7th Dec – Bund Daily Trade Plan

Main trade –

News

0700 Ger Ind prod

1400 Fr Auc

1500 UK Carney

Stats

DATR 0.92+

WATR 2.11+

WK.50% 58.39

M.50% 56.80

Weekly Summary – ERC.V down week, with low at weekly comp hvn,with bear close

Previous Day –  ERC.V neutral day with neutral bull close

Bias – Short SC. -1 (new scoring -5 to +5)

What happened – OIR, gap up rot up with erc.v to test prev support and hvn at 70 and rej back to close gap and into bal till NFP, then bof of the session low and erc.v rot up to bof session hi and back to mid for bal till MC

Hypo 1 – Range – if price holds 54 or holds/bof 63-71 then shorts t 32 t 18 t 07-00;

If price holds / holds 94-80 then longs t 07 t2 18 t3 32

Hypo 2 – Down – if price bac 53 then shorts t 47 t2 31-25

Hypo 3 – Up – if price bac 71 then longs t 84 t2 94-00 t3 07-14

Red flag levels – For short trades 57.71 For long trades  56.53

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