14th Dec – Bund Daily Trade Plan

Main trade –

News

0900 IT CPI

1000 EZ Nowotny

1000 EZ Ind Prod 1100 EZ Draghi

1500 EZ Costa

Stats

DATR 0.89-

WATR 2.13+

WK.50% 58.25

M.50% 56.80

Weekly Summary – Inside up week with strong bull close (O/B 160.25/156/53)

Previous Day –  Trend up day with strong bull close

Hourly Bias – Long sc 2

What happened – OIR rot up thru y,hi with shallow pullbacks on less than average volume to test prev support and hvn at 59.32

Hypo 1 – Up – if price holds 17-07 then longs t 30-37 bac 37 t 47 t64 (hvn) t2 75-86 (prev sup and HVN)

Hypo 2 – Range – if price holds / bof 33 (47) then shorts t 17-07 bac 07 t 00-96 t2 88-74 (bz); if price holds 96 or 88-74 then longs t 00 t2 17

Hypo 3 – Down – if price bac 74 then shorts t66 t2 56-45

Red flag levels – For short trades 59.37 For long trades 58.74

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