Ep29: Aftermath Of A Flash Crash

Forex Q&A

VP

Investing, Business:investing, Business

5 • 1.5K Ratings

🗓️ 7 January 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Flash Crashes and gigantic candles that form after events like the first Brexit vote can really screw up your indicators. VP explains how to handle the time period after these events occur to avoid taking unnecessary losses. Also -- the battle cry for 2019!! Blog On Why Flash Crashes Really Happen - https://nononsenseforex.com/uncategorized/flash-crash-2019/ Subscribe on iTunes - https://itunes.apple.com/us/podcast/forex-q-a/id1403201709 Follow the Podcast on Spotify - https://open.spotify.com/show/4iTHB9E7Ly2AImBBhlZtV0 Subscribe on Stitcher - http://www.stitcher.com/s?fid=201867&refid=stpr Subscribe on Android - http://subscribeonandroid.com/nononsenseforex.podbean.com/feed.xml Follow Me On Twitter! - https://twitter.com/This_Is_VP4X

Transcript

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0:00.0	This is the 4X Q&A podcast. This is VP
0:03.5	Professional 4X Prop Trader here in the United States answering your user submitted
0:07.1	4X trading related questions every Monday morning. If you have a 4X
0:11.4	trading related question on your mind and you have already consumed all the material on my channel,
0:16.0	go to no nonsense 4X.com slash ask VP
0:20.0	fill out the form, ask me anything you want and I will get back to you typically within 48 hours.
0:24.6	A bit of a different podcast this week.
0:27.1	We're going to go in reverse and it will not be in response to an actual question asked,
0:32.3	at least not on Ask VP.
0:34.0	But on January 3rd, there was something called a flash crash in the currency's market,
0:39.0	mainly happening on the Osei dollar and the Japanese yen.
0:43.0	For many of you is your first experience with something like this.
0:46.0	At least, your first experience as an active trader in the market.
0:51.0	You might have seen these before, but you never actually experienced one.
0:54.0	And if you are trading the no-nonsense 4X way, you have a bunch of indicators that have now been thrown completely out of whack.
1:01.0	What do we do now? So we're going to go ahead and answer those things first.
1:05.0	I'm going to sprinkle in another topic that I was saving for later, but I'm going to go ahead and
1:09.8	combine it with this episode. And then we will get to what I was going to start with.
1:16.0	And that is the word, the Battle Cry, for 2019.
1:20.0	Two of you actually got it.
1:22.0	I really underestimated you guys. I didn't think anybody would get it, but two of you did.
1:27.0	So we're going to mention those two people. We are going to talk about that word and talk about what that means for the year ahead.
	...

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