Date | Friday 29th May 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 – 20-04-30 | |
Time | 12:30 |
Forecast | 0.1 |
Actual | 0.0 |
Deviation | -0.1 |
One minute spike | 9 pips |
How we setup
Main Event | CAD GDP MoM |
Market | USD/CAD |
Deviation | +/-0.3 |
Prior | 0.0 |
Forecast | -9.0 |
Triggers |
Buy <-9.2 Sell >-8.8 |