2nd Nov – Bund Daily Trade Plan

Main trade –  

Key News 

0815 Span Man PMI 0845-0900 Vars EZ Man PMI 0930 UK Man PMI
1445 US Man PMI 1500 Us Man PMI 1630 US Auc

Stats

DATR 0.69- WATR 2.05 – WK.50% 57.78 M.50% 57.15

Weekly Summary – BOF of Inside week x 4 with close inside and BEPIN, bac 58.60 would invalidate BOF, bac of 56.96 would indicate test of weekly inside lows at 55.71/55.42. bac of 57.67 to the upside would be a warning.

Previous Day –  Neutral down with neutral bull close

Bias – Short Bias sc. 2.6

What happened – OIR rot up thru p.val and test of hvn and rej down to bof p.low and rot back to VAH and into bal

Hypo 1 – Range – If price holds / BOF 45-56 (sZ/hvn/w.vpoc) then shorts t 25 t2 17 t3 57.05-56.96(val,y.low), if price holds 05-96 then longs t 17 t2 25

Hypo 2 – Down – If price holds 37-42 (p.vah/p.val) or bac 25 then shorts t 176 t2 05-96 bac 96 then shorts t 89-80 (hvn/38fib) t2 68 (p.hi) t3 (53-43 (nvpoc/fresh bz)

Hypo 3 – Up – if price bac 56 then longs t 68-73 (lvn/p.vpoc/p.supp) t2 83(nvpoc) t3 91-02 (fomc.l/sz)

Red flag levels – For short trades bac 157.56 For long trades  bac 56.96

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