31st Jan 2017 – Bund Daily Trade Plan

News

0700 Ger Retail Sales 0800 EZ Draghi 0855 Ger UnE
1000 EZ CPI 1445 US Chic PMI ME

 

Tues – UP(1)

Up

54/74

Dwn

50/70

Weekly Summary – Down week

Previous Day – Neutral day

General Bias SC = 1

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/Long TR, bac 61.95 61.31, breakup and retest of bal

Context Play

1. Balance Breakup – Retest and rejection

Long: Hold 90-80 on retest t 62.00 bac 00 T 15 T2 23-35 (watch for bof at 22 and 34); bac 34 t 48 t2 60-70

2. Balance – Retest and fail

Shorts: Bac 90-80 T 61.52 t2 40-35

Longs: 40-31 (BOF) or 19 BOF T 56

Red flag levels – Short trades bac 62.35 Long trades 61.19

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