FX flash crashes

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.

Mar 9, 2020 4:43am

Quoting kuroro001

Disliked

{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

Ignored

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

kuroro001

Mar 9, 2020 3:52am

Quoting aquavox

Disliked

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

Ignored

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

OnlineAddict

Mar 8, 2020 10:59pm

Banks just entered positions. Don't be surprised by an opposite move for all of 2020.

Trader#3A07

Mar 8, 2020 9:31pm

The rally for the past 10 years will be looked at as the most ludicrous moment in global markets

Tony112

Mar 8, 2020 9:15pm

SNB intervention coming in 3...2...1...

here2there

Mar 9, 2020 2:59am

Quoting umbrella man

Disliked

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.

Ignored

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.

khaled2x

Mar 8, 2020 9:32pm

wtf is going on!!
my account has just blown up

here2there

Mar 8, 2020 11:21pm

Quoting OnlineAddict

Disliked

Banks just entered positions. Don't be surprised by an opposite move for all of 2020.

Ignored

It might not be that simple. I think they may have pushed too far this time.

Mar 8, 2020 9:21pm

Quoting Tony112

Disliked

SNB intervention coming in 3...2...1...

Ignored

Mar 8, 2020 9:43pm

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

Mar 8, 2020 9:08pm

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.

Trader#212D

Mar 8, 2020 11:13pm

Sorry to all who lost.

here2there

Mar 8, 2020 11:35pm

Quoting YYZ

Disliked

Did anyone else saw same crash on AUDUSD and NZDUSD, 300 pips? {image}

Ignored

So many retail traders got screwed over. Very sad!

kuroro001

Mar 9, 2020 4:27am

Quoting sadeghi

Disliked

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

Ignored

Long term equities is the best option.
And you'll get dividends

Mar 9, 2020 6:41am

Quoting Devas1

Disliked

{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

Ignored

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 ?

buttons

Mar 9, 2020 1:48am

Quoting liberty458

Disliked

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...

Ignored

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

JackJones

Mar 9, 2020 8:34am

Quoting Momofrmnyc

Disliked

{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.

Ignored

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.

umbrella man

Mar 8, 2020 11:32pm

I’m wondering howLondon and NY gonna open. Most likely more than 4% negative DJ.

Mar 9, 2020 3:43am

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

Mar 9, 2020 4:47am

Quoting sadeghi

Disliked

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

Ignored

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 :-)

Mar 8, 2020 9:14pm

Quoting Guest

Disliked

{quote} Why was this Inevitable??

Ignored

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.

Mar 8, 2020 9:54pm — Edited

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.

Mar 9, 2020 7:56am

Quoting kuroro001

Disliked

{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

Ignored

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.

liberty458

Mar 9, 2020 5:56am

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...

ohakaba

Mar 9, 2020 1:36am

Quoting Tony112

Disliked

SNB intervention coming in 3...2...1...

Ignored

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'

Mar 9, 2020 12:29am

Market

Mar 9, 2020 2:35am

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.

9jatrader

Mar 9, 2020 6:59am

Black Swan again?

9jatrader

Mar 9, 2020 7:05am

Quoting 9jatrader

Disliked

Black Swan again?

Ignored

https://www.investopedia.com/terms/b/blackswan.asp

swing77

Mar 8, 2020 9:15pm

Margin call great again

swing77

Mar 8, 2020 9:15pm

Think big for big thing

Mar 11, 2020 8:08am

so are you prepared for another crash or back to leverage and accounts blown in the next days ?

Mar 8, 2020 8:58pm

holy fk

Mar 8, 2020 8:54pm

Fuckk
I'm holding nzdchf
Now make 10R unbelievable

HengkiTjen

Mar 8, 2020 9:03pm

Quoting bazza5335

Disliked

recession has arrived in asia

Ignored

Will fear corona virus + credit default trigger Aussie rescission ??

sadeghi

Mar 9, 2020 4:13am

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

umbrella man

Mar 9, 2020 2:49am

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.

Mar 8, 2020 10:10pm

Dow is back up and running, S & P still seems frozen

Mar 9, 2020 4:44am

Banksters!

Mar 9, 2020 12:30am

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...

lcy723

Mar 8, 2020 8:58pm

Thanks captain obvious

kminler

Mar 8, 2020 9:06pm

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.

Mar 8, 2020 9:40pm

Scary market

Mar 8, 2020 10:27pm

Look at AUDUSD.

Mar 8, 2020 9:25pm

Futures on the S&P 500 were halted Sunday night after they declined 5%.

Trader#B71F

Mar 8, 2020 9:07pm

The yen will again be 80-100 per dollar!

Devas1

Mar 8, 2020 9:37pm

Quoting Guest

Disliked

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.

Ignored

Because people have become very stupid. They are the dumbest generation its a disgrace to man kind

Devas1

Mar 8, 2020 9:48pm

Quoting DMA Trader

Disliked

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

Ignored

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

Micc23

Mar 8, 2020 10:31pm

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.

Devas1

Mar 9, 2020 12:09am

Quoting here2there

Disliked

{quote} It might not be that simple. I think they may have pushed too far this time.

Ignored

Agreed. Korea announced a threat and said they noticed the manipulation taking advantage of crashing the currencies...pure scam here

Mr.Kebab

Mar 9, 2020 4:08am

Quoting kuroro001

Disliked

{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

Ignored

You right, why stress out during drop, better get heart attack in one big gap

Chrisossyfx

Mar 8, 2020 10:15pm

Euraud moved went bullish by over 1000 pips within an hour.

bazza5335

Mar 8, 2020 8:55pm

recession has arrived in asia

Trader#73BF

Mar 8, 2020 9:09pm

Quoting Momofrmnyc

Disliked

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.

Ignored

Why was this Inevitable??

smarttrender

Mar 8, 2020 10:53pm

Quoting khaled2x

Disliked

wtf is going on!! my account has just blown up

Ignored

Sorry to hear man. But it sounds like you were over-leveraged and fighting the trend?

tomiko17

Mar 9, 2020 1:54am

relax, it's just markets behaving like markets

Trader#B16D

Mar 9, 2020 3:41am

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

Trader#30C5

Mar 8, 2020 9:00pm

Wtf is going on ?

Trader#3589

Mar 8, 2020 9:12pm

WTF just happened? what news came out?

Trader#DA89

Mar 8, 2020 11:25pm

whats happening with nasdaq right now

Trader#48B7

Mar 9, 2020 3:32am