Registered: Jul 2011
07-11-12 03:18 PM
So, I know equity,bond, currency markets can move dramatically - ES can move 15-20 points in 5 minutes on the days of FOMC meetings.
But what kind of movement is to be expected on the publication of minutes of FOMC meetings like today? Can anyone give some general guidelines.
I have couple of swing positions - ES short etc. (2-4 day holding period), is it advisable to take them off and put them again after Fed minutes are released? If I put them off, there is a chance that I might be able to enter at a much worse price. So, if expected/historical volatility is not that much on these days around minutes release, I will rather leave those positions on. Thanks for help..