Don’t think you can prepare for this sort of thing. Was short AUD/USD (since 12/27) and NZD/CHF (entered 3 pm eastern), and was long AUD/JPY (entered 3 pm eastern) when this happened because that’s the direction those pairs had been going.
Even then, nothing is a sure thing. NZD/CHF should’ve been a good trade, but my stop loss was too tight - and the spreads too wide, the price action too chaotic.
All in all? A great day, if a bit scary.
Oh. My stop in NZD/CHF was hit almost spot on - a bit of slippage, not much. I use Oanda. On the other hand, the charts on Oanda’s various platforms weren’t updating. I was paying closer attention to NZD/CAD after the crash since I had a trade open. The daily chart wasn’t updating, and the hourly was missing at least 4 bars. I started looking at Forex.com and FXCM charts (via TradingView), and they all seemed a bit off.