CAD GDP MoM - 20-04-30

Date Thursday 30th April 2020
Time 12:30

CAD GDP MoM is released prior to the 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 – 20-03-31
Time 12:30
Forecast 0.1
Actual 0.1
Deviation 0
One minute spike 25 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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