20th April 2016 – Bund Daily Trade Plan

News

0700 Ger PPI 0930 UK Ave Earn 1500 US Existing Home 1530 US Crude

Stats

DATR 71-

WATR 1.74-

WK.50% –

M.50% –

Weekly Summary – Up week with strong bull close

Previous Day – Down range day with Bof of id.lo at 16, either we see a cont move down or back into va and more bal

General Bias – SC -1

Big Picture

60min – Short Bias – bof of id.lo at 16 give a bof and retunr to bal va, for the cont down price should hold 47-60 and bac 09, a bac of 47 with strength is red flag and a bac of 60, exp for cont in bal

15min – Neutral bias – bac of t/l and a HH, for change to long bias, should put in a hl (poss around 25) and bac o/n high of 48,

Hypo 1 – Down – if price holds 47-60 then shorts t 25, bac 25 then t 16-09, bac 09 then t 03-95 bac 03 t 89-82 bac 82 t 69-58

Hypo 2 – Range – if price holds 25 then longs t 47 bac 47 t 60, if price holds/bof 60 then shorts t 32

Hypo 3 – Up – if price bac 60 then longs t75-82 t2 88-94

Red flag levels – For short trades bac 64.09 For long trades bac 63.60

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