4th Nov – Bund Daily Trade Plan

Main trade –

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 –  Neutral Down day with bear close

Bias – Short Bias sc. 2.6

What happened – OIR rot up to test and rej prev val and choppy/grinding rot down to bz and pivot low at 42 for mc

Hypo 1 – Down – if price holds bof 60-66 then shorts t 47-42 (bz/low), bac 42 then shorts t 31-18 (t.l/vpoc/bz), t2 11-01 (hvn/c.vpo/61f), bac 01 then shorts t 80-71 (bz/w.low)

Hypo 2 – Range – if price holds / bof 47-43 then longs t 66 bac 66, then longs t 75(vpoc), t2 86-89, t 3 96-07 (sz);

if price holds / bof 96-07 then shorts t 75 t2 66

Hypo 3 – Up – if price bac 07 then longs t 17 (vpoc), t2 26 (hvn) t2 37-44 (sz/hi/comp.vah/p.w.vpoc)

Red flag levels – For short trades bac 157.07 For long trades  bac 56.43

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