26th Oct – Bund Daily Analysis

Main trade – Inside day after trend day, looking for continuation. Prefer longs at 21-11 and on bac of 72 on erc.v and first pullback.  Beware of possibility of another range day or pullback due to bof of prev day / weekly hi at 57.67. 57.11 is daily marabuzzo line. So this area is a red flag for the continuation upwards 

 
 

Key News 0900 Ger IFO

1035 GER Aict

1400 US New Home Sales

1530 US Auct

Stats DATR  0.74+

WATR 2.12 –

WK.50%    56.75

M.50% 54.72

Weekly Summary – Inside week x 3 with strong bull close and bof of Hi (Hi 57.67 / Lo 55.42)

Previous Day –  Inside down day with n.bear close inside prev trend day

Bias – Long Bias, sc 3.2

What happened – OIR unable to test prev day hi and rot back to p.vah/hvn and into bal till mc

Hypo 1 – Range – if price holds / bof 60-72 then shorts t 46 t2 33, if price holds 57.21-11 then longs t 33 t2 46

Hypo 2 – Up – if price bac 72 then longs t 89-99 bac 99 t1 13 t2 30

Hypo 3 – Down – if price bas 21 t 11 bac 11 then shorts t 95-89 t2 56.75-.68 t3 56-42

Red flag levels – For short trades bac 157.72 For long trades  bac 57.21/11

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