2/29/2016 CNY Caixin Flash Manufacturing PMI (2045 EST)
Forecast: 48.4
Actual: 48.0
Previous Revision: n/a
DULL NO FILL
Started @ 2.1175
No Move on :31 Bar

1st Peak @ 2.1040 – 2105 (20 min)
27 ticks

Reversal to 2.1095 – 2117 (32 min)
11 ticks

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

Notes: Cancel the order with no move on the :31 bar. Delayed short move of 27 ticks occurred in the next 20 min.

2/19/2014 CNY HSBC Flash Manufacturing PMI (2045 EST)
Forecast: 49.4
Actual: 48.5
Previous Revision: -0.1 to 49.5
SPIKE WITH 2ND PEAK
Started @ 3.2840
1st Peak @ 3.2735 – 2045:00 (1 min)
21 ticks

Reversal to 3.2815 – 2045:23 (1 min)
16 ticks

2nd Peak @ 3.2655 – 2059 (14 min)
37 ticks

Reversal to 3.2700 – 2108 (23 min)
9 ticks

Notes: Report disappointed the traders, with a negligible previous report downward revision. This caused a short spike of 21 ticks that started on the 50 SMA and just above the S1 Mid Pivot, crossed the 100 and 200 SMAs, then hit the OOD and nearly reached the S2 Mid Pivot. With JOBB, you would have filled short at 3.2770 with about abnormally high 11 ticks of slippage. As it fell quickly through several strong support barriers, it retreated quickly and substantially for 16 ticks in 23 sec. This would have see up to 9 ticks of heat unless you had a slightly worse fill it would have stopped you out. It then fell to hover around -4 ticks in the latter part of the bar between the S1 Pivot and the 200 SMA. You could exit with about 2-4 ticks loss or wait for the following 2nd peak which is strongly likely on this report, and with the larger bearish offset on the result. It fell for another 16 ticks below the OOD in the next 13 min, crossing the S2 Pivot. Then it reversed for 9 ticks back to the S2 Pivot and 13 SMA.

4/22/2014 CNY HSBC Flash Manufacturing PMI (2145 EDT)
Forecast: 48.4
Actual: 48.3
Previous Revision: -0.1 to 48.0
DULL REACTION…SPIKE / REVERSE
Started @ 3.0215
1st Bar only 1 tick movement
1st Peak @ 3.0290 – 2155 (10 min)
15 ticks

Reversal to 3.0240 – 2203 (18 min)
5 ticks

Notes: Report was nearly matching with a small previous report downward revision. This caused a yawner initially with only 1 tick movement. With JOBB, cancel the order after no movement in 10-15 sec. Strangely, it rallied later on the :53-55 bars for 15 ticks, crossing the 200 SMA and R1 Mid Pivot. Then it reversed for 10 ticks, crossing the 13 SMA. After that it traded sideways and reacted to another unannounced news event at 2230.
We also recommended the 6A as an alternative to the HG with limit orders using 10 as the slippage setting. It saw a short spike of 11 ticks, allowing about 4 ticks to be captured.

6/22/2014 CNY HSBC Flash Manufacturing PMI (2145 EDT)
Forecast: 49.7
Actual: 50.8
Previous Revision: -0.3 to 49.4
SPIKE WITH 2ND PEAK
Started @ 3.1320
1st Peak @ 3.1395 – 2147 (2 min)
15 ticks

2nd Peak @ 3.1435 – 2151 (6 min)
23 ticks

Reversal to 3.1350 – 2203 (18 min)
17 ticks

Notes: Report impressed the traders with a small previous report downward revision. This caused a nice healthy long spike that started on the 13 SMA of an upward trend and rose to cross the R1 Pivot, and eclipse the HOD. With JOBB, your long order would have filled at about 3.1345 with 2 ticks of slippage. Then it would have given you an opportunity to exit with up to 8 ticks later in the bar. After the peak, it hovered in a tight range near the HOD for 4 min before climbing for a 2nd peak of 8 more ticks to reach the R2 Mid Pivot. Then it reversed for 17 ticks to the R1 Pivot in the next 12 min. After that it continued to trend upward over the next few hours.
We also recommended the 6A as an alternative to the HG with limit orders using 10 as the slippage setting. It saw a long spike of 29 ticks, that would not have filled as the slippage was excessive.

8/20/2014 CNY HSBC Flash Manufacturing PMI (2145 EDT)
Forecast: 51.5
Actual: 50.3
Previous Revision: -0.3 to 51.7
SPIKE / REVERSE
Started @ 3.1645
1st Peak @ 3.1555 – 2148 (3 min)
18 ticks

Reversal to 3.1625 – 2156 (11 min)
14 ticks

Pullback to 3.1595 – 2203 (18 min)
6 ticks

Reversal to 3.1640 – 2208 (23 min)
9 ticks

Extended Reversal to 3.1675 – 2313 (28 min)
16 ticks

Notes: Report disappointed the traders with a negligible previous report downward revision. This caused a healthy short spike that started on the 50 SMA falling on a downward trend and fell to reach the PP Pivot in 3 bars and extend the LOD. With JOBB, your short order would have filled at about 3.1605 with 5 ticks of slippage. Then it would have given you an opportunity to exit with up to 9-10 ticks on the :48-:52 bars as it could not penetrate the PP Pivot. After the peak, it reversed 14 ticks to the 50 SMA in 8 min. Then it pulled back 6 ticks before reversing for 9 ticks in the next 12 min. Then it climbed another 7 ticks to eclipse the 200 SMA.

We also recommended the 6A as an alternative to the HG with limit orders using 10 as the slippage setting. It saw a short spike of 31 ticks that would not have filled as the slippage was excessive. It would have allowed a good reversal trade opportunity as it seemed uncomfortable trading below the S2 Pivot while the 6A rarely goes for 2nd peaks on this report. A buy around 0.9226 on the :47 bar would have yielded up to 12 ticks in about 12 min as it reached the 13/20 SMAs.