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CL and Jobs Report


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CL and Jobs Report

  #1 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
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Was it the Jobs Report that caused the CL to go beserk at 7:30 am CDT this morning...

I was just about to go long when the thing just hammered.... 100 tick swing in an instant.

Made the mini-dow look like a sand box.....


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #3 (permalink)
 
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 Snoop 
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NFP causes everything to move wildly (check out forex), even the minutes leading up to the release. Of all the economic releases, the first Friday of every month (usually) should be most noted.


tderrick View Post
Was it the Jobs Report that caused the CL to go beserk at 7:30 am CDT this morning...
I was just about to go long when the thing just hammered.... 100 tick swing in an instant.
Made the mini-dow look like a sand box.....


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  #4 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
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Broker: AMP / CQG
Trading: NQ, YM and ES
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Snoop View Post
NFP causes everything to move wildly (check out forex), even the minutes leading up to the release. Of all the economic releases, the first Friday of every month (usually) should be most noted.


Thank you for the info!!! Another nugget for the vault!


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #5 (permalink)
 
Snoop's Avatar
 Snoop 
Toronto, Ontario
 
Experience: Advanced
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You're welcome.

On the topic of news - check out the grain space. USDA report cut yields across the board, sending most grains limit up to start the 10:30a session. ie corn +6% wheat +9% beans +7%

Likely wiped out a few participants. Reminds me of the scene in Trading Places "Put the Duke brothers' seats on the exchange up for sale at once. Seize all assets of Duke and Duke Commodity Brokers..."

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Last Updated on October 8, 2010


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