6B 12-15 (1 Min) 10.27.2015

 GBP Prelim GDP  Comments Off on 6B 12-15 (1 Min) 10.27.2015
Jan 052016
 

6B 12-15 (1 Min) 10_27_2015

10/27/2015 Prelim GDP (0530 EDT)
Forecast: 0.6%
Actual: 0.5%
Previous Revision: n/a
TRAP TRADE (DULL – NO FILL)
Anchor Pt @ 1.5329 – shift 7 ticks lower to 1.5322
————
Trap Trade:
)))1st Peak @ 1.5304 – 0530:00 (1 min)
)))-18 ticks

)))Reversal to 1.5334 – 0530:15 (1 min)
)))30 ticks

)))Pullback to 1.5316 – 0530:58 (1 min)
)))-18 ticks
————
Reversal to 1.5348 – 0636 (66 min)
32 ticks

Trap Trade Bracket setup:
Long entries – 1.5287 (just below the S2 Pivot) / 1.5272 (No SMA / Pivot near)
Short entries – 1.5357 (in between the PP Pivot and HOD) / 1.5374 (just below the R1 Pivot)

Expected Fill: n/a
Best Initial Exit: n/a
Recommended Profit Target placement: n/a

Notes: Typical whipsaw, but too small by half for a fill on the inner tier.

6B 03-16 (1 Min) 1.28.2016

 GBP Prelim GDP  Comments Off on 6B 03-16 (1 Min) 1.28.2016
Feb 092016
 

6B 03-16 (1 Min) 1_28_2016

1/28/2015 Prelim GDP (0430 EST)
Forecast: 0.5%
Actual: 0.5%
Previous Revision: -0.1% to 0.4%
TRAP TRADE (DULL – NO FILL)
Anchor Pt @ 1.4256 – shift 7 ticks higher to 1.4263
————
Trap Trade:
)))1st Peak @ 1.4277 – 0430:33 (1 min)
)))21 ticks

)))Reversal to 1.4272 – 0430:41 (1 min)
)))-5 ticks
————
Pullback to 1.4299 – 0434 (4 min)
27 ticks

Reversal to 1.4286 – 0442 (12 min)
13 ticks

Final Peak @1.4347 – 0542 (72 min)
91 ticks

Reversal to 1.4283 – 0646 (136 min)
64 ticks

Trap Trade Bracket setup:
Long entries – 1.4228 (No SMA / Pivot near) / 1.4213 (No SMA / Pivot near)
Short entries – 1.4300 (just below the R1 Mid Pivot) / 1.4313 (No SMA / Pivot near)

Expected Fill: n/a
Best Initial Exit: n/a
Recommended Profit Target placement: n/a

Notes: Slow and small move due to the matching report, so cancel the order. It climbed slowly for 43 ticks in 4 min, and another 48 ticks in the next hour, then reversed 64 ticks in the following hour.