3rd March 2016 – Bund Daily Trade Plan

News

0815 EZ Span Serv PMI 0845-0900 EZ Ser PMI 0930 Uk Ser PMI
1000 EZ Retail Sales 1330 Us Initial Jobs 1500 uS Non Man PMI

Stats

DATR 76-

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 down day with strong bear close

Hourly Bias – Neutral Bias Sc -1

Big Picture – OOR erc.v rot down thru bz but stopped short at p.val’s and rot back to open and 60.R and rot back towards session lows. SIC, exp to remain in control bac of 05 to test bz at 94-75(ftb) exp for some sort of reaction there, back thru yesterdays mid and possible range day.

Hypo 1 – Down – if price bac 04 t 93-87 t2 80-75; if price bac 75 yhen shorts shorts 62 t2 50 t3 39-25

Hypo 2 – Range – if price holds /bof 04 or 93-87 then longs t 21 t2 29-34 t3 40-51; if price holds/bof 40-51 then shorts t 22

Hypo 3 – Up – if price bac 51 then longs t 59 t2 7-78

Red flag levels – For short trades bac 65.78 For long trades bac 65.04 and 64.75

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