Opened 39 points under yesterday lows (got all the stops on longs and any sell stops waiting for a drop). Then up 104 point in under a minute. 188 points in 5 minutes. 246 points in 6 minutes. 272 points in 9 minutes. Can you feel the balls tighten on anyone who went short at open?
LOL... I am not even trading HSI right now, but yes that is a squeeze even balls of steel would find a wee bit of a tuffie der ladie... crike... <img src="http://www.enflow.com/p.gif">
Mate I have been trying to find a market in Oz time that so I can start having a normal life again and have been looking at the HSI and it is mental. People who wax on about the ER2 havent had a look at the HSI. Hats off to guys able to trade it with there own cash.
You want to see mental? Check out GBP/JPY, it dropped over 1000 points yesterday. I am loving the volatility.
Yep I was only referring to futures but you are right some of the crosses had mental moves 600 pips or so
I guess with today's wild moves many forex account went killed today going straight to 0. I keep that in mind each time i feel im not "winning" enough...