29th Feb 2016 – Bund Daily Trade Plan

News

0700 Ger Retail Sales 1000 EZ CPII 1445 Us Chic PMI
1500 US Pending Home

Stats

DATR 77-

WATR 1.96-

WK.50% –

M.50% 60.92

Weekly Summary – Range up week with strong bull close inside prev week. IWx2 Hi 66.25 lo 63.72 TU 68.60 TD 61.28

Previous Day – Normal range day with Neutral bear close, id x2 hi 66.25 lo 65.51 TD 64.77 TU 66.99

Hourly Bias – Neutral bias Sc 0

Big Picture – test and rej of 75-57 and into bal within idx2, bac / bof of bal and then id will give direction

Hypo 1 – Range – if price holds / bof 57-75 then longs t 95-00; if price holds / bof 16-25 then shorts t 95-00

Hypo 2 – Up – if price bac 25 then longs t 66.43 t2 67 t3 99/datr

Hypo 3 – Down – if price bac 57 t45 t2 20-16

Red flag levels – For short trades bac 65.25 For long trades bac 65.54

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