Nov 042011
 


CL 03 12 (1 Min) 11.04.11

11/4/2011 Monthly Unemployment Report (0230 HI time / 0830 EDT)
Non Farm Jobs Forecast: 97K
Non Farm Jobs Actual:80K
Previous Revision:+55K to 158K
Rate Forecast: 9.1%
Rate Actual:9.0%
INDECISIVE
Started @ 94.78
1st Peak @ 94.06 / 94.93 – 0231 (1 min)
-72 ticks / 15 ticks

Notes: Mixed report that disappointed the forecast with jobs created, but excelled with an upward revision to the previous report and the rate falling. This mixed news caused indecision with a huge tail on the 0231 candle and a seesaw in the following 15 minutes. Still if you played it wisely and noticed the hovering for about 12 sec at the 94.10 level, you could have captured a good profit.