GBP implosion

Post by **tomele** » Thu Oct 06, 2016 11:22 pm

Hi.

GBP imploded. Anyone knowing what happened?

Post by **TraderJoeForex** » Thu Oct 06, 2016 11:28 pm

...That's just taken 2/3 of my account on GBPJPY

Post by **tomele** » Thu Oct 06, 2016 11:32 pm

Whatever happens,

Most of the Dotties are REALLY happy. Grid trading is not too bad.

ace811122 · Post by **ace811122** » Thu Oct 06, 2016 11:43 pm

css dirty also have a nice catch.
HGI also signal sell on GBP, make some profits in live too :!!:

Post by **tomele** » Thu Oct 06, 2016 11:49 pm

Yes,

its seems that markets somehow anticipated "Hard Brexit" before the speech of Theresa May.

moebiusx · Post by **moebiusx** » Thu Oct 06, 2016 11:55 pm

>680 pip in vertical fall

Post by **tomele** » Fri Oct 07, 2016 12:17 am

Bloomberg:

"Traders struggled to immediately pinpoint a reason for the plunge. The drop in the pound versus the dollar could be due to an erroneous order and flows related to stop-loss orders or options, given dollar-yen or euro-dollar aren't moving much".

ROFLCOPTER

Post by **Heraclees** » Fri Oct 07, 2016 2:28 am

Flash Crash of the Pound Baffles Traders With Algorithms Being Blamed

This one is good too..
Once again its shows us how they can manipulate hardly to clear retailer traders..

mlawson71 · Post by **mlawson71** » Mon Nov 21, 2016 10:10 am

It's been weeks, has there been any new information about why this happened? Or did it remain a mystery?

bitbybit · Post by **bitbybit** » Mon Nov 21, 2016 9:44 pm

mlawson71 » Mon Nov 21, 2016 10:10 am wrote:It's been weeks, has there been any new information about why this happened? Or did it remain a mystery?

No - same old. You will find out in 20 years. Just like Nixon.