FOMC Meeting Announcement Precedents
- Posted by DynamicHedge
- on October 24th, 2012
Below are three trading patterns that our pattern recognition algorithm pulled from our historical database.
These represent the most dominant patterns from the last 5 years of FOMC announcement sessions where the market opened with a gap higher (of 0.3% or more).
Curve 1 represents the most dominant pattern, curve 2 and curve 3 represent less dominant patterns.
Note the crescendo of activity 30-40 minutes after the announcement across all curves.
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DynamicHedge is an equities, futures and derivatives trader based on the West Coast. He runs a long/short opportunistic relative-value strategy within a proprietary trading group. More
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