Based on the last 12 Balance of Trade events in Japan, we could see a 14,812 pip movement on NQ for the next 12 hours. NQ could trend upwards for 12 hours because the released value is > ¥-1150B
Historical events that allowed us to draw this conclusion
19 Jan 23:50 |
17 Aug 23:50 |
19 May 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
