Date | Wednesday 30th September 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 of 20 pips.
What happened last time?
CAD GDP MoM – 20-08-28 | |
Time | 12:30 |
Forecast | 5.6 |
Actual | 6.5 |
Deviation | +0.9 |
One minute spike | 12 pips |
How we setup
Main Event | CAD GDP MoM |
Market | USD/CAD |
Deviation | +/-0.5 |
Prior | 6.5 |
Forecast | 3.0 |
Triggers |
Buy <3.6 Sell >3.4 |