6/10/2016 World Agriculture Supply and Demand Estimates (WASDE) – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
SPIKE / REVERSE
Started @ 427.25
1st Peak @ 437.00 – 1200:28 (1 min)
39 ticks

Reversal to 430.50 – 1200:37 (1 min)
26 ticks

Pullback to 433.75 – 1203 (3 min)
13 ticks

Reversal to 424.25 – 1207 (7 min)
38 ticks

Pullback to 431.25 – 1209 (9 min)
28 ticks

Reversal to 420.00 – 1223 (23 min)
45 ticks

Expected Fill: 430.00 (long)
Slippage: 6 ticks
Best Initial Exit: 436.75 – 27 ticks
Recommended Profit Target placement: 435.00 (just above the R3 Pivot), 436.75 (just above the R4 Mid Pivot), 438.75 (just above the R4 Pivot)

Notes: Beautiful long spike that was stepped up and hovered before reversing strongly after 30 sec. Be sure to take precautions upon the hovering below the R4 Mid Pivot.

4/12/2016 World Agriculture Supply and Demand Estimates (WASDE) – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
SPIKE WITH 2ND PEAK
Started @ 364.00
1st Peak @ 360.00 – 1200:15 (1 min)
16 ticks

Reversal to 363.50 – 1203 (3 min)
14 ticks

Pullback to 360.25 – 1204 (4 min)
13 ticks

Reversal to 362.00 – 1206 (6 min)
7 ticks

2nd Peak @ 357.75 – 1212 (12 min)
25 ticks

Reversal to 361.00 – 1215 (15 min)
13 ticks

Expected Fill: 362.75 (short)
Slippage: 0 ticks
Best Initial Exit: 360.25 – 10 ticks
Recommended Profit Target placement: 360.50 (just below the R2 Mid Pivot) and 357.75 (just below the PP Pivot)

Notes: Nice stable short spike of 16 ticks with a no slippage fill allowed up to 10 ticks to be captured. Typical quick swings followed to give way for a 2nd peak of 9 more ticks to the PP Pivot.

2/9/2016 World Agriculture Supply and Demand Estimates (WASDE) – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
DULL FILL
Started @ 360.75
1st Peak @ 359.25 – 1200:20 (1 min)
6 ticks

Reversal to 362.50 – 1208 (8 min)
13 ticks

Pullback to 360.75 – 1210 (10 min)
7 ticks

Reversal to 362.75 – 1218 (18 min)
8 ticks

Pullback to 359.50 – 1318 (78 min)
13 ticks

Expected Fill: 359.50 (short)
Slippage: 0 ticks
Best Exit: 359.25 – 1 tick
Recommended Profit Target placement: 355.25 (below the S3 Mid Pivot) – move up after small spike

Notes: Dull reaction barely filled then hovered just above the S2 Mid Pivot for 2 min. Look to exit between breakeven and 2 ticks loss. The subsequent swings were also small.

12/9/2015 World Agriculture Supply and Demand Estimates (WASDE) – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
SPIKE WITH 2ND PEAK
Started @ 377.00
1st Peak @ 373.75 – 1201:32 (1 min)
13 ticks

Reversal to 376.50 – 1206 (6 min)
11 ticks

2nd Peak @ 370.25 – 1237 (37 min)
27 ticks

Reversal to 374.75 – 1417 (137 min)
18 ticks

Expected Fill: 375.75 (short)
Slippage: 0 ticks
Best Exit: 374.00 – 7 ticks
Recommended Profit Target placement: 371.50 (below the S2 Mid Pivot) – move up after small spike

Notes: Unusual reaction that was slow to break and about half the size of normal.

10/9/2015 World Agriculture Supply and Demand Estimates (WASDE) – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
SPIKE / REVERSE
Started @ 389.50
1st Peak @ 383.50 – 1200:05 (1 min)
24 ticks

Reversal to 390.25 – 1201:29 (2 min)
27 ticks

Pullback to 385.50 – 1203 (3 min)
19 ticks

Reversal to 393.25 – 1207 (7 min)
31 ticks

Pullback to 387.75 – 1215 (15 min)
22 ticks

Expected Fill: 388.25 (short)
Slippage: 0 ticks
Best Exit: 383.75 – 18 tics
Recommended Profit Target placement: 384.50 (below the S3 Mid Pivot) or 381.75 (below the S3 Pivot)

Notes: As this report is often prone to reverse after a few seconds, note the hovering in the first 17 sec and the inability to breakout below 383.50 and exit quickly or reverse the order.