EURUSD

anybody know where i can get a live tic chart of the dow ?

Sunday/Monday is going to be one hell of a gap <3

cgi but only use them for charting not for trading.

to the downside I hope

www.netdania.com

Nice done while busy here in office. Most shorts tp at 1.2611 OK but by mistake I see 2 not tp yet as tp not there & and I am seeing some good profit fluctuation at a distance . Now understand what is happening , anyway it can be good if new low of the week be made & so not closing , sl already profit level much earlier though.

fontu

Right... No more Euros and no More Dollars, Only Gold, Guns,

SEX and Rock & Roll

Have you found a name or anything on who actually did it? I've yet to find any actual proof that it was an accident... Other than the media, and no I do not believe them.

You have any names or a company that was responsible? I don't believe it was really a "fat" finger.

This is heavy sh*t man!!

thanks guys

[quote=Orbital;3707760]Sunday/Monday is going to be one hell of a gap <3[/QUO

Which way

Did you find names of those Who placed enormous amounts of puts

on Airlines which planes involved in 9/11 attacks, just a day before it

happens?

Short 2648 , 10 pip stoploss

Too true! I can't leave home without a safety net.

I lose brain cells every time I read your comments, and I don't have that many to lose so please stop posting unless you have something of value.

Don't you know that these type of transactions are easily traceable yet they've produced no evidence?

taking 1.2666 rather 89 for the bear continuation next but may back 27 first before go up.
fontu

Jesus thought id get stopped out there for a second oO

here ya go......http://www.forexlive.com/105087/all/i-love-a-good-rumor

thanks man was going for 52 but considering 61 now as it has (how does acumen call it) "confluence" rejection of the pivot
So we see the big move happened already and maybe we really go up in some respect I should just leave it and send a hate email to my bucket shop.

ay 6, 2010 – The day that will change market structureToday’s action left us amazed, and we have been warning about this stuff since December 2008. Where do we even start? Yesterday afternoon and evening all the business programming focused on how the markets were in turmoil, and Greece this, and overdue correction that, and fat finger the other thing. They couldn’t even recognize the story, as even the business media doesn’t understand that the markets are a changed structure and beast. The story is not a key-punch error. The story is a failed market structure. The market failed today.
The market melted down and “liquidity providers” quickly pulled all bids. According to today’s Wall Street Journal, high frequency firm, Tradebot, closed down its computer systems completely, as did New Jersey’s own Tradeworx, who was so critical of our silly market structure comments in their SEC comment letter. By the way, if you don’t know who or what Tradebot is, it is the proprietary trading engine that used to be part of the BATS exchange. In fact the reason BATS was rolled out as an exchange to begin with was to lower costs and facilitate trades for Tradebot (Tradebot’s 1251 NW Briarcliff Pkwy Kansas City address is next door to BATS’s North Mulberry Drive address fyi). In the WSJ article Mr. Cummings said his Tradebot system was designed to stop trading when the market becomes too volatile, because he “doesn’t want to compound the problem.” Too bad he doesn’t understand that that was and is the problem. To make matters worse, while some high frequency firms shut down yesterday and pulled their bids, as we warned they would do for over a year and a half, other high frequency firms turned from being liquidity providers to liquidity demanders, as they turned around and indiscriminately hit bids like Randolph and Mortimer Duke.
We are just plain outraged, and think every investor and market participant in the USA should share this outrage. They were sold a lie. How many times over the last year have we all heard that HFT liquidity was a blessing that lowered costs and helped investors, and that it would be there in stressful markets just like the market makers and specialists they replaced were there? How many times have you read in the big media that HFT helped the markets perform brilliantly during the global meltdown in 2008 and 2009? We said it before and we say it now. Lies.
Not so long ago, if our markets experienced severe stress, and certainly a "fat finger", human wisdom would intervene. Reasons for the stress would be ascertained, trading in affected stocks would be slowed or halted, stabilizing bids would be initiated as needed, and severe volatility would be dealt with in a calm and reasoned manner. Today, the human specialist model has been replaced by an automated market maker model. Our market structure has evolved. It has evolved, not by design,?or a well-thought and reasoned plan, but it has evolved to cater to masters of expensive technology, deployed unfettered by participants whose only concern is to squeeze out every last picosecond and fractional cent before they move on to other countries’ markets and asset classes. The for-profit exchange model at every chance sacrifices the protection of long term investor interests for the profitability of serving hyper-leveraged intraday speculators. By the way FLASH orders are still utilized at Direct Edge, but that is here nor there.
Today's price swings in a great number of stocks highlight the inherent and systemic risk of our automated stock market, which has few checks and balances in place. Once the market sensed stress, the bids were cancelled and market sell orders chased prices down to the lowest possible point. Investors who thought they were protecting themselves with the prudent use of stop orders were left with fills that were far away from the closing price. In some stocks like our SAM example above, this was $0.01. We warned of the potential for HFT to behave this way when we met with and showed our regulators the NY Fed study that highlighted HFT's vanishing act around stressful news announcements in the currency markets.
We read this in a recent comment letter to the SEC about HFT and couldn't agree more: "When markets are in equilibrium these new participants increase available liquidity and tighten spreads. When markets face liquidity demands these new participants increase spreads and price volatility and savage investor confidence."
The EXCHANGES’s response late yesterday was to cancel trades that moved by more than 60%. Yes 60%. SO if you bought a stock at $21, put in a stop-loss market order at $20 (expecting to get filled in a market decline of somewhere less than but close to $20), and got filled at $10 (yes this happened and worse), your trade stands! And if you bought this same company’s stock (that fell from $20 to $3 before closing back at $18) at $3 and sold it at $14 thinking you made a big profit, your buy is cancelled, you are short stock at $14, you have a loss, and the futures are green this morning. Inspires investor confidence, right? With this wise remedy and redress by our exchanges, along with their other maneuvers (stay tuned for our coming Data Feed White Paper), one can’t help but be confident in playing ball on this level playing field. NOT.
Today's severe market drop should never have happened. The US equity market had at been hailed as the best, most liquid market in the world. ?The market action of May 6th has demonstrated that our equity market has major systemic risks built into it. There was a time today when folks didn't know the true price and value of a stock. The price discovery process ceased to exist. High frequency firms have always insisted that their mini-scalping activities stabilized markets and provided liquidity, and on May 6th they just shut down. They pulled the plug, as we always said they would, and they even admit it in the papers this morning. We need a new mousetrap. This is not an isolated incident, and it will happen again