Last week's Philly Fed Report

On Friday I had entries on both sides of the report. At 9:45, I waited for some kinda spike but it never came. I waited one minute and then two, so I cancelled the orders, and what do you know....!!! The spike came at around 9:48. I have been trading news for only about 3 months, and usually the movement happens right away. I wasn't expecting this. Do you guys have any suggestions on how long to keep your orders for news trading??thanks

hehe, i saw that too. I was like hmm, dont see that everyday. I usually dont trade the news unless my system is going through it, but i got to see that one

I saw that too and it happened today after the Philifed Indsex news. May be one can stay for about five minutes. Just may be...