5th April 2016 – Bund Daily Trade Plan

News

0700 Ger Fac Orders 0815 Span Ser PMI 0830 Ger Buba
0845-0900 EZ Vars PMI 0930 Service PMI 1000 EZ Retail Sales
1330 US Trade Bal 1445 US Serv PMI 1500 US ISM Non Man PMI

Stats

DATR 74-

WATR 1.81+

WK.50% –

M.50% –

Weekly Summary – Up week with neutral bull close

Previous Day – Down Range Day with weak bear close and bof of 163.84.

General Bias – SC – 1

Big Picture

60min – Long Bias but with bof of id at 63.84, watch for failure to cont at 80-84 and a retest of range mid/poc at 50

15min – Long bias in 15sz, for cont needs to hold 58 or 47-43 and bac 84

Hypo 1 – Down – if price bac 43 then shorts t 33-21; bac 24 t 15-02

Hypo 2 – Range – If price holds / bof 80-84 then shorts t65 t2 58 t3 53-47; if price holds 53-47 then longs t 80

Hypo 3 – Up – if price bac 80-84 then longs t 93-98; bac 98 then longs t 10 t2 33-45 t3 datr

Red flag levels – For short trades bac 63.98 For long trades bac 63.43

4 thoughts on “5th April 2016 – Bund Daily Trade Plan

  • 05/04/2016 at 08:24
    Permalink

    looks like w’re heading to fill the gap at 164.73 🙂

    Reply
    • 05/04/2016 at 08:39
      Permalink

      I was looking for a failure to continue and then take a short on the break below 908, as stat said we was like to fill gap and test vah, but the break of y.hi indicate likely up day. so was cautious. no trade for me here.

      good luck with the rest of the session

      adey

      Reply
  • 05/04/2016 at 09:18
    Permalink

    Just out at .25, ill wait for break out, thanks !
    have a nice day Adey.

    Reply
    • 05/04/2016 at 09:58
      Permalink

      You too mate

      Adey

      Reply

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