CAD GDP MoM - 19-07-31

Date Wednesday 31st July 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 – 19-06-28
Time 12:30
Forecast 0.1
Actual 0.3
Deviation +0.2
One minute spike 22 pips

Setting up procedure

Main Event CAD GDP MoM
Market USD/CAD
Deviation +/-0.3
Prior 0.3
Forecast 0.1
Triggers Buy <-0.1
Sell >0.3

Good luck! Let us know how you get on in comments section.

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