Date | Wednesday 22nd May 2019 |
Time | 12:30 |
CAD Retail Sales is released prior to the open of the US session. We only look to trade this event with a large deviation from the forecast.
We setup for CAD Core Retail Sales MoM and add CAD Retail Sales MoM to Conflict Manager. If a trade is triggered, we expect a spike of 30 pips.
What happened last time?
CAD Core Retail Sales MoM – 19-04-18 | |
Time | 12:30 |
Forecast | 0.2 |
Actual | 0.6 |
Deviation | +0.4 |
One minute spike | 24 pips |
How we setup
Main Event | CAD Core Retail Sales MoM |
Market | USD/CAD |
Deviation | +/-0.7 |
Prior | 0.6 |
Forecast | 0.9 |
Triggers |
Buy <0.3 Sell >1.5 |
Conflict 1 | CAD Retail Sales MoM |
Prior | 0.8 |
Forecast | 1.0 |
Triggers |
Buy <1 Sell >1 |