24th March 2016 – Bund Daily Trade Plan

News

0700 Ger Cons Climat 0900 EZ ECB Econ 0930 UK Core Retail 1215 Us Bullard
1230 Us Core Durable 1345 US Services PMI

Stats

DATR 82-

WATR 2.00-

WK.50% –

M.50% 60.92

Weekly Summary – Inside week with bull close hi 62.81 / lo 61.02

Previous Day – Up day with very strong bull range close

Hourly Bias – Neutral Bias Sc 1

Big Picture

60min – Neutral Bias, held Range low at 19, into bal and rot up to test 60.sz and range hi at 96-05

15 min – Long Bias, exp to test bal high to find sellers, exp to hold/bof or bac 63.05

Hypo 1 – Range – if price holds / bof 96-05 then shorts t 81-75 t2 62-57; if pricer holds 62-57 (mid) then longs t 81 t2 96-03

Hypo 2 – Up – if price bac 05 then longs t 28 t3 38 (ecb hi and possible bof point) bac 38 then t 55 t2 68-81

Hypo 3 – Down – if price bac 58 t45 t2 34-24

Red flag levels – For short trades bac 63.04 For long trades bac 62.19

Leave a Reply

Your email address will not be published. Required fields are marked *