29th April 2016 – Bund Daily Trade Plan

News

0700 Ger Retail Sales 0745 Fr CPI 0800 Sp GDP
1000 EZ CPI 1330 US Core PCE 1445 US Chic PMI

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 – Break up of ID, with a neutral up day with neutral bull close

General Bias – SC 1. Today last trading day off the month.

Big Picture

60min – Long Bias, PB from 60sz, for cont , exp to hold 62.22 and bac 62.79

15min – Long bias, for cont, exp is to hold 27-22 and bac 50 fo0r test of 67-79

Hypo 1 – Up – if price holds 39-28 then longs t 48 t2 56 t3 67-79 bac 79 then t 02-09 and ext t 22-39

Hypo 2 – Range – if price holds /bof 67-76 then shorts t 47 t2 37; if price holds / bof 28-21/14 then longs t 45

Hypo 3 – Down – if price bac 21 then shorts t 96-92 t2 76-62

Red flag levels – For short trades 62.79 For long trades bac 62.21

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