23rd May 2016 – Bund Daily Trade Plan

News

0800 Fr PMI 0830 Ger PMI 0900 EZ PMI
1045 Ger Auc 1115 + 1300 US Bullard/Williams 1445 US Man PMI

Stats

DATR 66-

WATR 1.67-

WK.50% –

M.50% –

Weekly Summary – Down range week with neutral bear close

Previous Day – Range down day with very weak bear close

General Bias – SC 0

Big Picture

60min – Long Bias, for cont, exp to hold 48-33 and bac 75 for test of 86-96

15min – Long Bias, for cont, exp to hold 56-48 and bac 75

Hypo 1 – Up – if price holds 56-50 then longs t 70-76 bac 76 then longs t 86-96, bac 96 t 00 t 12-18

Hypo 2 – Range – if price holds / bof 70-76 then shorts t 56 bac 56 then shorts 5 43-41 t2 33; if price holds / bof 43-33 then longs t 54 t2 70

Hypo 3 – Down – if price bac bac 33-27 then shorts t 16-06

Red flag levels – For short trades 63.75 then 96 For long trades bac 63.33 then 06

2 thoughts on “23rd May 2016 – Bund Daily Trade Plan

  • 24/05/2016 at 00:39
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    • 24/05/2016 at 06:50
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      Reply

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