9/7/2012 Monthly Unemployment Report (0230 HI time / 0830 EDT)
Employment Change Forecast: 9.9K
Employment Change Actual: 34.3K
Previous Revision: n/a
Rate Forecast: 7.3%
Rate Actual: 7.3%
SPIKE/REVERSE
Started @ 1.0186
1st Peak @ 1.0173 – 0231 (1 min)
13 ticks

Reversal to 1.0199 – 0232 (2 min)
26 ticks

2nd Reversal Peak @ 1.0222 – 0243 (13 min)
49 ticks

Notes: Strongly positive report showing a healthy rise in the number of jobs in spite of no change in the unemployment rate. This broke at the same time as the US Non Farm Employment report which was strongly negative and caused the dollar to drop. This caused the 6C to drop initially, but it quickly rebounded and followed the fall of the dollar and the strong report. I advised against trading this report due to the US NFP parallel and superior influence. This initial action was hampered by the 3 major SMAs near the origin, then the R1 Pivot was crossed on the reversal 2nd peak

7/6/2012 Monthly Unemployment Report (0230 HI time / 0830 EDT)
Non Farm Jobs Forecast: 5.1K
Non Farm Jobs Actual: 7.3K
Previous Revision: n/a
Rate Forecast: 7.3%
Rate Actual: 7.2%
INDECISIVE then DOWNWARD FAN
Started @ 0.9836
1st Peak @ 0.9845 / Reversal to 0.9825 – 0231 (1 min)
9 ticks / -11 ticks

2nd Peak @ 0.9805 – 0252 (22 min)
31 ticks

Reversal to 0.9825 – 0319 (49 min)
20 ticks

Notes: Mildly positive report showing a small rise in the number of jobs and 0.1% improvement in the unemployment rate. This broke at the same time as the US Non Farm Employment report which was strongly negative. This caused initial indecision followed by a short move that was driven by the dollar rallying. I advised against trading this report due to the US NFP parallel and superior influence. This initial action was hampered by the 3 major SMAs near the origin, then the S1 Pivot was crossed about halfway down the path that terminated just above the S2 Pivot. The reversal rose to just below the S1 Pivot.

6/8/2012 Monthly Unemployment Report (0230 HI time / 0830 EDT)
Forecast: 10.0K
Actual: 7.7K
Previous Revision: n/a
Rate Forecast: 7.3%
Rate Actual: 7.3%
SPIKE / REVERSE
Started @ 0.9676
1st Peak @ 0.9654 – 0231 (1 min)
22 ticks

Reversal to 0.9682 – 0235 (5 min)
28 ticks

Notes: Slightly negative report showing a smaller than expected # of jobs created compared to what was expected with no change in the unemployment rate. Not surpirisingly the market shorted for only 22 ticks, and pulled back sharply. The pullback was aide by the crossing of all 3 major SMAs and the S3 Pivot. With JOBB you would have filled short at about 0.9663. The move to 0.9654 and bounce was almost instantaneous, then the market hovered between a 2 tick profit and 9 tick loss. I would move the stop loss to 0.9674, just above the 200 SMA and place an exit at 0.9665 just below the 100 SMA looking to take a 2 tick loss. The volume dried up at the end of the :31 bar, but the 0.9665 exit would have filled on the :32 bar before the reversal headed to 0.9682 3 min later.