CAD Employment Change - 20-11-06

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

Setting up procedure

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

Leave a comment