Anyone ever looked at this:
When a news release comes out and there is a small deviation between the actual vs expected # or no deviation, and the market still moves, try taking the opposite position of the spike? Look at today’s example, the CAD CPI Core. No deviation, yet the price still managed to go up 22 pips, but immediately came back down. Has anyone tested this looking back to see if there is an immediate retrace during small to no deviations?
When a news release comes out and there is a small deviation between the actual vs expected # or no deviation, and the market still moves, try taking the opposite position of the spike? Look at today’s example, the CAD CPI Core. No deviation, yet the price still managed to go up 22 pips, but immediately came back down. Has anyone tested this looking back to see if there is an immediate retrace during small to no deviations?