The orders were entered 2 minutes before the announcement. Executed at: 11:15:48, 11:16:07, and 11:16:13 (sells), buys were executed at: 11:18:35, 11:18:57, and 11:19:12 (to be exact). Don
thats great for 4 minutes..I was planning todo something with deep in the money goog calls and puts....but I think its going to be a non event thing. Meaning maybe 10 up or down nothing to great.
Not quite sure I understand this Thread....Just curious? What's a "Newbie Program Trader"?.... And are you saying the market should have bought, but because of these "newbie" programs traders it sold into the low's?.. Thx in advance for the reply.
Don I was curious Have you tried this with any other reports? Do you have an emergency contingency plan for when she just takes off and never looks back?
Mahram is right about some traders: after FOMC, I was wondering why June eurodollars didn't tank; since then, EDM6 and TYH6 have been going straight down. FOMC statement was clearly hawkish.
We play with other reports, but to a lesser degree. And, I hate to say this, but I can't remember a Fed announcement that I was involved that just kept going one way (there may have been, but I don't recall). Don