24th Jan 2017 – Bund Daily Trade Plan

News

0830 Ger PMI 0900 EZ PMI 1500 US Home Sales

 

Tuesday – Up (2)

Up

54/74

Dwn

-50/70

Weekly Summary – Outside down week 50% @ 63.32

Previous Day – Up range day with up close

General Bias SC = -2

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

Big Picture

60m – Neutral TR, for t/c to long, LL 03-89(?) and bac 63.38

15m – Up Tr, for cont hold 0-94 bac 63.28

Context Play

1. 15m Trend – Long Cont

Long: hold 14-12 t 29-32 bac 38 t 46-58 bac 58 t 67-80

Long: hold 03-94 t 14 t2 29-32 bac 38 t 46-58

Shorts 67-82 pent 72 t 46

2. 15m Balance – Outside / In

Shorts: Hold / BOF 32-4 t 63.03 t2 89-80

Longs: hold 80-89 t 63.03 t2 63.14 t3 63.29

3. 15min Trend chance to short and test lower

Shorts: bac 80, shorts on retest to 80-89 t 68 t 57-55

Longs: Hold/Bof 57-45 t 81

Red flag levels – Short trades bac 63.28/38 Long trades 62.47

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