Date | Friday 8th November 2019 |
Time | 13:30 |
CAD Employment Change is released pre-US session.
We trade the headline component and we add CAD Unemployment Rate as a conflict.
We expect a spike of 30 pips if a trade is triggered.
What happened last time?
CAD Employment Change – 19-10-11 | |
Time | 12:30 |
Forecast | 11.2 |
Actual | 53.7 |
Deviation | +42.5 |
One minute spike | 59 pips |
How we setup
Main Event | CAD Employment Change |
Market | USD/CAD |
Deviation | +/-20 |
Prior | 53.7 |
Forecast | 15.9 |
Triggers |
Buy <-4 Sell >35.8 |
Conflict 1 | CAD Unemployment Rate |
Prior | 5.5 |
Forecast | 5.5 |
Triggers |
Buy >5.5 Sell <5.5 |