6A 06 12 (1 Min) 05.09.12
5/9/2011 Monthly Unemployment Report (1530 HI time / 2130 EDT)
Non Farm Jobs Forecast: -4.8K
Non Farm Jobs Actual:15.5K
Previous Revision:-6.4K to 37.6K
Rate Forecast: 5.3%
Rate Actual:4.9%
SPIKE WITH 2ND PEAK
Started @ 1.0024
1st Peak @ 1.0060 – 1531 (1 min)
36 ticks
2nd Peak @ 1.0083 – 1620 (50 min)
59 ticks
Reversal to 1.0036 – 1736 (126 min)
47 ticks
Notes: Very Strong positive report that exceeded the forecast with a mild downward revision to the previous strong report (not surprising) causing a healthy spike upward. The 1531 candle rose 36 ticks crossing the 50 SMA near the origin and the R1 Pivot near the peak. The peak was achieved late in the candle at about 37 sec into the :31 candle after hovering for 20 sec between 1.0045 and 1.0055 (ideal and safe exit). After a quick and small pullback, it sought out a 2nd peak gradually rising for another 23 ticks in 50 minutes. The reversal yielded 47 ticks over an hour after the 2nd peak dipping below the 200 SMA.
6A 06 12 (2 Range) 04.11.12
6A 06 12 (1 Min) 04.11.12
4/11/2011 Monthly Unemployment Report (1530 HI time / 2130 EDT)
Non Farm Jobs Forecast: 6.4K
Non Farm Jobs Actual: 44.0K
Previous Revision: n/a
Rate Forecast: 5.3%
Rate Actual:5.2%
SPIKE / RETRACE
Started @ 1.0231
1st Peak @ 1.0300 – 1531 (1 min)
69 ticks
Reversal to 1.0271 – 1553 (23 min)
29 ticks
Notes: Very Strong positive report that exceeded the forecast with no revision to the previous report causing a large spike upward. The 1531 candle went up about nearly 70 ticks crossing all three SMAs near the origin and the R1 / R2 Pivots roughly 1/3 and 2/3 up the path. The peak was achieved about 13 sec into the :31 candle, then it retreated to hover in between 1.0290 and 1.0278 then fell 50 before rebounding and continuing upward. Since it only stayed up at 1.0030 for about 1 sec, this would have been hard to get, but still good for at least 1.0285 on the close. The reversal yielded 29 ticks to just brush the R2 Pivot 23 min after the spike.
6A 03 12 (2 Range) 03.07.12
6A 03 12 (1 MIn) 03.07.12
3/7/2012 Monthly Unemployment Report (1430 HI time / 1930 EST)
Non Farm Jobs Forecast: 5.1K
Non Farm Jobs Actual:-15.4K
Previous Revision: -0.1K to 46.2K
Rate Forecast: 5.2%
Rate Actual: 5.2%
SPIKE / RETRACE
Started @ 1.0559
1st Peak @ 1.0521 – 1431 (1 min)
38 ticks
Reversal to 1.0562 – 1445 (15 min)
41 ticks
Notes: Strongly negative report that fell short of the forecast with a negligible revision to the previous report causing a large spike downward. The 1431 candle spiked down about 17 ticks, then pulled back before ratcheting down to 1.0521 7 seconds later. Then it hovered for about 4 sec in the 1.0524 – 1.0526 area which is where to close out. Reversal happened quickly to erase the entire loss in 15 min hitting the 100 SMA and unable to cross.
6A 03 12 (1 Min) 01.18.12
1/18/2012 Monthly Unemployment Report (1430 HI time / 1930 EST)
Non Farm Jobs Forecast: 10.2K
Non Farm Jobs Actual:-29.3K
Previous Revision: -1.2K to -7.5K
Rate Forecast: 5.3%
Rate Actual:5.2%
SPIKE / RETRACE
Started @ 1.0357
1st Peak @ 1.0307 – 1431 (1 min)
50 ticks
Reversal to 1.0343 – 1433 (3 min)
36 ticks
Notes: Strongly negative report that fell short of the forecast with a meager negative revision to the previous report causing a large spike downward. However, it could not hang on to the bottom 19 ticks due to crossing the PP line, hitting the S1 line, and digesting the improvement to the rate despite nearly 30k jobs lost. The market shot down hitting the S1 line and bounced up and down 12 ticks for about 7 seconds before pulling back. Watching the range chart and seeing it repetitively hit the S1 line, I would close out in that area.
6A 03 12 (2 Range) 02.15.12
6A 03 12 (1 Min) 02.15.12
2/15/2012 Monthly Unemployment Report (1430 HI time / 1930 EST)
Non Farm Jobs Forecast: 10.5K
Non Farm Jobs Actual:46.3K
Previous Revision:-6.3K to -35.6K
Rate Forecast: 5.3%
Rate Actual:5.1%
SPIKE / RETRACE
Started @ 1.0650
1st Peak @ 1.0707 – 1431 (1 min)
57 ticks
Reversal to 1.0676 – 1443 (13 min)
31 ticks
Notes: Strongly positive report that exceeded the forecast with a negative revision to the previous report causing a large spike upward. The 1431 candle had a big initial spike, retraced most of it, then ratcheted upward to 1.0707 at 18 sec, then pulled back 10 ticks and hovered for about 20 sec before rising 5 ticks to close out the candle. I would close out where it hovered, 10 ticks off the peak. Reversal was faster than normal gaining 31 ticks in 12 min.