Appreciate that - yeah those big macro events in Forex remain a mystery to me (I guess I don't understand the mechanics of these markets well enough), so point taken re scaling risk - I think after reading Sharks post it reinforces in my mind that a solid approach would be to no go too heavy on any one symbol or EA (or manual trading strategy for that matter), but rather make sure you have a good spread to mitigate that risk.
I remember about a year ago (maybe longer), I was looking through random symbols on Plus500, this is before I had any idea what I was even looking at, and I saw JPY/[something] had fallen by like 90%, and there was no liquidity so it just instantly fell to that level then stayed there for ages ... strangest thing I ever saw and I have never been able to find the pair or time frame I was looking at, so maybe it wasn't even a 90% and I misread the chart, but I'll probably never know lol (unless it's a thing you guys remember).
How often would you say those sort of events happen in FX market - Not the 'large' news events which cause big gaps, but the truly unexpected and monster moves that just take the market by surprised and absolutely throw a spanner in the works?
