6A 03 12 (1 Min) 09.06.11

9/6/2011 Quarterly Advance GDP (1530 HI time / 2130 EDT)
Forecast: 1.0%
Actual: 1.2%
Previous Revision: +0.3% to -0.9%
SPIKE WITH 2ND PEAK
Started @ 1.0304
1st Peak@ 1.0345 – 1532 (2 min)
41 ticks

2nd Peak @ 1.0351 – 1541 (11 min)
47 ticks

Reversal to 1.0334 – 1556 (26 min)
17 ticks

Notes: Report was positive, with a decent previous upward revision. This caused a healthy spike, with a follow on peak and a minimal reversal on the tail end. If using JOBB, you would have gotten in long immediately , then the retracement would not hit your stop loss before it continued to rise again.