24th Feb 2016 – Bund Intra Day Trade Plan

News

0930 UK Mortgage 1035 Ger Bund Auc 1300 US Lacker / Buba
1445 US Serv PMI 1500 US New Home Sales 1530 US Crude oil

Stats

DATR 84-

WATR 2.02+

WK.50% –

M.50% 60.92

Weekly Summary – Range up week with strong bull close inside prev weekly bepin. Hi 66.16 lo 63.72 d.t 62.56-43 on bac of lo

Previous Day –┬áNeutral extreme up range day with strong bull close

Hourly Bias – Neutral Bias Sc 1

Big Picture – Open in 60.sz 2tb and rej down with erc.v rot to bof low / 60.bz and erc.v rot bac to 60.sz at 40-61 3tb, fpr buyers to remain in control, bac of 61 and hold of 22-16, otherwise possible cont of range

Hypo 1 – Up -if price holds /bof 46-34 then longs t 57-61, bac 61 then longs t 77-84 and 98-16 60.sz ftb

Hypo 2 – Range – if price holds / bof 56-61 then shorts t 46 t2 34 t3 22; bac of 15 then shorts t 92-72, if price holds/bof 92-72 then longs t 22

Hypo 3 – Down – if price bac 72 then shorts t 67-62 t2 50

Red flag levels – For short trades┬ábac 65.62 For long trades bac 64.72

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