I heard something about their market, being crashed or something

Can take this chance?

Took a risk just now

No , i see how price response to news RESULTS

i dont care what the news say

short answer is yes.

but for the trader (speaking for myself here ), its all about the volatility. its all tat matters hor!  anncmts move the mkts. unker simply dun care how an anncmt turns out. whtr good or bad.

prices are somehow priced into the mkt. either way b4, just b4, shortly after, or way after an anncmt. tat is why u see such erratic movements during the period leading up to & also after an anncmt. 

if u r talking about regular news, anncmts actually help me. my bars tell me whr price is going.

if i oredi happen to have any open positions prior to an anncmt, i will tighten things up. most times anncmts can & will take ur trade nearer towards ur PT 

i can never understand why some  ppl would trade NFP, FOMC, ZEW reports, Tanken, CPI, PPI, speeches, etc.

why is thr a need to even trade anncmts whn u r only 2nd guessing the direction it will take? is it b'cos of the thrill of trading anncmts? 

are the 30 pips gained in 10 secs gambling on an anncmt any more precious than the 30 pips gained over a slow trend which develops (slowly but surely) over 6 hours?

i wil bet my btm dollar tat if ur position size is big enuf & u have some serious $ at stake, u wil not dare to place trades on an anncmt simply b'cos u have no idea which direction the mkt is gonna take.

the mkt will always take care of itself. technical traders have nothing to worry about.

shhhhh.........since u r unker's blue-eyed boy, unker wil share something more hor........technical analysis is probably 'the only way' to trade profitably wif consistency. but i'm sure it's something u oredi discovered 

are u asking me about whipsaws or false reversals? whr price always goes in 1 direction slightly, b4 shooting off in the other direction? or do u mean something else entirely?

hmmm    assuming i understand ur question correctly, i would have to say yes. but never for long! i've seen price shoot down(or up) & do a complete retracement within 24 hours. heck, some times even less than tat.

the market is just too big to manipulate for extended periods of time. it takes millions and millions just to make it move 1 pip. how much exactly?

i can't tell, since the forex market is always growing in size, but most probably enough volume, if some of the big boys work in tandem. 

the lower liquidity pairs (not commonly traded) probably take much less to make them budge.

tat is why, if u compare diff crosses on ur charts, u will see some are extremely choppy in their movements. trends are less developed & consistent. 

by and by, some pairs are just tougher to trade. identify them & avoid them.

now coming back to ur question, i dun believe tat there is a conspiracy, but once in a while the big boys might decide tat a certain 'price' is the right 'price' for a currency.

So, Bank A will call BANK B, BANK C, BANK D & BANK E and say, "hey guys! lets start dumping currency XXX together between  9 a.m. - 3 p.m. We will be dumping a total of XXX amount. "

So tat is why 'u see, what u see' on ur charts when tat happens.  

this is completely unrelated, but right now, there is a certain BANK 'D'    in Europe, who are in pretty deep shit .   

hope unker answered ur question hor!
4  ekk kekekekekekeke !! 
good9 guys   

just want to ask, where do you guys get the daily tips on which pairs to buy/sell? newbie here:p

what pairs u trade now

got GU? what do you think will happen on 1.4222 or 1.4178 

Ahhh! Yes my fren! False breakouts are usually the big boys loading up their positions b4 the mkt picks up momentum. It's not really a 'trap' per se.

e.g.  current mkt price is at 1.7000.  price goes to 1.6980 b4 shooting off to 1.7100. 

wat is happening in the above scenario?  well, the institutions have got their orders all seating in a pile arnd 1.6980 - 1.7000.

When the orders get filled, the mkt moves.  Just think of it as a rubber band. u stretch it one way for it to go the other way.  Nobody is doing this to purposely trap traders. No conspiracy hor!

 

Now there are stories coming out of Syria too.

market so quiet la... pegi minum dulu... this mth account up 29% only....

Usually GBPJPY how many pips you risk bro?

Next week I sense GBPJPY is going to reverse and go upwards, and USDCAD is going to come down hard. Fingers crossed, good luck guys

USD/CAD starts moving down, but I don't expect much movement.

My GBP/AUD already in profit +230 pips 

I realise that some traders here show good results but in reality, it is not.

They just want to earn your money especially the spreads and performance fee.