CAD GDP MoM - 20-01-31

Date Friday 31st January 2020
Time 13:30

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 – 19-12-23
Time 13:30
Forecast 0.1
Actual -0.1
Deviation -0.2
One minute spike 17 pips

Setting up procedure

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

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