Nov 022011
 


6A 03 12 (1 Min) 11.02.11

11/2/2011 Monthly Retail Sales (1430 HI time / 2030 EDT)
Forecast: 0.5%
Actual: 0.4%
Previous Revision: n/a
DULL REACTION
Started @ 1.0090
1st Peak @ 1.0080 – 1431 (1 min)
10 ticks

Reversal to 1.0098 – 1432 (2 min)
18 ticks

Notes: Report fell short of the forecast, with no previous report revision. The market took a breather on this report for unknown reasons. With JOBB, you would have gotten in short with 1-2 ticks of profit before it retreated with a 2-3 ticks of loss and hovered. Good place to close out rather than getting greedy.