What just happened?
Aug 05, 2016 at 16:56
608 Views
8 Replies
Member Since Jun 20, 2016
3 posts
Aug 05, 2016 at 16:56
Anyone please care of explain why every major currency pair just got hit except for EURGBP? Thanks!
Member Since Jun 29, 2015
21 posts
Aug 05, 2016 at 17:22
mainly NFP
Member Since Jul 23, 2016
6 posts
Aug 06, 2016 at 10:08
blackspade posted:
Anyone please care of explain why every major currency pair just got hit except for EURGBP? Thanks!
See charts the EUR and GBP during this period.
The correlation for these currencies, therefore in EUR/GBP slight movement.
Member Since Dec 11, 2015
1487 posts
Aug 06, 2016 at 10:52
Always check the Forex calendar at the beginning of every week for any incoming high impact events like the NFP or the BoE rate announcement, so you wouldn't get surprises like this.
Member Since Jun 20, 2016
3 posts
Aug 07, 2016 at 13:42
Thanks guys!
Member Since Nov 13, 2015
35 posts
Nov 22, 2016 at 15:37
mlawson71 posted:
Always check the Forex calendar at the beginning of every week for any incoming high impact events like the NFP or the BoE rate announcement, so you wouldn't get surprises like this.
Good advice, a classic one and always applicable, except of flash crashes.
A knight's tale!
Member Since Nov 13, 2015
35 posts
Nov 22, 2016 at 16:19
wortrader posted:
Hello,
Fleshcrash coming in low liquidity. No from expected news.
Yes, that's right and that's why the economic calendar cannot help in being prepared for them, otherwise checking the news and their impact is very helpful. That was my point.
A knight's tale!
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