27th Jan 2017 – Bund Daily Trade Plan

News

1330 US GDP 1500 US MICH CONS

 

Fri – DWN(5)

Up

60/80

Dwn

-50/90

Weekly Summary – Outside down week 50% @ 63.32

Previous Day – ERC followed by neutral

General Bias SC = -2

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

Big Picture

60m – Down TR, for cont, hold 62.15-62.34 bac 61.19

15m – Neutral TR, bac 61.88 61.31, poss rap at both hi and low

Context Play

1. Balance – Outside / In

Shorts: 70-82 t 56

Shorts: 89-95 BOF t 56

Longs: 40-31 T 56

2. Balance Breakdown

Shorts: Bac 31 hold 31-40 on retest, T 19 bac 19 t 61.05-60.80

3. Balance Breakup

Long: Bac 95 hold 90-80 on retest t 62.00 bac 00 t 20-35

Red flag levels – Short trades bac 62.35 Long trades 60.80

Leave a Reply

Your email address will not be published. Required fields are marked *