Hi , so took the USA pmi, trade yesterday.
I use my own hedge strategy. , which is generally 90 efficient. Although minus your hedge loss. So nothing amazing.
But I was surprised at lack of movement generally I need a ten pip move to sustain from the news announcement after 15 mins.
I didn't get it and lost.
My question is , is USA pmi really that big a mover historically?
Thanks all and good luck!