CAD GDP MoM - 19-10-31

Date Thursday 31st October 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 – 19-10-01
Time 12:30
Forecast 0.1
Actual 0.2
Deviation +0.1
One minute spike 22 pips

Setting up procedure

Main Event CAD GDP MoM
Market USD/CAD
Deviation +/-0.3
Prior 0.2
Forecast 0.2
Triggers Buy <0
Sell >0.4

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