10th March 2016 – Bund Daily Trade Plan

News

0700 German TB 1245 EZ IR 1330 ECB Presser

Stats

DATR 79-

WATR 1.96-

WK.50% 63.03

M.50% 60.92

Weekly Summary – Range down week with bear close inside prev week. IWx3 with bof of hi. BAC 62.10 t 61.07

Previous Day – Normal down day with strong bear close

Hourly Bias – Neutral Bias Sc -1

Big Picture – Following Bof of range hi, price Oir with SIC, erc.v rot down to bz 21-08 and into bal till after cash close and rot down thru bz and range low at 62.07, and close back inside range just before mc. SIC, exp for y.val or vpoc to hold and bac of y.,low for cont further down into d.bz and test of 60.bz at 70-59 and 37-14. But with ECB, could be range bound.

Hypo 1 – Down – if price holds 14-21 or 32-41 then shorts t 60-92 bac 92 t 70-59 bac 59 t 34-14

Hypo 2 – Range – if price holds / bof 08-92 then longs t14-21 t2 32-41; if price holds 41-48 then shorts t 08

Hypo 3 – Up – if price bac 48 then longs t 56

Red flag levels – For short trades 48 For long trades 61.92

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