21st July 2016 – Bund Daily Trade Plan

News

0930 UK Retail sales 1245 EZ IR 1330 ECB Presser 1500 US Existing Home Sales

Stats

DATR 0.86-

WATR 1.85+

WK.50% 167.00

M.50%

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

Previous Day – BOF of id.hi at 66.84 followed by down with strong bear close without bac 66.17 or 65.95

General Bias – SC -1

Big Picture

60min – Short bias, for cont, exp to 66.60 -74 and bac 15

15min – Short Bias, for cont, exp for 33 or 42-48 to hold and 15 bac

Bear Hypo – if price holds / bof 33 or 42-48 then shorts t17 bac 08 t2 00-95 bac 95 t 85-79

Neutral Hypo – if price holds / bof 15 or 04-95 then longs t 17 t 2 29-33 t3 42-48; bac 48 t 60-74; if price holds /bof 60-74 then shorts t 43

Bull Hypo – if price bac 74 then longs t 86; bac 86 then t 67.00

Red flag levels – For short trades bac 74 and 86 For long trades 66.95 and 66.15

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