Date: Tuesday 30th April 2019
CAD GDP MoM is released pre US session. Historically we have seen a good spike with any deviation from the forecast and follow through usually occurs quickly.
If a trade is triggered, expect a spike in excess of 50 pips.
What happened last time?
One minute spike: 55 pips
Setting up procedure
Our market of choice: USD/CAD
CAD GDP MoM
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!