May 032012
 


NG 06 12 (1 Min) 05.03.12

5/3/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: 31B
Actual: 28B
INDECISIVE
Started @ 2.325
1st Peak @ 2.345 / Reverse to 2.297 – 0431 (1 min)
20 ticks / -28 ticks

Notes: Nearly a matching report, caused indecision and a double wicker of 48 ticks from top to bottom. JOBB appears to no longer be a safe play for this report due to the high slippage, volatility, and propensity to bypass the JOBB safety stop gates. A trap order would have been a good strategy or a manual order a few minutes into the report.