Date | Friday 22nd May 2020 |
Time | 12:30 |
CAD Retail Sales is released prior to the US session. We only 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 – 20-04-21 | |
Time | 12:30 |
Forecast | 0.3 |
Actual | -15.6 |
Deviation | -15.9 |
One minute spike | 10 pips |
How we setup
Main Event | CAD Core Retail Sales MoM |
Market | USD/CAD |
Deviation | +/-0.7 |
Prior | -15.6 |
Forecast | -5.0 |
Triggers |
Buy <-5.6 Sell >-4.4 |
Conflict 1 | CAD Retail Sales MoM |
Prior | 0.3 |
Forecast | -10.0 |
Triggers |
Buy <-10.0 Sell >-10.0 |