USD ISM Manufacturing PMI - 21-11-01

Date Monday 1st November 2021
Time 14:00

Early US session we see USD ISM Manufacturing PMI. We set reasonably wide triggers for this event as reactions are usually quite small. We only want to trade if there is a large divergence and even then we will look to exit quickly.

If a trade is triggered, we expect a spike of around 20 pips.

What happened last time?

USD ISM Manufacturing PMI – 21-10-01
Time 14:00
Forecast 59.6
Actual 61.1
Deviation +1.5
One minute spike 17 pips

How we setup

Main Event USD ISM Manufacturing PMI
Market USD/JPY
Deviation +/-2
Prior 61.1
Forecast 60.5
Triggers Buy >62.4
Sell <58.6

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