User Name: Password:      Register - Lost password?

Forex Forum     ← Back to Forums

Sort Order: Latest Post on Top - Latest Post Last            Post Reply

Mtl JP  21:56:38 GMT - 01/01/2020  
We will soon find out IF market shares (for ex via Gold / usdjpy) in
"The UN Secretary-General is "deeply concerned" that the Democratic People’s Republic of Korea (DPRK) has ended a moratorium on nuclear and missile tests,

his spokesman said in a statement issued on Wednesday." - UN News

Mtl JP  21:41:05 GMT - 01/01/2020  
Any early signs of opening price-gaps or better still Flash Crash ?

12/31/2019 closes:
EUR/USD 1.1223
USD/JPY 108.6200
USD/CHF 0.9670
GBP/USD 1.3253
USD/CAD 1.2972
EUR/GBP 0.8467
AUD/USD 0.7020
NZD/USD 0.6736
srce: Historical Data by the pros at

Minneapolis DRS2  15:33:20 GMT - 01/01/2020  
In a perfect world, all players in "the market" would follow the same hours. Prices would move smoothly and without strange gaps, and stops would prevent catastrophic account losses.

The trading world ain't perfect. Some players move outside of "regular hours", and prices can move in very erratic ways. As traders have found in various flash crashes of the past, stops will not protect an account in case of disaster.

S*** happens. The only real protection one has is to be flat beforehand. Otherwise, you keep your leverage set so that you can handle a flash crash when it occurs.

It's a lot better to be looking for bargains after such an event, then to be crying to your broker (or your ATTORNEY) because of the MARGIN CALL that forex traders supposedly never get!

Mtl JP  15:18:26 GMT - 01/01/2020  
Market hours:
Wednesday, January 1st, 2020
All markets are closed.

Thursday, January 2nd, 2020
Normal trading hours - all pairs.

GVI Forex 14:58:52 GMT - 01/01/2020  
Just be on alert for an opportunity if you have no positions when the market opens.

On the other hand

Odds do not favor a repeat as brokers are on alert but I know of accounts being wiped out by last year’s flash crash so it would be foolish to ignore the risk. That was a time when a stop was not a stop.

In the world of electronic trading you must be aware of times when liquidity can disappear as there are no true market makers left.

Mtl JP  14:47:42 GMT - 01/01/2020  
On Alert for a Flash Crash
winners and losers
GVI Forex 12:01 - what exactly is the practical n tactical purpose of your post:
While market is closed and no access to account, exactly and specifically how do you suggest the $5600 average account retail trader

a) take advantage OR
b) even IF they have say 15 / 30 pip sl already mitigate getting wiped out
because , as for example Oanda states about STOP LOSS ORDERS:
A stop-loss order is a defensive mechanism used to protect against further losses. It automatically closes an open position when the exchange rate moves against you and reaches the level you specified. For example, if you are long USD/JPY at 109.58, you could set it at 107.00 - if the bid price falls to this level the trade will close automatically.

Stop-loss orders can only restrict losses, they cannot prevent losses. Trades are closed at the current market rate, in a fast moving market there may be a gap between this and the stop-loss rate you had set.
(bold is my own emphasis)

Thank you!

GVI Forex 12:01:50 GMT - 01/01/2020  
Brokers likely to be on alert when fx market reopens

On January 2, 2019, a flash crash was seen in the value USDJPY and AUDUSD, which dropped more than 4% in a few minutes. It was the USD lowest level against the Yen and AUD against USD since March 2009. The USDJPY and AUDUSD recovered much of its value in the next few minutes....Wikiiedia

Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex