1st Feb 2017 – Bund Daily Trade Plan

News

0855 Ger PMI 1035 Bobl Auction 1315 US ADP NFE
1445 US PMI 1500 US ISM PMI 1530 US CRUDE
1900 FOMC

WEDS – Down(2)

Up

49/71

Dwn

50/80

Weekly Summary – Down week

Previous Day – Neutral day

General Bias SC = 0

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

Big Picture

60m – Down TR, in bal, c.Pbip, for cont, hold /bof 62.34 bac 61.19

15m – Neutral/Long TR, at top of bal, bac 62.34 for cont, bac 61.89 for back to va

Poss BOF at 22 in play

Context Play

1. Balance Breakup – Retest and rejection

Long: Hold 61.99-89 T 62.20-34 bac 34 (watch for bof 34); t 48 t2 60-70bac 70 T 86-63.01

2. Balance -Bof return to va

Shorts: Bac 61.89 T 62.75-67 bac 67 t 57-49

Longs: 57-49 (bof 49) t 75

Red flag levels – Short trades bac 62.35 Long trades 61.19

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