 2019 6:29pm Jan 2, 2019 6:29pm

ozzitrader
| Joined Mar 2015 | Status: Trader | 13 Comments

Went below parity

#57
Quote
Jan 2, 2019 6:31pm Jan 2, 2019 6:31pm

mr.fibo
| Joined Aug 2009 | Status: FX trader | 6 Comments

Quoting plymgary

Hidden

Most JPY cross-pairs and even USDJPY have shown valid sell setups for days.

#58
Quote
Jan 2, 2019 6:32pm Jan 2, 2019 6:32pm

pphuong
| Joined Jul 2007 | Status: Trader | 1 Comment

Warning signs all over 2018 that a bear market is coming

#59
Quote
Jan 2, 2019 6:34pm Jan 2, 2019 6:34pm

althar
| Joined Apr 2011 | Status: Trader | 490 Comments

Quoting Aussi

Disliked

just made a s..t load on aud gdp

Ignored

Same here - a 2000 pips move

#60
Quote
Jan 2, 2019 6:35pm Jan 2, 2019 6:35pm

Fx-gtg
| Joined Dec 2011 | Status: Trader | 71 Comments

Back to old days BOJ intervention series. will last 18 months

#61
Quote
Jan 2, 2019 6:36pm Jan 2, 2019 6:36pm

Archaicsiman
Joined Mar 2016 | Status: Trader | 12 Comments

Market saying to us
"surprise m********a"

Newbie trader but full of surprises

#62
Quote
Jan 2, 2019 6:38pm Jan 2, 2019 6:38pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Attached Image (click to enlarge)

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Size: 51 KB

Invest in alarm clocks

#63
Quote
Jan 2, 2019 6:40pm Jan 2, 2019 6:40pm

dornachum203
| Joined Aug 2017 | Status: Trader | 1 Comment

Its just banks taking away stops and over-leverage accounts

#64
Quote
Jan 2, 2019 6:42pm Jan 2, 2019 6:42pm

tylerbose
Joined Oct 2011 | Status: don't trade like i do | 79 Comments

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

#65
Quote
Jan 2, 2019 6:47pm Jan 2, 2019 6:47pm

mark350
| Joined Aug 2018 | Status: Trader | 5 Comments

yen save haven

#66
Quote
Jan 2, 2019 6:48pm Jan 2, 2019 6:48pm

ForestX
Joined Feb 2018 | Status: Trader | 59 Comments

Quoting tylerbose

Disliked

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.

Ignored

Yeah bouncebacks are the safe way to get trader's lost money back to your balance

I make perfect trades. But terribly manage it

#67
Quote
Jan 2, 2019 6:48pm Jan 2, 2019 6:48pm

Tradingwithw
| Commercial User | Joined Mar 2017 | 76 Comments

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.

#68
Quote
Jan 2, 2019 6:50pm Jan 2, 2019 6:50pm

matthew89
| Joined Jun 2018 | Status: Trader | 6 Comments

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.

#69
Quote
Jan 2, 2019 6:50pm Jan 2, 2019 6:50pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

btw guys, fasten your seat-belts, this is the first gust of wind... the real storm is heading towards us

Invest in alarm clocks

#70
Quote
Jan 2, 2019 6:51pm Jan 2, 2019 6:51pm

ForestX
Joined Feb 2018 | Status: Trader | 59 Comments

Press F for those traders who got a margin call in January 2019 already

I make perfect trades. But terribly manage it

#71
Quote
Jan 2, 2019 6:56pm Jan 2, 2019 6:56pm

Tradingwithw
| Commercial User | Joined Mar 2017 | 76 Comments

Quoting ForestX

Disliked

Press F for those traders who got a margin call in January 2019 already

Ignored

lol. rip

F

#72
Quote
Jan 2, 2019 6:59pm Jan 2, 2019 6:59pm

icog
| Joined Dec 2018 | Status: Trader | 37 Comments

Quoting ForestX

Disliked

Press F for those traders who got a margin call in January 2019 already

Ignored

F1 you mean

#73
Quote
Jan 2, 2019 7:01pm Jan 2, 2019 7:01pm

Aussi
Joined Sep 2013 | Status: Trader | 4105 Comments

Quoting Tony112

Disliked

{quote} Happy for you my friend, Happy New Year!

Ignored

happy new year to you mate

people leave, but this thread will go on for ever

#74
Quote
Jan 2, 2019 7:03pm Jan 2, 2019 7:03pm

NotAtrader
Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments

White swan is around the corner 😂😂😂

Start with 1000$. Increase by 3% every day. After one year 2 213 314$

#75
Quote
Jan 2, 2019 7:04pm Jan 2, 2019 7:04pm

Foxikus
| Joined Jan 2013 | Status: Trader | 276 Comments

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

#76
Quote
Jan 2, 2019 7:10pm Jan 2, 2019 7:10pm

NeuromanceR
| Joined Jan 2013 | Status: Trader | 12 Comments

Wow. I just woke and thought there was a glitch with my trading platforms data...

#77
Quote
Jan 2, 2019 7:11pm Jan 2, 2019 7:11pm

Not-KPMG
Joined Jun 2015 | Status: Trader | 7592 Comments

Do we sell 107.6 to 105 or yes!!!!''

Beware of robber banks (RB), bad advisors.

#78
Quote
Jan 2, 2019 7:14pm Jan 2, 2019 7:14pm

Not-KPMG
Joined Jun 2015 | Status: Trader | 7592 Comments

Quoting matthew89

Disliked

Anyone have a solid explanation on what the fuck just happened?

Ignored

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

Disliked

btw guys, fasten your seat-belts, this is the first gust of wind... the real storm is heading towards us

Ignored

Down hard? 👎👎

Nasdaq.... Apple.
Only 8% red now.....Expect moooore.

Beware of robber banks (RB), bad advisors.

#79
Quote
Jan 2, 2019 7:18pm Jan 2, 2019 7:18pm

Not-KPMG
Joined Jun 2015 | Status: Trader | 7592 Comments

Quoting jsphshi

Disliked

Its not UK as cable is stable

Ignored

Stable

cable

LOL.

Anyways, sell UJ, buy EU?

Beware of robber banks (RB), bad advisors.

#80
Quote
Jan 2, 2019 7:40pm Jan 2, 2019 7:40pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

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

#81
Quote
Jan 2, 2019 7:47pm Jan 2, 2019 7:47pm

Huntpips
| Joined Sep 2011 | Status: Trader | 191 Comments

EURUSD was not affected by this sudden move.

#82
Quote
Jan 2, 2019 7:58pm Jan 2, 2019 7:58pm

NeuromanceR
| Joined Jan 2013 | Status: Trader | 12 Comments

China has a railgun now?!

Watch out everyone!

#83
Quote
Jan 2, 2019 8:23pm Jan 2, 2019 8:23pm

Bicarus
Joined Nov 2014 | Status: Yoda | 232 Comments

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

#84
Quote
Jan 2, 2019 8:27pm Jan 2, 2019 8:27pm

digit1288
| Joined Sep 2016 | Status: Trader | 278 Comments

3.4% drop and I haven't seen a single mention in any of the mainstream news outlets

#85
Quote
Jan 2, 2019 8:49pm Jan 2, 2019 8:49pm

Coimbra
| Joined May 2018 | Status: Trader | 22 Comments

Quoting digit1288

Disliked

3.4% drop and I haven't seen a single mention in any of the mainstream news outlets

Ignored

I believe it was some sort of " Stop Hunting "

#86
Quote
Jan 2, 2019 9:00pm Jan 2, 2019 9:00pm

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

Usdjpy dropped to as low as 99.89 with my broker 😳😳😳

#87
Quote
Jan 2, 2019 9:06pm Jan 2, 2019 9:06pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Quoting mamalujo

Disliked

Usdjpy dropped to as low as 99.89 with my broker 😳😳😳

Ignored

Are you serious???

Invest in alarm clocks

#88
Quote
Jan 2, 2019 9:11pm Jan 2, 2019 9:11pm

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

Quoting Tony112

Disliked

{quote} Are you serious???

Ignored

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

#89
Quote
Jan 2, 2019 9:13pm Jan 2, 2019 9:13pm

matthew89
| Joined Jun 2018 | Status: Trader | 6 Comments

Quoting mamalujo

Disliked

Usdjpy dropped to as low as 99.89 with my broker 😳😳😳

Ignored

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.

#90
Quote
Jan 2, 2019 9:14pm Jan 2, 2019 9:14pm

Botan626
Joined Sep 2016 | Status: --- | 73 Comments

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#91
Quote
Jan 2, 2019 9:17pm Jan 2, 2019 9:17pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

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Invest in alarm clocks

#92
Quote
Jan 2, 2019 9:18pm Jan 2, 2019 9:18pm

Botan626
Joined Sep 2016 | Status: --- | 73 Comments

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#93
Quote
Jan 2, 2019 9:18pm Jan 2, 2019 9:18pm

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

That’s a screenshot

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#94
Quote
Jan 2, 2019 9:20pm Jan 2, 2019 9:20pm

matthew89
| Joined Jun 2018 | Status: Trader | 6 Comments

Quoting mamalujo

Disliked

That’s a screenshot {image}

Ignored

Insane...

A fool learns from his mistakes. A wise man learns from the fools mistakes.

#95
Quote
Jan 2, 2019 9:28pm Jan 2, 2019 9:28pm

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

Absolutely insane

#96
Quote
Jan 2, 2019 9:31pm Jan 2, 2019 9:31pm

moisesfx7
Joined Aug 2012 | Status: Trader | 89 Comments

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?

#97
Quote
Jan 2, 2019 10:05pm Jan 2, 2019 10:05pm

tylerbose
Joined Oct 2011 | Status: don't trade like i do | 79 Comments

Quoting Tony112

Disliked

{image}

Ignored

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

#98
Quote
Jan 2, 2019 10:06pm Jan 2, 2019 10:06pm

XuMar
| Joined Feb 2015 | Status: Trader | 510 Comments

And the BOJ still sleeping with their QE lol

#99
Quote
Jan 2, 2019 10:39pm Jan 2, 2019 10:39pm

bel3ouchi
Joined Jul 2013 | Status: Trader | 208 Comments

109 to 1000

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4xbook Return This Year: 3.4%

#100
Quote
Jan 2, 2019 11:08pm Jan 2, 2019 11:08pm

imagindon
| Joined Apr 2017 | Status: Trader | 17 Comments

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 ....

#101
Quote
Jan 2, 2019 11:24pm Jan 2, 2019 11:24pm

o0ehsan0o
| Joined Apr 2011 | Status: Follow The Trend not Trader | 4 Comments

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😔

#102
Quote
Jan 2, 2019 11:26pm Jan 2, 2019 11:26pm

Thor33
| Joined Apr 2014 | Status: Back in BIZ | 106 Comments

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

#103
Quote
Jan 2, 2019 11:36pm Jan 2, 2019 11:36pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Quoting tylerbose

Disliked

{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.

Ignored

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

#104
Quote
Jan 2, 2019 11:51pm Jan 2, 2019 11:51pm

mindscream
| Membership Revoked | Joined Apr 2011 | 393 Comments

So who was using brokers with no negative balance protection?

#105
Quote
Jan 3, 2019 12:00am Jan 3, 2019 12:00am

Iro
| Joined Apr 2012 | Status: Trader | 343 Comments

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?

#106
Quote
Jan 3, 2019 12:28am Jan 3, 2019 12:28am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

Quoting o0ehsan0o

Disliked

fuck forex i go to crypto trading

Ignored

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

#107
Quote
Jan 3, 2019 12:42am Jan 3, 2019 12:42am

Iro
| Joined Apr 2012 | Status: Trader | 343 Comments

Quoting Tony112

Disliked

{quote} I had to come back cause this sentence kept swirling in my head... Are you sure this is your 2019 resolution? cryptos?

Ignored

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.

#108
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Jan 3, 2019 1:26am Jan 3, 2019 1:26am

Graviton
Joined Apr 2010 | Status: Trader | 30 Comments

Made a small fortune in 1 minute 15 seconds. Gotta love trading with the trend.

#109
Quote
Jan 3, 2019 1:35am Jan 3, 2019 1:35am

Jenx
Joined Dec 2013 | Status: Trader | 15 Comments

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.

#110
Quote
Jan 3, 2019 5:10am Jan 3, 2019 5:10am

Startup8580
Joined Aug 2013 | Status: Trader | 3 Comments

I have lost $67k in this crash

#111
Quote
Jan 3, 2019 5:13am Jan 3, 2019 5:13am

ozzitrader
| Joined Mar 2015 | Status: Trader | 13 Comments

Quoting Startup8580

Disliked

I have lost $67k in this crash

Ignored

Sorry to hear, did it blow past your stops?

#112
Quote
Jan 3, 2019 5:19am Jan 3, 2019 5:19am

ozzitrader
| Joined Mar 2015 | Status: Trader | 13 Comments

If i recall correctly, the pound flash crash in 2016 was also a Thursday 🤔

#113
Quote
Jan 3, 2019 5:28am Jan 3, 2019 5:28am

Startup8580
Joined Aug 2013 | Status: Trader | 3 Comments

Quoting ozzitrader

Disliked

{quote} Sorry to hear, did it blow past your stops?

Ignored

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$.

#114
Quote
Jan 3, 2019 5:28am Jan 3, 2019 5:28am

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

Quoting Startup8580

Disliked

I have lost $67k in this crash

Ignored

Sorry to hear this

#115
Quote
Jan 3, 2019 5:30am Jan 3, 2019 5:30am

mindscream
| Membership Revoked | Joined Apr 2011 | 393 Comments

Quoting Startup8580

Disliked

I have lost $67k in this crash

Ignored

That sucks, man!

#116
Quote
Jan 3, 2019 5:30am Jan 3, 2019 5:30am

Jenx
Joined Dec 2013 | Status: Trader | 15 Comments

Quoting Startup8580

Disliked

I have lost $67k in this crash

Ignored

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.

#117
Quote
Jan 3, 2019 5:33am Jan 3, 2019 5:33am

ozzitrader
| Joined Mar 2015 | Status: Trader | 13 Comments

Quoting Startup8580

Disliked

{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$.

Ignored

😢, 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

#118
Quote
Jan 3, 2019 6:36am Jan 3, 2019 6:36am

Sidric
| Joined Jan 2014 | Status: Trader | 3 Comments

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.

#119
Quote
Jan 3, 2019 7:38am Jan 3, 2019 7:38am

Iro
| Joined Apr 2012 | Status: Trader | 343 Comments

Quoting Sidric

Disliked

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.

Ignored

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%".

#120
Quote
Jan 3, 2019 8:05am Jan 3, 2019 8:05am

mamalujo
| Joined Aug 2012 | Status: Trader | 61 Comments

Quoting Iro

Disliked

{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%"....

Ignored

Or better yet, have several accounts with the same broker, this solves the problem too?

#121
Quote
Jan 3, 2019 9:14am Jan 3, 2019 9:14am

Iro
| Joined Apr 2012 | Status: Trader | 343 Comments

Quoting mamalujo

Disliked

{quote} Or better yet, have several accounts with the same broker, this solves the problem too?

Ignored

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.

#122
Quote
Jan 3, 2019 3:20pm Jan 3, 2019 3:20pm

Trader#F95A
| Status: Unregistered Trader

Quoting Iro

Disliked

{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...

Ignored

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?

#123
Quote
Jan 3, 2019 3:58pm Jan 3, 2019 3:58pm

Trivion
| Joined Aug 2018 | Status: Trader | 80 Comments

A bad way to start the year. What a s**tshow.

#124
Quote
May 19, 2019 11:06pm May 19, 2019 11:06pm

exofabulous
| Joined Sep 2015 | Status: Trader | 54 Comments

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.

Story Stats

Posted: Jan 2, 2019 5:42pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 124 / Views: 57,859

USD/JPY slides 3.4%, most since Nov. 2016, to 105.18

Multiple FX Pairs Suddenly Flash Crashing