Date | Friday 9th October 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 – 20-09-04 | |
Time | 12:30 |
Forecast | 275 |
Actual | 245.8 |
Deviation | -29.2 |
One minute spike | 16 pips |
How we setup
Main Event | CAD Employment Change |
Market | USD/CAD |
Deviation | +/-100 |
Prior | 245.8 |
Forecast | 156.6 |
Triggers |
Buy <56.6 Sell >256.6 |
Conflict 1 | CAD Unemployment Rate |
Prior | 10.2 |
Forecast | 9.7 |
Triggers |
Buy >9.7 Sell <9.7 |