Discussion in 'Forex' started by theseriousone, Mar 30, 2006.

  1. Straight 30 point drop today within seconds.... scared the sh*t outa me!

    As a newbie to FX are such drops normal?

    Does it mean someone sold a lot?
  2. Blindside


    During news release, such price action is the norm. In fact, this is still pretty tame compare to days like NFP or other events
  3. JayS


  4. Stick with it and you'll see plenty of 100 pip moves. I have no idea what trading platform you have, but my suggestion would be to check out some one minute charts and time and sales data. This will let you get a good feel for how the various news releases fuel movement.
  5. I see what you guys mean

    USD just broke thru 1.20, triggered my buy signal... rode all the way up *50 points* within seconds... sweet

    However I am a newbie using "Minilots" still a nice 50 USD profit :)
  6. newbby


    you guy's think still uptrend or what ?I s going down
  7. Today has been a good example so far. Nice spike up about thirty pips ( i only caught 13 though :mad: ), then the market gives it back in minutes. That's why I only hold trades for a few minutes at most.