Forums - Massive down spike in AUD/USD wtf?



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AyeYo

Registered: Jun 2009
Posts: 338

11-04-09 12:33 AM

Did anyone else just (7:30 EST) see the instant 70 pip drop in the AUD/USD? wtf just happened? I thought data feed error, but we're still hovering down 40 pips? wtf...

By instant, I mean INSTANT. I'm not saying it went down quickly. I'm saying I'm watching my long... "yay... it's going up, up 3, up 6, down 70 wtf??" It was one tick to the next, a 70 pip drop.

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MrDODGE

Registered: Jun 2007
Posts: 2308

11-04-09 12:37 AM

Goldman got your money

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JSSPMK

Registered: Feb 2007
Posts: 5602

11-04-09 12:40 AM

Quote from MrDODGE:

Goldman got your money

All roads lead to GS

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AyeYo

Registered: Jun 2009
Posts: 338

11-04-09 12:41 AM

Yea I don't mind donating to the Goldman bonuses; I just want to know if Benny announced a halt of the money crank or something.

I've seen quick drops, but 70 pips in the single tick is a little ridiculous.

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JSSPMK

Registered: Feb 2007
Posts: 5602

11-04-09 12:44 AM

Quote from AyeYo:

Yea I don't mind donating to the Goldman bonuses; I just want to know if Benny announced a halt of the money crank or something.

I've seen quick drops, but 70 pips in the single tick is a little ridiculous.

Did you see 15 minute chart? Very weak p/a, could be just a violent shake out.

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lachie74

Registered: Nov 2005
Posts: 195

11-04-09 12:46 AM

Aussie Retail sales coming in worse than expected.

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