21st Feb 2017 – Bund Daily Trade Plan

News

0745 FR CPI 0800 FR PMI 0830 GER PMI
0900 EZ PMI 1445 US PMI

 

Tues NEU (0.8)

Up

54/74

Dwn

50/70

Previous Day – Up range day at d.sz (3tb to dsz)

Big Picture

60m – Long TR, for cont, hold 32-18 bac 64.64 and then 64.94

10m – Long TR, for cont, hold 48-32 bac 64.64

Context Play

1. Balance O/I

Short: hold / bof 64-76 t 48-32

Long: hold / bof 30/20 t 48 t2 64

2. Bal BU – Trend Cont

Long: Hold / bof 48-32 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

Red flag levels – Short trades 64.94 Long trades 63.62

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