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  #1763 (permalink)

Miami FL USA
Trading Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
Cashish's Avatar
Posts: 803 since May 2011
Thanks: 811 given, 2,112 received

The Beige Book report comes out today at 2pm, with the disastrous Consumer Confidence number yesterday I think the B Book report could be a market mover.

My question is this, Where +/- 10 pips will the price of the Euro be at 1:45 pm est. or 17:45 GMT (is that right?).

I always look for the heavy hitters to position themselves deep in the market at both extremes of the day's range prior to a major release, an example might be, to load the boat short at 1.2600 early in the day (given the opportunity) with the anticipation of a sell off at 2pm. Price might be at 1.2600 at 7:20 am and then 1.2520 at 1:45pm.

So, if anyone cares to play along type in the level(s) you expect to see on your chart at 1:45 pm est. Let's set a dead line for "your best guess" by 12:00 (noon) est. Nothing scientific here, just pure, meaningless fun.

My guess, 1.2540

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