17th Jan 2017 – Bund Daily Trade Plan

News

0930 UK CPI 1000 GER ZEW 1145 UK PM
1330 US EMP MANU

TUES – UP (1.8)

Up

45

Dwn

50

Weekly Summary – Range up week with neutral close Lo. 62.47 hi 64.19

Previous Day – ID 63.92/63.39 and 64.01/63.14

General Bias SC = -1

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

Big Picture

60min – Down TR, for cont, exp hold 63.83 – 64.04 and bac 63.40

15min – Neutral, bac 63.79/63.52 for test of 63.92/63.39 and bac of these for direction

Context Play

1. Balance Outside in

Short: 63.92 BOF T63.62 t 63.42

Long: 63.42 BOF T 63.62 T 63.85

2. Trend cont Down (balance breakdown)

Short: Bac 52 hold 53-62 on retest t 42-39 bac 39 T 20-14 bac 14 T00

Long: Hold/Bof 20-14-03 T 36

3. Balance Breakup

Long: Bac 62 t 79, bac 79 t 87-02 bac 92 t 04 (watch for bof)

Short: BOF 04, T 86-60

Red flag levels – Short trades 64.20 Long trades 62.88

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