17th Oct 2016 – Bund Daily Trade Plan

News

1000 EZ CPI 1330 US Empire State 1415 US Ind Prod

Stats

DATR 0.72-

WATR 1.66+

p.WK.50% 64.78

M.50%

Weekly Summary – Bof of Range in play. ERC down with strong down close followed by normal range down week with strong down t 163.04 t2 162.57

Previous Day – Down day at d.bz at the 2sd extreme of bal in the brexit range. Range low at 62.56

General Bias SC = +1

Big Picture

60min – Neutral TR, in bal, for m/t direction bac hi at 96 or lo at 63.15

15min – Short TR, for cont, exp to hold 47-56 and bac 15

Short Hypo – if price holds 37-47 then shorts t 19 t2 15 bac 15 t 04 (watch for bof) bac 04 t 90 t2 80-70 bac 70 t 56 (watchf or bof) bac 56 t25 t2 00-90 (gap fill/support)

Neutral Hypo – if price holds/bof 15/04 then longs t 30 t2 40 t3 47-55; if price / bof 47-56 then shorts 7 40 t2 30

Long Hypo – if price bac 56 then longs t 60 t2 60 t78 85-96

Red flag levels – For short trades bac 96 For long trades 63.04

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