The day it flipped

One release where the expected reading and the day went opposite ways, and what that settles about trading the number.

The clearest argument against trading a release comes from a release.

What happened

The number came in below the forecast. By the convention in the last lesson, that is the weak reading for the dollar.

The candle at the print did move the way the convention describes. Then it stopped, turned, and the dollar spent the rest of that session going the other way.

Figure 1 · A chart with the release marked by a dashed line, one sharp candle down at the print, then price climbing back through the release level and trending up for the rest of the session

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