Hi,
Why does the JPY fluctuate in the most crazy manner during news time compared to all other pairs?
If you take a look at the 19:50 GMT Sun August 15 2010, the EUR/JPY Fluctuates like mad on the 1 min and 5 min timeframe!
I saw FOUR HUGE 50 pips spike that went UP and DOWN leaving super small pinbars/doji.
Only the JPY shows such crazy price shock movements. Anyone with stop loss orders or limit orders within range would be in for a joke during such times.
Why does the JPY fluctuate in the most crazy manner during news time compared to all other pairs?
If you take a look at the 19:50 GMT Sun August 15 2010, the EUR/JPY Fluctuates like mad on the 1 min and 5 min timeframe!
I saw FOUR HUGE 50 pips spike that went UP and DOWN leaving super small pinbars/doji.
Only the JPY shows such crazy price shock movements. Anyone with stop loss orders or limit orders within range would be in for a joke during such times.