23rd August 2016 – Bund Daily Trade Plan

News

0800 Fr PMI 0830 Ger PMI 0900 EZ PMI
1415 US Man PMI 1500 Us Home Sales

Stats

DATR 0.72-

WATR 1.73-

p.WK.50%

M.50%

Weekly Summary – Inside Week Hi @ 168.02 IW.lo @ 166.38 /.16

Previous Day – ID id.hi @67.68 id.lo @66.76

General Bias – SC 0

Big Picture

60min – Neutral Bias, bac of 67.68 or 66.65 for dir

15min – Long Bias, for cont, exp to hold 48-40 bac 68

Bull Hypo – if price holds 48-40 then longs t 59, t2 68 bac 68 t 77-86 bac 86 t 96-02

Neutral Hypo – if price holds / bof 64-68 then shorts t 48 bac 40 t 25-14; if price holds 25-14 then longs t 48 t2 58

Bull Hypo – if price bac 14 t 00-93 t2 80-76

Red flag levels – For short trades bac 67.68 For long trades bac 66.76

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