Date | Thursday 6th January 2022 |
Time | 15:00 |
In the US session we see USD ISM Non-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 10 pips.
What happened last time?
USD ISM Non-Manufacturing PMI – 21-12-03 | |
Time | 15:00 |
Forecast | 65.0 |
Actual | 69.1 |
Deviation | +4.1 |
One minute spike | 10 pips |
How we setup
Main Event | USD ISM Non-Manufacturing PMI |
Market | USD/JPY |
Deviation | +/-3 |
Prior | 69.1 |
Forecast | 66.9 |
Triggers |
Buy >69.8 Sell <64 |