Japanese Election on calendar | Forex Factory

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Japanese Election on calendar

  • #1
  • First Post: Oct 14, 2009 5:25pm Oct 14, 2009 5:25pm
Hi:

Could someone tell me why Japan's August Election
was not included in Forex Factory's Calendar of News
Events?

Thanks
  • #2
  • Oct 14, 2009 6:10pm Oct 14, 2009 6:10pm
Why wasn't Talk like a priate day listed too? It was on September 19th.
  • #3
  • Oct 14, 2009 6:38pm Oct 14, 2009 6:38pm
Quoting philmcgrew
Why wasn't Talk like a priate day listed too? It was on September 19th.
And it soooo should have been! Japanese elections... meh, not as important.. Has this really been bothering you THAT much?
  • #4
  • Oct 14, 2009 7:01pm Oct 14, 2009 7:01pm
Quoting summerplace
Hi:

Could someone tell me why Japan's August Election
was not included in Forex Factory's Calendar of News
Events?

Thanks
You might want to contact FF about it.

http://www.forexfactory.com/sendmessage.php

But before that, give some thought to the real issue. Do you really need an explanation for why it wasn't there this time? Or is it that you think it should be there next time? I bet if you can show them it's a market mover, they'll be glad to add it to their list in the future.

  • #5
  • Oct 15, 2009 4:28pm Oct 15, 2009 4:28pm
Quoting summerplace
Pipscruiser:

The Japanese election caused a violent drop and reversal
of JPY pairs over 3000 pips seconds after the release of the
election results. Oanda, one of the largest brokers, was sent
scrambling as accounts were wiped out and others grossly
inflated. My account was one that had been wiped out.
Thankfully Oanda cleared up the problem accounts.

Surely an event worthy of mention on the forexfactory calendar.

Thank you for your reply.

summerplace
Please correct me if I'm wrong, but the election you are referring to took place at the end of August? I can not find any 3000 pip movement around this time. Could you please elucidate.
  • #6
  • Oct 15, 2009 4:30pm Oct 15, 2009 4:30pm
Quoting summerplace
Pipscruiser:

3000 pips seconds after the release of the
election results
Dude!
  • #7
  • Oct 15, 2009 4:32pm Oct 15, 2009 4:32pm
Quoting philmcgrew
Dude!
I would have to say double or triple dude.
  • #8
  • Oct 15, 2009 5:26pm Oct 15, 2009 5:26pm
I don't mean to patronise you but you've got to take responsibility for your own decisions. It's not FF's fault that you weren't abreast of the events that effected your trade. And it begs the question; where on earth was your stop loss?
  • #9
  • Oct 15, 2009 5:33pm Oct 15, 2009 5:33pm
Quoting birdt
I don't mean to patronise you but you've got to take responsibility for your own decisions. It's not FF's fault that you weren't abreast of the events that effected your trade. And it begs the question; where on earth was your stop loss?
birdt:

I am thankful to forex factory for this very fine forum and its
calendar. To place an important event like the Japanese
election on its calendar is a worthwhile suggestion.

As for taking responsibility for my decisions, well I am
successfully trading my own trading system - very much
a person who takes responsibility.

kind regards,
  • #10
  • Oct 15, 2009 5:54pm Oct 15, 2009 5:54pm
Quoting summerplace
Hi:

Yes I guess I am such a big dude that I do not recall
going into a panic when I saw the 3000 pip drop on
my 5 minute Aud/Jpy chart Aug 30 and having my
account wiped out .....?
I would feel bad for you if you remotely had a clue what a pip was. The AUDJPY hardly moved before or after the election. If Oanda refunded you then there was a data error and you should take it up with them. Crying about it here on FF won't help you much but it is entertaining.
  • #11
  • Oct 15, 2009 6:06pm Oct 15, 2009 6:06pm
Quoting summerplace
Pipscruiser:

The Japanese election caused a violent drop and reversal
of JPY pairs over 3000 pips seconds after the release of the
election results. Oanda, one of the largest brokers, was sent
scrambling as accounts were wiped out and others grossly
inflated. My account was one that had been wiped out.
Thankfully Oanda cleared up the problem accounts.

Surely an event worthy of mention on the forexfactory calendar.

Thank you for your reply.

summerplace
Everything seems to point toward an Oanda data problem . . . some sort of spike on their end. But you are probably right that the elections should be listed on the calendar from now on. Hopefully that will be taken care of.
  • #12
  • Oct 15, 2009 6:08pm Oct 15, 2009 6:08pm
Quoting summerplace
Hi:

Yes I guess I am such a big dude that I do not recall
going into a panic when I saw the 3000 pip drop on
my 5 minute Aud/Jpy chart Aug 30 and having my
account wiped out .....?

and waiting for Oanda to fix it. ... that is another
dude thing I guess.

Unfortunately, I did not save the graph but believe me
it was very much there and my zero balance was also.

Possibly one of you "smarter than dudes" would like to check with Oanda as to what happened....
Let's get one thing straight. There was NO 3000 pip move on any currency pair just after the Japanese election. If such a move was observed by you, then it was an error in the data feed , as has already being pointed out, and your broker would make the correct amendments. You are either taking the piss, or too stupid to be trading.
  • #13
  • Oct 15, 2009 6:15pm Oct 15, 2009 6:15pm
Quoting thegreatmilenko
let's get one thing straight. There was no 3000 pip move on any currency pair just after the japanese election. If such a move was observed by you, then it was an error in the data feed , as has already being pointed out, and your broker would make the correct amendments. You are either taking the piss, or too stupid to be trading.
christ!! The usd/cad has just dropped 7 billion pis in 1 second and wiped out my entire account!!! Oh... Hang on ... I had a stop in place , so i've only lost 1/2 a % of my equity. Phew!!
  • #14
  • Oct 15, 2009 6:18pm Oct 15, 2009 6:18pm
Quoting thegreatmilenko
christ!! The usd/cad has just dropped 7 billion pis in 1 second and wiped out my entire account!!! Oh... Hang on ... I had a stop in place , so i've only lost 1/2 a % of my equity. Phew!!
that's pips, not pis. Had a bit of slippage though mind!!
  • #15
  • Oct 15, 2009 7:04pm Oct 15, 2009 7:04pm
Quoting philmcgrew
Why wasn't Talk like a priate day listed too? It was on September 19th.
I missed opening day of trout season back in April because it wasn't listed.

Seriously the huge move was indigenous to Oanda only and it happened on all the Japanese pairs due to a bad data feed. It was being discussed here and on the Oanda site forum, while the accounts were in chaos. Of course FF didn't list the upcoming bad data feed either.
  • #16
  • Oct 15, 2009 7:25pm Oct 15, 2009 7:25pm
What - I missed national talk like a pirate day? - - FF has got to step it up and start listing these important dates - arrr
In trading, there is no bullshit. You either make money or you don't.
  • #17
  • Oct 15, 2009 11:34pm Oct 15, 2009 11:34pm
It has nothing to do with elections, Oanda rep. told that was a wrong pricing by a feeding bank, it can happen any day and they had to correct it.
The only way to get smarter is by playing a smarter opponent.
  • #18
  • Oct 16, 2009 1:51am Oct 16, 2009 1:51am
Quoting Pips_Cruiser
Everything seems to point toward an Oanda data problem . . . some sort of spike on their end. But you are probably right that the elections should be listed on the calendar from now on. Hopefully that will be taken care of.
PipsCruiser:

Yes Oanda did have a data feed problem. Thank you for
your balanced thoughtful reply.

kind regards
  • #19
  • Last Post: Oct 16, 2009 2:09am Oct 16, 2009 2:09am
Quoting summerplace

As for taking responsibility for my decisions, well I am
successfully trading my own trading system - very much
a person who takes responsibility.
I don't know about anyone else, but stuff like this cracks me up. This place can be very entertaining.
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