Aug 062012
 


CL 10 12 (1 Min) 08.06.12

8/6/2012 FED Chairman Bernanke Speech (0300 HI time / 0900 EDT)
Forecast: n/a
Actual: n/a
DULL REACTION
Started @ 91.11
Peak @ 91.02 / Retrace to 91.15 – 0401 (1 min)
-9 ticks / 4 ticks

Notes: Nothing shocking to the market enough to cause a significant reaction. In this case the JOBB would not have filled after 10 sec, so cancel the order. If you did not cancel before you got filled, then move the stop in tightly and try to close with a small profit or loss (3-5 ticks).