Date | Friday 7th August 2020 |
Time | 12:30 |
CAD Employment Change is released just prior to the US session. We trade the headline component and we add CAD Unemployment Rate as a conflict. We are using much wider triggers than normal due to the current macro economic situation.
We expect a spike of 30 pips if a trade is triggered.
What happened last time?
CAD Employment Change – 20-07-10 | |
Time | 12:30 |
Forecast | 700.0 |
Actual | 952.9 |
Deviation | +252.9 |
One minute spike | 21 pips |
How we setup
Main Event | CAD Employment Change |
Market | EUR/CAD |
Deviation | +/-300 |
Prior | 952.9 |
Forecast | 400.0 |
Triggers |
Buy <100 Sell >700 |
Conflict 1 | CAD Unemployment Rate |
Prior | 12.3 |
Forecast | 11.0 |
Triggers |
Buy >11 Sell <11 |