18th April 2016 – Bund Daily Trade Plan

News

NB Wk Crude News 1330 US Dudley 1630 US Auction

Stats

DATR 72+

WATR 1.74-

WK.50% –

M.50% –

Weekly Summary – Up week with strong bull close

Previous Day – Inside range day with neutral bear close.

General Bias – SC 1

Big Picture

60min – Neutral Bias – in large range between 98-16, with 2 tick bof of range hi after cash close

15min – Long Bias – for breakout at 98, should hold 70-58, if bac then possible bal and retest of balance low

Hypo 1 – Range – if price holds /bof 96-97 then shorts t 70 t2 63-58, If price holds 63-58 then longs t 90; bac 50 then shorts t 38-28 t2 16, if price holds 28-16 then longs t 50

Hypo 2 – Down – if price breakouts at 16 then shorts t 89-81 bac 81 then t 49-32

Hypo 3 – Up – if price bac 98 then t18 t2 35-42 t 50-60

Red flag levels – For short trades bac 63.98 For long trades bac 63.16

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