Go Back   Trade2Win Forums > Forex Markets > Forex Discussion
AUDJPY intraday whipsaw/dip 4th Sept AUDJPY intraday whipsaw/dip 4th Sept
Site Guidelines | New Posts | Register Mark Forums Read

AUDJPY intraday whipsaw/dip 4th Sept

This is a discussion on AUDJPY intraday whipsaw/dip 4th Sept within the Forex Discussion forums, part of the Forex Markets category; Can anyone tell me why there was a sudden crash on the AUDJPY at around 2pm today. Picture attached...

Reply
1 1 Attachment(s)
Sponsored By FXCM Share thread with:  Submit to Digg Submit to Facebook
 
LinkBack Thread Tools
Old Sep 4, 2009, 11:03am   #1
Rookie
 
Join Date: Jan 2009
Posts: 21
AUDJPY intraday whipsaw/dip 4th Sept
Can anyone tell me why there was a sudden crash on the AUDJPY at around 2pm today. Picture attached
Attached Thumbnails
audjpy04092009.jpg  
captaincol is offline   Reply With Quote
Old Sep 4, 2009, 11:07am   #2
Banned
 
Join Date: Jun 2009
Posts: 86
nfp
BoarDome is offline   Reply With Quote
Old Sep 4, 2009, 11:19am   #3
Rookie
 
Join Date: Jan 2009
Posts: 21
captaincol started this thread nfp???
captaincol is offline   Reply With Quote
Old Sep 4, 2009, 12:47pm   #4
Legendary Member
 
Join Date: Sep 2004
Posts: 4,431
Google 'nonfarm payrolls'

Then do some reading

THEN and only then come back to trading.
__________________
"That which doesn't kill me makes me stronger"
GammaJammer is offline   Reply With Quote
Old Sep 4, 2009, 1:13pm   #5
Rookie
 
Join Date: Jan 2009
Posts: 21
captaincol started this thread
Quote:
Originally Posted by GammaJammer View Post
Google 'nonfarm payrolls'

Then do some reading

THEN and only then come back to trading.
Thanks for you amazing wit, if I ever need someone to talk down to me I'll remember to PM you.
captaincol is offline   Reply With Quote
Old Sep 4, 2009, 1:21pm   #6
Senior Member
 
Join Date: Dec 2002
Posts: 238
Quote:
Originally Posted by captaincol View Post
Thanks for you amazing wit, if I ever need someone to talk down to me I'll remember to PM you.
You should take his advice, he's saving you from your own stupidity
PualoP is offline   Reply With Quote
Old Sep 5, 2009, 7:54am   #7
Legendary Member
 
Black Swan's Avatar
 
Join Date: Nov 2008
Posts: 1,228
it happened across a range of currency pairs; predominantly JPY or USD. TBH it was an unusal pattern, must have taken out a lot of stops - long and short...volatility went crazy, still not all bad news, great opps. later in the afternoon on most pairs...certainly on my seven/eight
__________________
Walk a single path, becoming neither cocky with victory nor broken with defeat, without forgetting caution when all is quiet or becoming frightened when danger threatens.
Black Swan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Audio: Morning Stock Talk - How can you buy on the dip when there is no dip? MarketWatch.com Podcasts 0 Aug 4, 2009 2:00pm
Currency trading (Sept. 4th > 8th) wasp Forex Discussion 247 Sep 8, 2006 12:36pm
Dow Intraday Charts 20 Sept - 24 Sept ChartMan US Indices 117 Sep 27, 2004 6:33am
Dow Intraday Charts 13 Sept - 17 Sept ChartMan US Indices 57 Sep 18, 2004 8:28am
Dow Intraday Charts 07 Sept - 10 Sept ChartMan US Indices 60 Sep 13, 2004 8:11am


New To Site? Need Help?


All times are GMT -4. The time now is 3:57am.


Copyright © 2001-2009 Trade2Win Ltd