31st May 2016 – Bund Daily Trade Plan

News

0700 Ger Retail Sales 0855 Ger Unemploy 1000 EZ CPI
1330 US PCE 1445 US Chic PMI 1500 US Cons Conf
Month End

Stats

DATR 65+

WATR 1.67-

WK.50% –

M.50% –

Weekly Summary – Up week (iwx2) w.hi 164.49 lo 163.06

Previous Day – Down day with bear close

General Bias – SC -1

Big Picture

60min – Neutral Bias – rej from d.sz (2b) and LL, in BP bal 49-06

15min – Short Bias – for cont, exp to hold 78-85 and bac 53

Hypo 1 – Range – if price holds / bof 64-53 then longs t 78-85 bac 85 t 94-00; if price holds 96-00 then shorts t 78 t2 64-57

Hypo 2 – Down – If price holds 78-85 then shorts t 64 t2 58-53 bac 53 t 41-33 t2 24-13 t3 06 (watch for bof or bd)

Hypo 3 – Up – if price bac 00 then longs t11-18 bac 18 t 28-36

Red flag levels – For short trades 64.000 For long trades 63.53

 

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