Date | Friday 24th January 2020 |
Time | 13:30 |
CAD Retail Sales is released prior to 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 as a conflict.
If a trade is triggered, we expect a spike of 30 pips.
What happened last time?
CAD Core Retail Sales MoM – 19-11-22 | |
Time | 13:30 |
Forecast | 0.1 |
Actual | -0.5 |
Deviation | -0.6 |
One minute spike | 16 pips |
How we setup
Main Event | CAD Core Retail Sales MoM |
Market | USD/CAD |
Deviation | +/-0.7 |
Prior | -0.5 |
Forecast | 0.4 |
Triggers |
Buy <-0.2 Sell >1 |
Conflict 1 | CAD Retail Sales MoM |
Prior | -1.2 |
Forecast | 0.4 |
Triggers |
Buy <0.4 Sell >0.4 |