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- cloggie replied May 6, 2010
Yes I did, but I didn't cause this, trust me I am a trader.
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
What? Another "Billion should have been a Million fat-finger-f@ck up" ?
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
This is probably the best example of why trading with the trend is the safest bet, any contrarian trader would have had some serious losses. Wonder how many margin calls we had in this room alone.
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
Trading the elections is high risk, you will see some major whipsaws in the PA and will need massive stops, not for the fainthearted. Also this is the first time ever in UK elections that 3 parties are running so tight in the polls with 30% of the ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
I use MT4 for charting but trade of Active Trader, alongside other brokers, I would never entertain trading through a system that has such latency, when you hit your sell button, you send a signal to BT, who queries the broker you use for the price ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
I am not touching anything right now, enjoying a tea and biccies. If this was a glitch though, we will see a correction. We will never know, because for every loser, there was a winner. Lots of guys bought on the bottom of that spike and lots of ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
I am going throught the night, the first exit polls are key, if the Conservatives get an outright majority expect 300 pip to the upside, if the result is a hung parliament depending on the individual percentages I am banking on 500 pips to the ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
This was the first 1000 point drop of the Dow in 100 years, in a single drop. It was 998.5
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
We may not see what just happened for another 20 years.
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
Look at my explanation earlier, Flash traders get the orders before the markets get them, they see a drop in a key stock like GE and PnG and they just start selling them off as fast as they can, there are no people involved, Flash traders only get ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
MT4 will never ever be able to keep up with drops like this, by the time your price gets from the broker to BT and to you, it is so old they may as well have mailed it to you.
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
We rode the coattails of the HFT and Flash traders, they saw a flash order and arbitrage in the indices and caused the further fall, there was just no stopping it once a stock like GE and PnG got flashed as 10% down, with all the news coming in the ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
Accenture dropped from 40 dollars to 1 cent in that fall in 2 minutes, this was something big guys. We haven't heard the end of this yet.
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
The dow dropped 1000 points in all of that, the largest points drop ever. For those on the wrong side of the trade in the last hour, don't feel bad. This was the single biggest and fastest across the board drop in all currencies and indices we have ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
This has been bonkers, I kept scaling in so many times that I ended up having over 30 trades live. I use 6 screens and could barely keep track of it all, I noticed the massive gaps forming on my charts and seeing some ridiculous prices on Level II, ...
Cable Update (GBPUSD)
- cloggie replied May 6, 2010
I made more money in the last 30 minutes, then I did all last month. This week is going to be up there with the more memorable ones. I hit that "close all" button with a vengeance and am going to make myself a cup of tea to enjoy the carnage.
Cable Update (GBPUSD)