29th March 2016 – Bund Daily Trade Plan

News

1400 US Cons Conf 1530 US Yellen
1345 US Services PMI

Stats

DATR 82-

WATR 1.78-

WK.50% –

M.50% 60.92

Weekly Summary – Up week with neutral bull close

 

 

 

 

 

 

 

 

 

 

 

 

Previous Day – Neutral Up day with weak bull close

Hourly Bias – Long Bias sc 2

Big Picture

60min – Long Bias, rot up though r.hi at 05 and HH and pullback into range value area, and retest of r.hi for MC. To remain Bullish, exp is for to hold low at 81 and bac 04 then 33

15 min – Short Bias, pb off IBL and retest of r.hi at 04, needs to hold or bac this for s/t direction

Hypo 1 – Range – if price holds / bof 15-33 then shorts t 10-00 t2 93-82; if price holds / bof 93-83 then longs t 10

Hypo 2 – Up – if price bac 33 then longs t 40 t2 55 t3 68-81

Hypo 3 – Down – if price bac 82 then shorts t 62-56 t2 44 t3 33-26

Red flag levels – For short trades bac 62.82 For long trades bac 63.33

2 thoughts on “29th March 2016 – Bund Daily Trade Plan

  • 29/03/2016 at 07:18
    Permalink

    Hi from a fan,
    Arent your red flags reversed?
    Thanks.

    Reply
    • 29/03/2016 at 07:38
      Permalink

      Yes, it looks like it, thanks for pointing it out. Adey

      Reply

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