6A 03 12 (1 Min) 11.02.11

 Monthly Retail Sales  Comments Off on 6A 03 12 (1 Min) 11.02.11
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.

6A 03 12 (1 Min) 10.04.11

 Monthly Retail Sales  Comments Off on 6A 03 12 (1 Min) 10.04.11
Oct 042011
 


6A 03 12 (1 Min) 10.04.11

10/4/2011 Monthly Retail Sales (1430 HI time / 2030 EST)
Forecast: 0.3%
Actual: 0.6%
Previous Revision: +0.1% to 0.6%
Spike / RETRACE
Started @ 0.9329
1st Peak @ 0.9359 – 1431 (1 min)
30 ticks

Reversal to 0.9306 – 1451 (21 min)
53 ticks

Notes: Report exceeded the forecast, with a small upward previous report revision. This caused a moderate spike that crossed the 50 SMA and briefly eclipsed the 100 SMA before retreating. After observing the spike barely eclipse the 100 SMA, close out, especially with the 200 SMA looming above. As a downward FAN commenced about 30 min before the report, the positive spike was an overreaching gap close that quickly reversed. Reversal continued with the grain of the FAN yielding 53 ticks from the peak in only 20 minutes.

6A 03 12 (1 Min) 08.31.11

 Monthly Retail Sales  Comments Off on 6A 03 12 (1 Min) 08.31.11
Aug 312011
 


6A 03 12 (1 Min) 08.31.11

8/31/2011 Monthly Retail Sales (1530 HI time / 2130 EDT)
Forecast: 0.3%
Actual: 0.5%
Previous Revision: n/a
Spike with 2nd peak
Started @ 1.0441
1st Peak @ 1.0481 – 1534 (4 min)
40 ticks

2nd Peak @ 1.0485 – 1546 (16 min)
44 ticks

Reversal to 1.0466 – 1625 (55 min)
19 ticks

Notes: Report exceeded the forecast, with no previous report revision. This delivered a healthy spike upward and a 2nd peak 4 ticks higher 12 min later (16 min). All three SMAs were crossed close to the origin of the spike, so definitely wait for a Peak on a later candle. Reversal slowly yielded 19 ticks and had very little difficulty crossing the 50 SMA.

6A 03 12 (1 Min) 08.02.11

 Monthly Retail Sales  Comments Off on 6A 03 12 (1 Min) 08.02.11
Aug 022011
 


6A 03 12 (1 Min) 08.02.11

8/2/2011 Monthly Retail Sales (1530 HI time / 2130 EDT)
Forecast: 0.4%
Actual: -0.1%
Previous Revision: n/a
Spike with 2nd peak
Started @ 1.0461
1st Peak @ 1.0408 – 1531 (1 min)
53 ticks

2nd Peak @ 1.0399 – 1542 (12 min)
62 ticks

Reversal to 1.0436 – 1619 (49 min)
37 ticks

Notes: Report fell well short of the forecast, with no previous report revision. This delivered a large spike downward and a 2nd peak 9 ticks lower 12 min later. No SMAs were crossed, so definitely wait for the 2nd Peak. Reversal yielded 37 ticks and had very little difficulty crossing the 50 SMA.

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