Menu
Sister Sites

  • FX flash crashes

    From @Macroandchill

    [tweet=1236831874372325381;1583718672]FX flash crashes[/tweet]

Added at 9:58pm
Added at 9:58pm
Added at 10:06pm
Fuckk
I'm holding nzdchf
Now make 10R unbelievable
recession has arrived in asia
Thanks captain obvious
holy fk
  •  Guest
  • | IP XX.XXX.46.41
Wtf is going on ?
Quoting bazza5335
recession has arrived in asia
Will fear corona virus + credit default trigger Aussie rescission ??
Vantage and FXCM brokers are trading currencies but not the SP500, I was trading that until 10 minutes ago and it froze, I closed out my short but cannot get a quote now.
  •  Guest
  • | IP XX.XXX.140.109
The yen will again be 80-100 per dollar!
The flash crash was inevitable thank God I opened that short on AUD/USD and USD/JPY last week. Pips galore off this volatility let's make money. Don't panic just follow the moves.
  •  Guest
  • | IP XX.XXX.13.244
Quoting Momofrmnyc
The flash crash was inevitable thank God I opened that short on AUD/USD and USD/JPY last week. Pips galore off this volatility let's make money. Don't panic just follow the moves.
Why was this Inevitable??
  •  Guest
  • | IP XXX.XX.215.81
WTF just happened? what news came out?
Quoting Guest
{quote} Why was this Inevitable??
The OPEC disagreement was the last straw on the camel back to me in my opinion. Once that fell it caused the oil market to sputter and lose control and all markets had to get the reverb. Let's be honest we have been getting signs for a while we have just been ignoring it. Even last week selling should've been a hint that it could still go lower. Always follow the bigger trend at hand it was dovish and it made sense to stay on the dovish path and just go to safe haven assets.
Margin call great again
Think big for big thing
SNB intervention coming in 3...2...1...
Quoting Tony112
SNB intervention coming in 3...2...1...

Futures on the S&P 500 were halted Sunday night after they declined 5%.
  •  Guest
  • | IP XXX.XXX.23.177
This has been the most colossal overreaction by morons I have ever seen. The coronavirus is not a pandemic. Look up examples of pandemics and compare this outbreak to those from history. It amazes me how stupid people behave. Because of this faux panic from the virus the Saudis decided to open the spigots after the stupid Russians didn’t play ball concerning production cuts exacerbating the situation. History is going to look back at this as the most ridiculous moment in the global markets.
  •  Guest
  • | IP XXX.XX.27.109
The rally for the past 10 years will be looked at as the most ludicrous moment in global markets
wtf is going on!!
my account has just blown up
Quoting Guest
This has been the most colossal overreaction by morons I have ever seen. The coronavirus is not a pandemic. Look up examples of pandemics and compare this outbreak to those from history. It amazes me how stupid people behave. Because of this faux panic from the virus the Saudis decided to open the spigots after the stupid Russians didn’t play ball concerning production cuts exacerbating the situation. History is going to look back at this as the most ridiculous moment in the global markets.
Because people have become very stupid. They are the dumbest generation its a disgrace to man kind
Scary market
it seems like I'm reading posts from 2008 the last time everybody was stupid for selling while the economy was booming and everybody were for central banks intervention and bailouts
Quoting DMA Trader
it seems like I'm reading posts from 2008 the last time everybody was stupid for selling while the economy was booming and everybody were for central banks intervention and bailouts
Im not praying for nothing because i breathed markets for 30 yrs and no to hold my shares while invested in correct companies...what is stupid is that millions will lose jobs globally over a ghost that isnt real
  • Post #25
  • Quote
  • Edited at 11:22pm Mar 8, 2020 10:54pm | Edited at 11:22pm
It's ok we knew the big money had to wipe down the markets enough for us to get a better position. Too many positions where it was like 80/20 big money had to clear that.
Dow is back up and running, S & P still seems frozen
Euraud moved went bullish by over 1000 pips within an hour.
Look at AUDUSD.
S&P Not frozen right now but chart data on TradeStation still looks like Friday's close, with no data update. While SPX CFD on MT4 chart shows the current price of 2820, same as the futures price.

meanwhile as Oil crashed so did all CAD pairs.
Quoting khaled2x
wtf is going on!! my account has just blown up
Sorry to hear man. But it sounds like you were over-leveraged and fighting the trend?
Banks just entered positions. Don't be surprised by an opposite move for all of 2020.
  •  Guest
  • | IP XX.XXX.31.112
Sorry to all who lost.
Quoting OnlineAddict
Banks just entered positions. Don't be surprised by an opposite move for all of 2020.
It might not be that simple. I think they may have pushed too far this time.
  •  Guest
  • | IP XX.XXX.221.198
whats happening with nasdaq right now
I’m wondering howLondon and NY gonna open. Most likely more than 4% negative DJ.
Quoting YYZ
Did anyone else saw same crash on AUDUSD and NZDUSD, 300 pips? {image}
So many retail traders got screwed over. Very sad!
Quoting here2there
{quote} It might not be that simple. I think they may have pushed too far this time.
Agreed. Korea announced a threat and said they noticed the manipulation taking advantage of crashing the currencies...pure scam here
Market
The market is thin and one just has to look at the positions, how retail is positioned...they know the how and when, when to do it...This was and Is done by Design....don't fool yourself...
Quoting Tony112
SNB intervention coming in 3...2...1...
Not yet..I'll rather wait until Dollar is in a bullish trend in the 4 hour chart before buying any dollar pair..for now I'll keep selling usdchf or better still stand aside...'the trend is your friend'
Quoting liberty458
The market is thin and one just has to look at the positions, how retail is positioned...they know the how and when, when to do it...This was and Is done by Design....don't fool yourself...
Agreed, nice sweep of stops protecting those short setups. Dollar could yet see further decline. USD is selling off... not Euro doing well... effect and retail stops
relax, it's just markets behaving like markets
Just when you think there is relief, USD continues to crash further. The US economy will likely be in a recession before summer if this keeps up.
I strongly believe Trump will act very strong. He is not stupid, he knows economy is his ticket for re-election. And FED has lots of power and weighs when it comes to monetary policies.
Quoting umbrella man
I strongly believe Trump will act very strong. He is not stupid, he knows economy is his ticket for re-election. And FED has lots of power and weighs when it comes to monetary policies.
I really don't think he can do a thing about it. This mess is too big. USD is crashing. We all knew a crash was coming. And now it looks like it is here. I don't think anything can stop this train wreck.
  •  Guest
  • | IP XXX.XXX.39.174
When the S&P goes limit down all sorts of weird stuff happens due to uncoupled arbitrage systems and inability to hedge.

Good time to spectate.
  •  Guest
  • | IP XXX.XXX.44.255
USD might be falling now but pls take note that market is like a sine wave, it will reset itself when it is overheated, hence I think this is normal. I am a retail trader and I trade only micro lot, i am buy USD/CHF for the time being, in fact today is my best day in my one year of trading. Cheer up, the market will turn soon. Good Luck
Well we are in deep dodo, the Dow Jones has been suspended again for the last two hours As is S&P, and don,t you just love it when all the greedy brokers crank up the margins to triple the normal , just to profit out of the retail traders, and Trumpy bumpy cannot pull the US out of this one
Quoting aquavox
Well we are in deep dodo, the Dow Jones has been suspended again for the last two hours As is S&P, and don,t you just love it when all the greedy brokers crank up the margins to triple the normal , just to profit out of the retail traders, and Trumpy bumpy cannot pull the US out of this one
They are right to stop that fall. A lot of savers, pension funds and all are at stakes. Its their hard earned money.
You don't want/need to see that
Quoting kuroro001
{quote} They are right to stop that fall. A lot of savers, pension funds and all are at stakes. Its their hard earned money. You don't want/need to see that
You right, why stress out during drop, better get heart attack in one big gap
I'm thinking how many of traders have been broken by these fluctuations. wish patience to them. I'm 6k in the loss for having long position (Dow). but i will still keep it to 31k
Quoting sadeghi
I'm thinking how many of traders have been broken by these fluctuations. wish patience to them. I'm 6k in the loss for having long position (Dow). but i will still keep it to 31k
Long term equities is the best option.
And you'll get dividends
Quoting kuroro001
{quote} They are right to stop that fall. A lot of savers, pension funds and all are at stakes. Its their hard earned money. You don't want/need to see that
But the problem has been since 2008 that “they have been stopping the fall artificially ” that’s 12 years of helicopter printed money that has only gone into inflating the value of the share market because that was the only asset Where inflated profits could be made from, the bubble had to burst and Covid-19 was the black swan that did it, you and I are also hard earners, I cannot say the same for the banisters and the hedge fund gangsters
Banksters!
Quoting sadeghi
I'm thinking how many of traders have been broken by these fluctuations. wish patience to them. I'm 6k in the loss for having long position (Dow). but i will still keep it to 31k
Hedging is a very good option during these times of huge volatility, until things settle down, I have tripled my equity in the last two weeks with a well timed hedge, so it does work :-)
This is not rocket science...this looks to me like an Coordinated effort by the CB's but Coordinated.. as Japan the the receiver...they are the only ones to have the cloud to pull these things off, but it has to be coordinated...their are no coincidences.... and this was not one...they knew exactly all the positions that where out there...
Quoting Devas1
{quote} Im not praying for nothing because i breathed markets for 30 yrs and no to hold my shares while invested in correct companies...what is stupid is that millions will lose jobs globally over a ghost that isnt real
no need buddy - respect your trading system, respect money management rules. reduce leverage and you will be fine. and to get everyone on my head now. you have historic levels of employment. as employees get professional. businesses needs to hire every one because of the expanding economy, even the ones who doesn't deserve a job.

and if you invested "correct" in your companies - what's the big deal they drop you buy more right ? that's investing. buying companies even if stock market closed for 10 years right ? than nothing to worry about

you had 10 years of growth. you can't be out in the streets if you played wise. after 2 weeks of downtrend.

and all the wining here. for what ? can't make money without FED ? Are we talking about traders ? or is it socialism ?
Black Swan again?
Quoting 9jatrader
Black Swan again?
https://www.investopedia.com/terms/b/blackswan.asp
Quoting kuroro001
{quote} They are right to stop that fall. A lot of savers, pension funds and all are at stakes. Its their hard earned money. You don't want/need to see that

That's the thing people only see the big guys profiting but also forget a lot of hard working people money are tied into the markets as well. They don't deserve to get shafted.
Quoting Momofrmnyc
{quote} That's the thing people only see the big guys profiting but also forget a lot of hard working people money are tied into the markets as well. They don't deserve to get shafted.
if they don't deserve to take the falls then they don't deserve the wins either! can't have one without the other...

quazi-captailism is half the issue - save this, but on no, don't save that! it's so fruity.
so are you prepared for another crash or back to leverage and accounts blown in the next days ?
  •  Guest
  • | IP XX.XXX.247.88
Join FF
  • Story Stats
  • Posted: Mar 8, 2020 9:53pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 62  /  Views: 22,509