CL 04 12 (1 Min) 03.07.12

3/7/2012 Monthly ADP Non-Farm Employment Change (0315 HI time / 0815 EST)
Forecast: 204K
Actual:216K
Previous Revision: +3K to 173K
DULL REACTION
Started @ 105.13 (before premature spike)
Peak @ 105.20 / Retrace to 105.09 – 0316 (1 min)
7 ticks / -4 ticks

Notes: Report slightly exceeded forecast, with a negligible previous report revision. The 0315 candle spiked up at the end 7 ticks before reversing for 11 ticks. If using JOBB, your order would not have filled long due to the fast movement and slippage. Close out the order after it did not fill.