a bunch of Banks and/or major institutions knocking out a slew of orders at one time and/or getting a sweet deal on the AUD, move along now. Apple made a report that was kind of sort of unflattering about the Chinese economy! But these events would typically affect a currency pair as much as 1, mayyyybe as high as 2, but rarely ever more than that. And all of the excuses given for this move downward never answered the one big remaining question The Smoking Gun And the big remaining question. Tis all I can. Not even a few extra hundreds. You got to space it out, bitcoin bear market end over years, across multiple markets. ForexLive had a nice piece on it here. . This story is no different.
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Like this How we trade both after they occur are very different, and Episode 29 of the Forex Q A Podcast will address them both. The Wikipidia page on Flash Crashes best app forex news again does a good job of showing you how this has been done recently. The excuses the media gives are laughable and easily debunked. . A move like this should send shock waves throughout the entire global market, no? So how on earth did my account blow up? A 1 move in a pair in a short amount of time, is quite newsworthy. . And this was consistent across the board. Oh, and make sure it happens during low liquidity time so we have another built-in excuse. . On June 22, 2017, ETH went from slightly over 300 in value, all the way to close to 9 cents! More dramatic than the S P, but not by much. This doesnt always happen.