14th Feb 2017 – Bund Daily Trade Plan

News

0700 Ger CPI 0930 UK CPI 1000 GER ZEW
1330 US PPI 1500 US YELLEN

 

TUES (1.66)

Up

54/74

Dwn

70

Previous Day – Neutral day hi. 64.03, lo 63.68

Big Picture

60m – Long TR, C.PB ip, for cont hold 77-65 bac 64.22 and 64.45 (tested d.sz with mini bof at ftb high)

10m – Neutral, (bac of one bal 09-44 and into second bal 17-68) bac of 63.68/17 and then 44 for direction. Currently bof of bal lows in play, exp to bac 64.03 and test of 64.17)

Context Play

1. Balance breakup and into previous balance

Long: BAC of 63.98 and hold 63.98-87 on retest t 06 and 17, bac 17 t 30 t2 45

Shorts: Hold / BOF 36-46 T 20

2. Trend Cont

Long: Bac 64.46 T 65 t2 84-04

3. Trend breakdown

Short: bac 68 t 55-50 t2 44-29 bac 29 t 12-62.92

Red flag levels – Short trades 64.46 Long trades 63.44

Leave a Reply

Your email address will not be published.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