Date: Tuesday 12th March 2019
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?
One minute spike: 495 pips
Setting up procedure
Our market of choice: USD/SEK
SEK CPI MoM
1. SEK CPI YoY
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!