100,000 CAD, yen pips, oil in the quote
1.00 lot is 100,000 CAD. Pip conversion ~$6.70 per 0.01. Spread 0.6 to 1.4 pips is a bit wider than AUDJPY because the book is thinner. ATR 75 to 120 pips. Handles 108.00, 109.00, 110.00 are the petro-yen steps.
Tokyo 00:00 to 03:00 UTC still matters for the yen leg. The home session is North America 12:30 to 16:30 UTC when oil and CAD both trade. Using an AUDJPY Asia-only clock here misses EIA.
EIA, OPEC, BoC, BoJ: four calendars
Wednesday 14:30 UTC EIA is a CADJPY event. OPEC+ weekend statements gap Sunday. BoC and BoJ each move one leg. You need a four-item calendar, not a generic "red folder" glance.
connect your MT5 account to Venasri and map EIA onto this FX cross the way you map it onto USOIL. The 30-pip stop is honest on a quiet Tuesday. It is fiction on inventory Wednesday.
4.95 lots at 30 pips, zero extra if oil is open
lots = 1000 / (stop pips × 6.70) = 4.95 at 30 pips for 1%, 2.47 at 0.50%. Scalp 12 to 20, intraday 25 to 40, swing 60 to 100. The Half-Kelly Lot Size Calculator & Equity Guard should share a budget with USOIL, UKOIL, and USDCAD.
If WTI already uses $500 of risk, CADJPY is 0.00 or a 0.80 lot residual. Petro-carry is one idea. Two tickets do not make it two ideas.
NY oil hours plus Tokyo yen, not a random Asia scalp
Trade 12:30 to 16:30 UTC with oil agreement, or Tokyo yen trend when oil is quiet. Spread under 1.4, 30-pip-class stop, 00/50 handles. Skip EIA first tick.
Confirm oil direction, OPEC/EIA calendar, and unused energy budget on the Pre-Trade AI Confluence Checklist. CADJPY is how oil trends show up in FX. Treat it that way when you type lots.