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Is trading usually choppy before US Interest Rate Statement?

  • Post #1
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  • First Post: Oct 25, 2006 12:39pm Oct 25, 2006 12:39pm
  •  jmbtx
  • | Joined Jun 2006 | Status: Member | 39 Posts
I don't trade news as I am a purely technical trader but I have just gotten into currencies the last few months.

I have noticed the last two months the U.S. Interest Rate Statement have been announced the trading is really choppy during the London session.

Does this happen the majority of the time?
  • Post #2
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  • Oct 25, 2006 1:09pm Oct 25, 2006 1:09pm
  •  ikholod
  • | Joined Mar 2006 | Status: Member | 51 Posts
Quoting jmbtx
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I don't trade news as I am a purely technical trader but I have just gotten into currencies the last few months.

I have noticed the last two months the U.S. Interest Rate Statement have been announced the trading is really choppy during the London session.

Does this happen the majority of the time?
Ignored
Usually that's what I've been for about a year or so since I've been trading currencies. People are just waiting to see what the news will bring them.
 
 
  • Post #3
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  • Last Post: Oct 25, 2006 1:20pm Oct 25, 2006 1:20pm
  •  merlin
  • Joined Mar 2004 | Status: Magic Man | 3,220 Posts
there is already an FOMC thread, please use this one to discuss...

http://www.forexfactory.com/forexfor...ead.php?t=9439

this thread is closed.
Relax and be happy.
 
 
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