6A 09-14 (1 Min) 9.8.2014

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Sep 182014
 

6A 09-14 (1 Min)  9_8_2014

9/8/2014 NAB Business Confidence (2130 EDT)
Forecast: n/a
Actual: 8
Previous Revision: -1 to 10
SPIKE / REVERSE
Started @ 0.9285
1st Peak @ 0.9269 – 2130:42 (1 min)
16 ticks

Reversal to 0.9281 – 2141 (11 min)
12 ticks

Pullback to 0.9274 – 2147 (17 min)
7 ticks

Notes: Report came in 3 pts lower than last month with a 1 pt downward previous revision. This caused a 16 tick short spike that started on the HOD and fell to cross all 3 major SMAs, the S1 Mid Pivot, and OOD while extending the LOD 2 ticks. The reaction fell 10 ticks quickly, but secured the remaining 6 ticks slowly, then hovered near the LOD. With JOBB, your short entry would have filled at 0.9279 with 2 ticks of slippage, then given you an opportunity to exit with 8+ ticks near the LOD late in the :31 bar. Then it reversed 12 ticks in the next 10 min to the S1 Mid Pivot. After that it fell 7 ticks in the next 6 min to the OOD and continued to oscillate around the SMAs for another 30 min before falling further on other news.

6A 12-14 (1 Min) 10.13.2014

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Oct 252014
 

6A 12-14 (1 Min)  10_13_2014

10/13/2014 NAB Business Confidence (2030 EDT)
Forecast: n/a
Actual: 5
Previous Revision: -1 to 7
SPIKE / REVERSE
Started @ 0.8709
1st Peak @ 0.8697 – 2030:00 (1 min)
12 ticks

Reversal to 0.8710 – 2032 (2 min)
13 ticks

Pullback to 0.8699 – 2039 (9 min)
11 ticks

Reversal to 0.8705 – 2044 (14 min)
6 ticks

Notes: Report came in 3 pts lower than last month with a 1 pt downward previous revision. This caused a 12 tick short spike that started in between the 50 and 20 SMAs and fell to cross the S1 Pivot and extend the LOD. The reaction fell 12 ticks immediately, then retreated 6 ticks but regained most of it later in the bar. With JOBB, your short entry would have filled at 0.8703 with 2 ticks of slippage, then given you an opportunity to exit with 2-3 ticks on the S1 Pivot where it hovered in the middle of the :31 bar before reversing. After that it reversed 13 ticks in 1 bar back to the 50 SMA. Then it pulled back 11 ticks in the next 7 min to the S1 Pivot before reversing 6 ticks in 5 min. After that it tested the S1 Pivot one more time then engaged in a long and slow developing long rally due to other market factors.

6A 12-14 (1 Min) 11.10.2014

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Nov 292014
 

6A 12-14 (1 Min)  11_10_2014

11/10/2014 NAB Business Confidence (1930 EST)
Forecast: n/a
Actual: 4
Previous Revision: n/a
SPIKE WITH 2ND PEAK
Started @ 0.8597
1st Peak @ 0.8606 – 1930:09 (1 min)
9 ticks

Reversal to 0.8598 – 1930:58 (1 min)
8 ticks

2nd Peak @ 0.8630 – 2040 (70 min)
33 ticks

Reversal to 0.8618 – 2055 (85 min)
12 ticks

Notes: Report came in 1 pt lower than last month with no previous revision. This caused a small 9 tick long spike that started just below the 200 SMA and rose to cross the 100/50 SMAs. It hovered near the top for 35 sec before falling 8 ticks as the bar was expiring. With JOBB, your long entry would have filled at 0.8602 with 1 tick of slippage, then given you an opportunity to exit with 2-3 ticks above the 100/50 SMAs where it hovered before reversing. After the 8 tick reversal, it climbed slowly but steadily for a 2nd peak of 24 more ticks to the R1 Pivot in 70 min. Then it reversed 12 ticks in 15 min to the R1 Mid Pivot.

6A 12-14 (1 Min) 12.8.2014

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Jan 012015
 

6A 12-14 (1 Min)  12_8_2014

12/8/2014 NAB Business Confidence (1930 EST)
Forecast: n/a
Actual: 1
Previous Revision: +1 to 5
SPIKE / REVERSE
Started @ 0.8267
1st Peak @ 0.8251 – 1932:41 (3 min)
16 ticks

Reversal to 0.8261 – 1935 (5 min)
10 ticks

Pullback to 0.8252 – 1938 (8 min)
9 ticks

Reversal to 0.8264 – 1945 (15 min)
12 ticks

Notes: Report came in 3 pts lower than last month with a 1 pt upward previous revision. This caused a 13 tick short spike in 22 sec that started just below the S2 Pivot and fell to cross the S3 Mid Pivot. It retreated then fell another 3 additional ticks in the next 2 min. With JOBB, your short entry would have filled at 0.8262 with 1 tick of slippage, then given you an opportunity to exit on the S3 Mid Pivot with 7 ticks where it hovered for 13 sec before retreating. After the peak on the :33 bar, it reversed 10 ticks in 2 min before pulling back 9 ticks in 3 min. Then it reversed 12 ticks in 7 min as it crossed the 13/20 SMAs.

6A 03-15 (1 Min) 1.26.2015

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Feb 152015
 

6A 03-15 (1 Min)  1_26_2015

1/26/2015 NAB Business Confidence (1930 EST)
Forecast: n/a
Actual: 2
Previous Revision: n/a
SPIKE WITH 2ND PEAK
Started @ 0.7889
1st Peak @ 0.7897 – 1930:07 (1 min)
8 ticks

Reversal to 0.7881 – 1932 (2 min)
10 ticks

Pullback to 0.7892 – 1944 (14 min)
11 ticks

Reversal to 0.7879 – 1956 (26 min)
13 ticks

Final Peak @ 0.7905 – 2102 (92 min)
16 ticks

Notes: Report came in 1 pt lower than last month with no previous revision. This caused an 8 tick long spike in 7 sec that started just below the old OOD position then climbed to cross several barriers – all 3 major SMAs, the PP Pivot, and OOD. This prompted a short hovering and reversal after about 20 sec. With JOBB, your long entry would have filled at 0.7893 with no slippage, then given you an opportunity to exit with 1-2 ticks when it hovered. This would have been a good reversal setup too with all the resistance barriers and narrow offset on the result. It fell 10 ticks from the peak to cross the S1 Mid Pivot and extend the LOD before pulling back 11 ticks to the PP Pivot on 12 min. Then it reversed 13 ticks in 12 min before climbing for a final peak of 8 more ticks in the next hour, crossing the R1 Mid Pivot and extending the HOD.

6A 03-15 (1 Min) 2.9.2015

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Mar 052015
 

6A 03-15 (1 Min)  2_9_2015

2/9/2015 NAB Business Confidence (1930 EST)
Forecast: n/a
Actual: 3
Previous Revision: n/a
DULL REACTION – FILL (SPIKE WITH 2ND PEAK)
Started @ 0.7781
1st Peak @ 0.7786 – 1930:07 (1 min)
5 ticks

Reversal to 0.7782 – 1934 (4 min)
4 ticks

2nd Peak @ 0.7794 – 1937 (7 min)
13 ticks

Reversal to 0.7787 – 1945 (15 min)
7 ticks

Notes: Report came in 1 pt higher than last month with no previous revision. This caused a meager 5 tick long spike in 7 sec that started on the OOD and rose to cross the 100 SMA. With JOBB, your long entry would have filled at 0.7780 with no slippage, then allowed an exit between 2 ticks loss and Breakeven as it tamely hovered around the 100 SMA. After a small reversal of 4 ticks in 3 min, it climbed 8 more ticks for a 2nd peak after 3 min to cross the S1 Mid Pivot, 200 SMA, and extend the HOD. Then it reversed 7 ticks in 8 min to the 200 SMA.

6A 03-15 (1 Min) 3.9.2015

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Mar 232015
 

6A 03-15 (1 Min)  3_9_2015

3/9/2015 NAB Business Confidence (2030 EDT)
Forecast: n/a
Actual: 0
Previous Revision: n/a
SPIKE WITH 2ND PEAK
Started @ 0.7674
1st Peak @ 0.7668 – 2030:10 (1 min)
6 ticks

Reversal to 0.7674 – 2035 (4 min)
6 ticks

2nd Peak @ 0.7661 – 2041 (11 min)
13 ticks

Reversal to 0.7674 – 2057 (27 min)
13 ticks

Notes: Report came in 3 pts lower than last month with a reading of 0 with no previous revision. This caused a 6 tick short spike in 10 sec that started on the 13 SMA and fell to cross the S3 Mid Pivot and nearly reach the LOD. With JOBB, your short entry would have filled at 0.7670 with no slippage, then allowed an exit with 1-2 ticks of profit where it hovered for over a minute below the S3 Mid Pivot. After 3 min it reversed 6 ticks back to the 20 SMA before falling for a 2nd peak of 7 more ticks as it extended the LOD in 7 min. Then it reversed 13 ticks to the 50 SMA in 16 min.

6A 06-15 (1 Min) 4.13.2015

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Apr 212015
 

6A 06-15 (1 Min)  4_13_2015

4/13/2015 NAB Business Confidence (2130 EDT)
Forecast: n/a
Actual: 3
Previous Revision: n/a
SPIKE / REVERSE
Started @ 0.7577
1st Peak @ 0.7594 – 2132:53 (3 min)
17 ticks

Reversal to 0.7579 – 2147 (17 min)
15 ticks

Notes: Report came in 3 pts higher than last month with a reading of 3 with no previous revision. This caused a 17 tick long spike in nearly 3 min that started on the 50 SMA and rose to cross the R2 Mid Pivot then reach the R2 Pivot and extend the LOD. With JOBB, your long entry would have filled at 0.7582 with 1 tick of slippage, then allowed a patient exit with up to 11 ticks of profit where it hovered on the R2 Pivot for about 20 sec. After hovering further for 4 min around the R2 Pivot, it reversed 15 ticks in 10 min as it crossed the 50 SMA.

6A 06-15 (1 Min) 5.10.2015

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May 152015
 

6A 06-15 (1 Min)  5_10_2015

5/10/2015 NAB Business Confidence (2130 EDT)
Previous: 3
Actual: 3
Previous Revision: n/a
DULL REACTION – NO FILL
Started @ 0.7899
1st Bar Span 0.7899 to 0.7900 – 2100 (1 min)
1 tick

Notes: Report came in matching the last month with no previous revision. This caused no reaction and did not even budge until 41 sec into the :31 bar. This would have made it an easy decision to cancel the order with no fill. After 2 min in fell about 8 ticks, but the market was already engaged in a downtrend prior to the news and was likely continuing the trend vice reacting to the news.

6A 09-15 (1 Min) 7.13.2015

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Aug 092015
 

6A 09-15 (1 Min)  7_13_2015

7/13/2015 NAB Business Confidence (2130 EDT)
Forecast: n/a
Actual: 10
Previous Revision: +1 to 8
SPIKE WITH 2ND PEAK
Started @ 0.7379
1st Peak @ 0.7394 – 2130:46 (1 min)
15 ticks

Reversal to 0.7389 – 2032 (2 min)
5 ticks

Final Peak @ 0.7407 – 2217 (47 min)
28 ticks

Reversal to 0.7398 – 2220 (50 min)
9 ticks

Notes: Report came in 3 pts higher than last month with a reading of 10 along with an upward previous revision. This caused a 15 tick long spike in 46 sec that started on the 13 SMA and rose to cross the R1 Mid Pivot and extend the HOD. With JOBB, your long entry would have filled at 0.7382 with no slippage, then allowed an exit with about 11 ticks of profit where it hovered at the peak just above the R1 Mid Pivot. After that it reversed 5 ticks before stepping higher for a final peak of 13 more ticks in 45 min as it eclipsed the R1 Pivot. Then it reversed 9 ticks in 3 min to the 50 SMA and traded sideways as volume dried up.