2/1/2012 Monthly ADP Non-Farm Employment Change (0315 HI time / 0815 EST)
Previous Revision:-33K to 292k
Started @ 99.11
Peak @ 99.06 / Retrace to 99.26 – 0316 (1 min)
-5 ticks / 15 ticks
Notes: Report mildly fell short of forecast, and previous report revised largely downward. The 0316 candle initially fell would have gotten you in with 1-3 ticks of profit, then hovered for about 7 sec for retracing. I would close out at that point, breaking even or eating a small 2-4 tick loss.