3rd Nov – Bund Daily Trade Plan

Main trade –  In bal, Main trade will be bac of this bal and join on first pullback, secondary trade will be bof of the extremes and trade back to mid of range.

Key News 

Stats

DATR 0.70- 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 –  Trend down day with bear close (bac of 53.96)

Bias – Short Bias sc. 2.2

What happened – OIR rot up to bof ONH and erc.v rot down thru y.low to test bz 61-48 and into balance

Hypo 1 – Down – if price holds / bof 82-88 (bal.h/ vah) then shorts 64-50 (bz/d.low) bac 50 shorts t 42 (p.low/vah/val) bac 42 t 30-18 (nvpoc/bz/t.line) t2 10-01 (hvn/comp vpoc/61fib) bac 01 t 55.85-72 (bz/w.low)

Hypo 2 – Range – if price holds / bof 53-43 then longs t 64 t2 75 t3 82-88, bac 88 t 96 (p.low/p.mid) t2 04-17 (w.d.val/vpoc), if price holds 04-17 then shorts t 88 t2 75

Hypo 3 – Up – if price bac 17 then longs t 26(hvn) t2 37-44 (sz/hi/comp.vah/p.w.vpoc) t4 56-61 (sz/hvn/W.vpoc)

Red flag levels – For short trades bac 156.89 then 57.15 For long trades  bac 56.43

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