28th Jan 2016 – Bund Daily Trade Plan

News

0930 UK GBP 1025 It Auc 1300 Ger CPI
1330 Us Durable Goods 1500 US Pending Homes

Stats

DATR 0.78-

WATR 2.04+

WK.50% 60.90

M.50%

Weekly Summary – Normal Up week with bull close with Weekly Bof of ath at 61.81

Previous Day – Neutral up day with strong bull close

Hourly Bias – Long Bias Sc 2

What happened –  OIR rot up to bac y.hi and then stall , with a mini bof at 16 and erc.v rot down to test 60.bz 60-50 and rej back to mid for fomc, on news erc rot up to make session hi at 62.25

Hypo 1 – Up – if price holds17-09 then longs t 26 t2 32 t3 52 t4 datr

Hypo 2 – Range -if price bac 09 then shorts t 00, if price bac 00 then shorts t 88 t2 75-68 (60.bz); if price holds 88 or 75-88 then longs t 00 t 2 10

Hypo 3 – Down – if price bac 85 then shorts t 60-50, bac 50 then shorts t 50 t2 31 t2 22-13

Red flag levels – For short trades bac 62.26 For long trades bac 61.50

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