20th Oct 2016 – Bund Daily Trade Plan

News

0700 Ger PPI 0930 UK Retail Sales 1245 EZ IR
1330 US Job Claims 1330 EZ Prezzer

Stats

DATR 0.68-

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 – d.t1 done, with upday with weak bull close D.Pinbar hold 64.04 bac 63.71 for s.bias T 63.50 t2 63.20

General Bias SC = -2

Big Picture

60min – Long TR, but @ top of 60 bal, with bof in play, t 71 t2 50, but for cont, exp hold / bof 71 and bac 64.04

15min – Short TR, for cont, exp hold 86-96 and bac 71

Short Hypo – if price hold 86-96 then shorts t 71; bac 71 t2 56-50 bac 50 t 43 bac 43 t 36-30 (watch for bof)

Neutral Hypo – if price bof 71 or 56-44 then longs t (71) t 85-96, holds 85-96 then shorts t 71

Long Hypo – if price bac 04 then longs t 20-26 (watch for bof)

Red flag levels – For short trades bac 64.04 For long trades bac 63.30 till 62.80

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