micro crash - windfall or wipeout ?

Discussion in 'Forex Trading' started by Wallace, Jun 1, 2011.

  1. usually higher volume trades aren't related to anything in particular, but last night
    was a bit different
    while the price was in a rising trend, at the end of the first quarter of the minute the
    drop started - 50 pips in 35 seconds, 5,000+ contracts, 11:30pm PST

    opened Oanda's FXTrade, the only 'realtime' news source I have access to and as
    you may agree, imo the trade/s was related to news about the Greece bailout, but
    what source was the trader using IF the trade was initiated based on that news ?

    there's no way to anticipate such news releases, does a Trailing Stop help ?
  2. ammo


    could have been a bank which might have been 1 of the parties involved in creating the news