CAD GDP MoM - 19-05-31

Date: Friday 31st May 2019

Time: 12:30

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?

CAD GDP MoM – 19-04-30

Time: 12:30

Forecast: 0.1

Actual: -0.1

Deviation: -0.2

One minute spike: 38 pips

Setting up procedure

Our market of choice: EUR/CAD

Main Report

CAD GDP MoM

Deviation: +/-0.3

Prior Forecast Buy Sell
-0.1 0.3 <0.1 >0.5

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!

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