| Date | Friday 5th August 2022 |
| Time | 12:30 |
CAD Employment Change is released prior to the US session. We trade the headline component and we add CAD Unemployment Rate as a conflict.
We expect a spike of 30 pips if a trade is triggered.
What happened last time?
| CAD Employment Change – 22-07-08 | |
| Time | 12:30 |
| Forecast | 23.5 |
| Actual | -43.2 |
| Deviation | -66.7 |
| One minute spike | 35 pips |
A conflict better Employment Change and Unemployment Rate was the likely cause of the spikey action. The News Trader Pro conflict prevention would have protected against this.
How we setup
| Main Event | CAD Employment Change |
| Market | EUR/CAD |
| Deviation | +/-60 |
| Prior | -43.2 |
| Forecast | 20.0 |
| Triggers |
Buy <-40 Sell >80 |
| Conflict 1 | CAD Unemployment Rate |
| Prior | 4.9 |
| Forecast | 5.0 |
| Triggers |
Buy >5 Sell <5 |