135 Pips Before the Window Opens. Now Size the 12:30 Print.
Dollar-yen has spent 135 pips before the 12:30 US data block opens, and is 40 pips below the bottom of a range published overnight.
The consensus you would size against is ten basis points wide; this series' own three-month mean miss is 83. And one widely read Friday preview has every release an hour early — the whole page is rendering EST in September.