what happened with cpi and stop loss?

hi all. i started with oanda with 1.5k~ and pretty much made profits nonstop all the way up to 3k or so. pretty confindant and perhaps foolishly unsatified with oanda's 50:1 leverage, i went to fxsol to use their 400:1 margin. i estimated that the cpi would be lower than normal and made a short before release on the euro/usd accordingly. the cpi was lower than expected as i expected, but instead of spiking down as i expected it spiked up. also, the stop loss i set at 400 didn't seem to work since i lost like half my account. i can figure out why the stop loss didn't work but i'm wondering if the market really couldn't fill a 800kish order(2k at 400 leverage). i thought people would be playing with bigger numbers and mine was small in comparison.

for the other one, why did the euro/usd spike up when the cpi was lower than expected? i figured that lower cpi would be a good thing. did the euro/usd spike up because people wanted bad news so the feds would raise intrest rates? or was the 0 change bad because people perfered a .2 to .4 rise because it was better for the economy or something?

nvm, i found out about the cpi thing. anyone know about the stop loss?

In futures and maybe in currencies (don't know) trading around news releases when there is violent movement of prices, they refer to it as a "fast market".This allows the brokers to step away momentarily from honoring their commitiment to provide liquidity. It only makes sense. Why buy or sell from a trader when you know the move, whichever way, has still more to go.

When price drops suddenly it is easy to get long, question is where will your fill be? Try selling and there is no one there. Same in reverse when price starts to suddenly go higher.

My motto "No news is - good to trade"

Been there, done that. :surprised

I debated for quite a while last night before killing my short trade I had running.

I had set my stop at 1.3196 (which is the first dotted pivot line above the main BLACK one). This was well clear of a really good confluence point.
The 200EMA, Daily Pivot and a %50 retracement line were all in the same spot.

When news false spikes like that , it usually stops at an area like this. And why not? ...Many stops and entry orders sit in these areas.

I don't have enough experience to be confident with this type of trade yet and just decided to kill my current one to save any stress, but I can also see this being a good entry point in the future. (top of the spike)

Incidently I'd be up of 50 pips if I'd held my original trade! ....but there is always next week. ...And besides... I should have been in earlier to start with! That would have given me a tighter stop. It would have had some profit taken off the table as well before the news even caame about.