20th Feb 2017 – Bund Daily Trade Plan

News

US HOLIDAY 0700 GER PPI 1400 FR AUC

 

MON NEU (0)

Up

40/80

Dwn

40/60

Previous Day – Up day with strong close with poss bof of 64.46 (3tb to dsz)

Big Picture

60m – Long TR, for cont, hold 63.82-63.62 bac 64.64 y 64.82-94 bac 94 t 65.40-79. Bac of 64.30 then Pbip. T 64.07 t2 63.82

10m – Neutral, in bal, bac of 64.30 0 64.64 for dir

Context Play

1. Balance O/I

Short: hold / bof 55-64 t 40

Long: hold / bof 30/20 t 40

2. Bal BU – Trend Cont

Long: BAC 64 hold 56-48 on RRT, t 85-94 (watch for bof) bac 94 t 10-17 t2 31-41

Shorts: Hold 31-45 T 17

3. Bal BD – Trend PB

Short: BAC 30 hold 34-45 on RRT, T 07-00 BAC T 82-62

Longs: Hold. 07-00 T 20 t2 35-45

Red flag levels – Short trades 64.94 Long trades 63.62

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