Fed Annoucement might be a blood bath

Quote from TrueStory:

I hope/think you're not serious but if you are you should consider giving up trading.
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:) As you can see gauge from the numbers of post that i have made i am just starting this trading business.

Note : forex calender says that "USD FOMC Rate Decision" was going to be announced at 18:15pm (gmt) which is equal to 13:15pm (est = ny time)

However the irradic moves starts on 14:00 pm (est = ny time).

My guestion is : what took so long for currency markets to react?

Did the quants of big banks took 45 minutes to calculate the change that would take place?

TrueStory:
Can you answer? thanks.
 
I have had a tough time this year. I have been long dollar on several occaissons, only to get washed away in the euphoria. I am holding shorts again. I still have a couple bullets left for my gun.

I think we are overshot fundamentally, but it really doesn't matter what I think now does it. It just keeps going and going.

I ran out of insights in July. I did see a lot of fairly big size being thrown in at 1.45 today on the globex. I haven't seen this for a long time. Wasn't this the old high of the DM in the olden days of the planet?
 
Quote from supercoder2006:


Note : forex calender says that "USD FOMC Rate Decision" was going to be announced at 18:15pm (gmt) which is equal to 13:15pm (est = ny time)

However the irradic moves starts on 14:00 pm (est = ny time).
More...
18:15 GMT is 14:15ET
After the time change ET will be GMT - 5 hours.
 
Quote from downrivertrader:

I have had a tough time this year. I have been long dollar on several occaissons, only to get washed away in the euphoria. I am holding shorts again. I still have a couple bullets left for my gun.

I think we are overshot fundamentally, but it really doesn't matter what I think now does it. It just keeps going and going.

I ran out of insights in July. I did see a lot of fairly big size being thrown in at 1.45 today on the globex. I haven't seen this for a long time. Wasn't this the old high of the DM in the olden days of the planet?
More...

Was massive option protection at 1.45 today. It's also very close - if not right on - to the old synthetic DM high.
 
Quote from downrivertrader:

I ran out of insights in July. I did see a lot of fairly big size being thrown in at 1.45 today on the globex. I haven't seen this for a long time. Wasn't this the old high of the DM in the olden days of the planet?
More...

1.4535 is the equivalent.
 
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