Extreme Price Movements

Henryatkin

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Good morning all, I'm a newbi to Forex but have been trading equities since 2001 so not completely green. I have been doing OK trading off of a 1 minute chart and have taken the precaution of avoiding times of expected news annoucements such as rate changes. Thinking this has left me fairly safe from major price shocks I have ignored placing stops. It has since occured to me "what if" another 9/11 or London bombing. I know how extreme the prices moved on ftse but have no history to draw on for E v $ or £ v $.

Could any of you seasoned Forex traders give me some insight as to how the forex exchanges reacted to the extreme events and do you use a stop when trading a 1 min chart.

Thanks in advance.......Henry
 
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