11/9/2012 FED Chairman Bernanke Speech (0430 HI time / 0930 EST)
DULL REACTION / INDECISIVE
Started @ 96.21
-11 ticks then +17 ticks, then -18 ticks in the 0431 candle
Reversal to 98.86 – 0737 (7 min)
Notes: Nothing shocking to the market enough to cause a significant reaction. In this case the JOBB would have filled long in the first second, retraced 12 ticks, then come back to give you a small profit about 30 seconds into the 0431 candle-close out there. The reaction was also constrained by the tight FIST.