19th July 2016 – Bund Daily Trade Plan

News

0930 UK CPI 1000 EZ ZEW 1330 US Building Permits

Stats

DATR 0.92

WATR 1.85+

WK.50% 167.00

M.50%

Weekly Summary – Down week back into iw range. Strong down close.

Previous Day – ID with bull close. Id.hi at 66.84 id.lo 65.95

General Bias – SC -1

Big Picture

60min – Neutral Bias, bac of 1 xsz and HL, for t/c to long, exp to hold 66.29 and bac 66.69

15min – Neutral Bias, bac of bz and LL, for t/c to short, exp to hold 56-67 and bac 29

Neutral Hypo – if price holds / bof 64-67 then shorts t 69-64 t 40 t3; if price holds/ 40-29 then longs t 64-69

Bull Hypo – if price bac 67 then longs t 78-84, bac 84 (poss bof) then longs t 00 t2 10-17 t2 25-37

Bear Hypo – if price bac 29 then shorts t 17-09 t2 05-95

Red flag levels – For short trades bac 69 and 84 For long trades 66.95 and 66.29

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