Kinda interesting, kinda frustrating.
Had been short AUD/USD since Dec 27, and that was progressing slowly until the crash. Took me out at my take profit order. Was also short NZD/CHF - on an hourly strategy. That would’ve been around +30 but, with the wider spread and price spiking up before dropping, stop loss was hit (pretty much spot on) for -13. Though AUD/JPY came out with +44. Can’t complain.
Seems to me… Apple news and liquidity (Japanese holiday might have added to that). Markets seem to be generally skittish, so any news plus lack of liquidity could/can push them into crazytown.
I always use stop loss and take profit orders. I can’t wrap my head around not using a stop loss, but in this case not having one on that NZD/CHF trade would have worked out (this looks good in hindsight only). I am considering not using take profit orders because letting those other trades run a bit more would’ve been nice. Then again, I should probably keep my greed in check.
Guessing 2019 might be a wild ride. Good luck out there.