9th May 2016 – Bund Daily Trade Plan

News

0700 Ger Factory Orders TBA Eurogroup 1400 Fr Auc

Stats

DATR 75+

WATR 1.73+

WK.50% 62.83

M.50% –

Weekly Summary – Rej from w.bz with up week with strong bull close m.bar 50 at 62.83

trading the bund futures

Previous Day – Neutral down range day with Neutral bear close

General Bias – SC 2

Big Picture

60min – Long bias with bal, for cont of bias, exp for price to hold 42 and bac 63.92 for test of d.sz at 17 – 43-60 (FTB – good level but against overall daily trend)

15min – Neutral bias – in bal, exp for bac of bal to provide direction. O/I until bac then join on FTB (watch for BOF)

Hypo 1 – Range – if price holds / bof 52-42 then longs t 67, if price holds /bof 30-93 then shorts t 67

Hypo 2 – Up – if price bac 93 then longs t 05-17, bac 17 t 43-60

Hypo 3 – Down – if price bac 42 then shorts t 30-24 t2 12-04 bac 04 t 85-74

Red flag levels – For short trades 64.00 For long trades bac 63.43

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