11th Jan 2017 – Bund Daily Trade Plan

News

0930 GBP Man Prod 1035 Bund Auction 1530 US Crude Oil

Weekly Summary – Down week with strong down close, w m.50% @ 63.61 P.wk low at 163.55

Previous Day – Range down day with strong down close. M5-% at 63.24

General Bias SC = 0

Rot Bias 3/30 Up 3D SD < 30D SD / Down 3D SD > 30D SD.

Big Picture

60min – Neutral TR, in bal, bac 92/36 for direction

15min – Neutral TR, in bal. bac 92/36 for direction

Context Play

1. Balance – Break Up. Test of vah and hold poc and then bac of 36, hold 36-25 on retest. T 63.50 t2 67-74 watch for bof

2. Balance – BOF – either 36 or 92, T opp va.

3. Balance – Break Down. Test of val and hold poc and then bac of 92, hold 00 on retest T80 t2 52.45

Red flag levels – Short trades 63.76 Long trades 62.45

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