AUDJPY intraday whipsaw/dip 4th Sept

[captaincol]

Can anyone tell me why there was a sudden crash on the AUDJPY at around 2pm today. Picture attached

 

[BoarDome]

nfp

 

[captaincol]

nfp???

 

[GammaJammer]

Google 'nonfarm payrolls'

Then do some reading

THEN and only then come back to trading.

 

[captaincol]

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.

 

[PualoP]

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

 

[Black Swan]

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