Date | Tuesday 12th March 2019 |
Time | 08:30 |
SEK CPI MoM is released early in the European session. We trade the MoM figure and add CPI YoY to Conflict Manager.
We usually see a very strong move when this event deviates from the forecast. Last month is a good example.
If a trade is triggered, we recommend trying to hold at least into the second minute. We like to see this event onside very quickly.
What happened last time?
SEK CPI MoM – 19-02-19 | |
Time | 08:30 |
Forecast | -0.7 |
Actual | -1.0 |
Deviation | -0.3 |
One minute spike | 495 pips |
How we setup
Main Event | SEK CPI MoM |
Market | USD/SEK |
Deviation | +/-0.1 |
Prior | -1.0 |
Forecast | 0.8 |
Triggers |
Buy <0.8 Sell >0.8 |
Conflict 1 | SEK CPI YoY |
Prior | 1.9 |
Forecast | 2.0 |
Triggers |
Buy <2 Sell >2 |