Date | Friday 4th September 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 – 20-08-07 | |
Time | 12:30 |
Forecast | 400.0 |
Actual | 418.5 |
Deviation | +18.5 |
One minute spike | 24 pips |
How we setup
Main Event | CAD Employment Change |
Market | EUR/CAD |
Deviation | +/-100 |
Prior | 418.5 |
Forecast | 275 |
Triggers |
Buy <176 Sell >374 |
Conflict 1 | CAD Unemployment Rate |
Prior | 10.9 |
Forecast | 10.1 |
Triggers |
Buy >10.1 Sell <10.1 |