Date | Friday 6th November 2020 |
Time | 13:30 |
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 – 20-10-09 | |
Time | 12:30 |
Forecast | 156.6 |
Actual | 378.2 |
Deviation | +221.6 |
One minute spike | 22 pips |
How we setup
Main Event | CAD Employment Change |
Market | EUR/CAD |
Deviation | +/-100 |
Prior | 378.2 |
Forecast | 100.0 |
Triggers |
Buy <0 Sell >200 |
Conflict 1 | CAD Unemployment Rate |
Prior | 9.0 |
Forecast | 8.8 |
Triggers |
Buy >8.8 Sell <8.8 |