Just wondering if anyone can shed some light on the sudden spike on both the above markets that occured at 11.55am today.
I am new to forex and trying out some demo trading. This is the first time I've noticed this kind of spike. It triggered a stop on my AUD/USD sell, but about 10 or so pips above where my stop was set.
Just wondering if this is a regular type of event. It took place in just a few seconds. I would imagine it could wipe out plenty of accounts if it prevents trades closing at the price where stop losses have been set.
Sorry if this doesn't make much sense. Just in the early learning phase.
