6A 03 12 (1 Min) 11.09.11

11/9/2011 Monthly Unemployment Report (1430 HI time / 1930 EST)
Non Farm Jobs Forecast: 10.1K
Non Farm Jobs Actual: 10.1K
Previous Revision:+2.1K to 22.5K
Rate Forecast: 5.3%
Rate Actual:5.2%
INDECISIVE
Started @ 0.9976
1st Peak @ 1.0000 / Retrace to 0.9960 – 1431 (1 min)
24 ticks / -16 ticks

Notes: Report exactly matched the forecast with a small negative revision to the previous report and drop in the rate causing indecision and volatility that was biased more upward due to the small bit of good news. The 1431 candle went up about 20 ticks then seesawed and fell 33 ticks in the first second. This would have hit your stop loss with JOBB. Also lower than normal trade volume due to job #s matching forecast.