16th Feb 2017 – Bund Daily Trade Plan

News

1330 US BP 1330 US PHILLY FED

 

THURS DWN (2.04)

Up

49/87

Dwn

70/170

Previous Day – Down range, @ wval and cvpoc to 30

Big Picture

60m – Down TR, hold 63.73-86 bac 62.98 for cont, poss bear trap at 62.98

10m – Neutral. In bal, bac of 63.48/59 or 63.13 for dir

Context Play

1. Bal – Cont

Short: Hold / bof 55-59 t 46 t2 38

Long: hold 26-13 t 38-48

2. Bal – BU

Longs: Bac 48 hold 48-38 on RT, T 59-65 bac t 73-85

Shorts: 85-93 T 65

3. Bal – BD

Shorts: bac 13 hold 20-28 on RT, t 03-98 t2 92

Red flag levels – Short trades 63.88 Long trades 62.92

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