26th April 2016 – Bund Daily Trade Plan

News

1330 US Durable Goods 1400 Us HPI Comp 1500 US Consumer Confidence

Stats

DATR 71-

WATR 1.72-

WK.50% 63.29

M.50% –

Weekly Summary – Down week with good volume and strong bear close into a weekly buy zone 62.33 – 60.81 (ftb but weak)

Previous Day – ERC.V down day with bear close, with a bac of id.lo at 62.33

General Bias – SC -2

Big Picture

60min – Short Bias – breakdown of bal, and test of minor bz at 99-88 and into mini bal. for cont exp for price to holds 33 and bac 88 for gap fill at 79 and test of nvpoc at 161.34

15min – Neutral bias – in bal 23-88, trade O/I until bac or bof

Hypo 1 – Down – if price holds/bof 19-24 or 33 then shorts t 00-88 bac 88 t 79-74 bac 74 t 50-42 t2 61.34 with ext at 20-03

Hypo 2 – Range – if price bac 33 then longs t 44-48 t2 67-80; if price holds 44-48 or 67-80 then shorts t 33 t2 19

Hypo 3 – Up – if price bac 80 t 89 t2 03

Red flag levels – For short trades bac 62.33 until 64-80 For long trades bac 61.88

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