Without fail every NFP week I’ll get 4 new characters sending me e-mail with a sure-fire trading strategy to mop the floor with this News release.
This week was no exception….the claims are getting nuttier but Hey..”The New Improved Pips decimator 5000″ robot is guaranteed…wiki-leak approved.
One guy was claiming that we see a 70 pip jump and he had the “the bag-O-pips” plan to get your share of this Trillion dollar move
Strange thing is?
We average about a 30 pip move going back 3 months:
What I have noticed over time was that a couple minutes before the actual News release we generally do get a spike (25/30 pip range) allowing a buy in at lower than current price. So, you could most likely grab a position 10-12 pips under.
The Japanese will have to weaken the Yen and following along with the pattern, I’d say we are looking at a 100+ pip move in the near future…maybe as early as Sunday night.
Who knows for sure WHEN it will occur…looking back at the History of Intervention here…it’s not a matter of ” IF ”