6A 12 12 (1 Min) 12.02.12

12/2/2012 Monthly Retail Sales (1430 HI time / 1930 EST)
Forecast: 0.4%
Actual: 0.0%
Previous Revision: n/a
SPIKE WITH 2ND PEAK
Started @ 1.0415
1st Peak @ 1.0392 – 1433 (3 min)
23 ticks

2nd Peak @ 1.0382 – 1456 (26 min)
33 ticks

Reversal to 1.0407 – 1553 (83 min)
25 ticks

Notes: Report fell well short of the forecast, with no previous report revision. This broke on Sunday btu still had a decent reaction. This caused a 23 tick short spike in 3 min that crossed the PP Pivot, then eclipsed the S1 Pivot at the peak. With JOBB you would have filled short at 1.0409 with 1 tick of slippage, then had an opportunity to get 10-15 ticks with ease. Due to the disappointing news, it was able to achieve a 2nd peak of 10 more ticks about 25 min later. Then it reversed for 25 ticks crossing the S1 Pivot, 50 and 100 SMAs, but could not rise above the 200 SMA and PP Pivot at 1.0407.