CAD Core Retail Sales MoM - 20-07-21

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

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