What causes massive moves in FTSE like 3rd June

monkey180

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Hello,

What factors cause huge fast almost instant movements in the FTSE or any inderie like on the 3rd June?
 
third time lucky monkey......

i'm guessing the move your talking about was at 1.30pm uk time, if so it was nfp fun and games.
 
Yes, 3rd time lucky.

With daily swing trading, would like to know what king of news will cause massive moves like that, so I can be prepared, and study the overnight news as well to guage the moves.

I think that if the markets could do something like that so fast, would use a guaranteed stop for that for example.
 
search google for an economic calendar for scheduled news releases, as to how the market will react to each news event and how extreme the moves will be, that's anyone's guess!
 
I would suggest multiple trades with small risks and not focus much on information because the market doesn't react the same to similar situations, rather than focusing on such events and betting big on them, if you do it this way I guarantee you big losses.
 
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