Date | Tuesday 21st July 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’re pushing the triggers out further this month due to the recent volatility in this release.
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 – 20-06-19 | |
Time | 12:30 |
Forecast | -13.5 |
Actual | -22.0 |
Deviation | -8.5 |
One minute spike | 20 pips |
How we setup
Main Event | CAD Core Retail Sales MoM |
Market | USD/CAD |
Deviation | +/-10.0 |
Prior | -22.0 |
Forecast | 12.0 |
Triggers |
Buy <2.1 Sell >21.9 |
Conflict 1 | CAD Retail Sales MoM |
Prior | -26.4 |
Forecast | 20.0 |
Triggers |
Buy <20 Sell >20 |