23rd June 2016 – Bund Daily Trade Plan

News

UK REF 0830 Ger PMI 0900 EZ PMI
1330 US Jobs 1500 US New Home

Stats

DATR 59-

WATR 1.51-

WK.50%

M.50%

Weekly Summary – Neutral week. w.hi at 65.68 w.lo 64.60

Previous Day – Up day with strong bull close

General Bias – SC 2

Big Picture

60min – Neutral Bias, in bal 64.60-64.08 bac 4 dir

15min – Long bias, at top of bal, for cont, exp bac 64-72, bof or failure then return to va

Hypo 1 – Range – if price holds / bof 67-72 then shorts t 48 t40 t2 28-17; if price holds / bof 28-17 then longs t 40 t2 48 t3 60-72

Hypo 2 – Up – if price bac 72 then longs t 87 t2 99-06 t3 13-29

Hypo 3 – Down – if price bac 06 then short s t 00-98 t2 94-84 (if price holds 94-84 then longs t 15) bac f 84 t 72-65

Red flag levels – For short trades 72 For long trades 83

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