Based on the last 12 Consumer Confidence events in Japan, we could see a 1,520 pip movement on PL for the next 4 hours. PL could trend upwards for 4 hours because the released value is < 33 Historical events that allowed us to draw this conclusion
08 Apr 05:00 |
03 Mar 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
31 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).