22nd Feb 2017 – Bund Daily Trade Plan

News

0900 GER IFO 0930 GBP GDP 1000 EZ CPI
1035 BUND AUC 1500 US HOME SALES 1900 US FOMC

 

Weds NEU (-1.34)

Up

49/82

Dwn

50/80

Previous Day – Neutral Range Day, with v.weak down close, @ DSZ 3TB

Big Picture

60m – Neutral, in bal, bac 64.64 / 64.18 for dir

10m – Long TR, for cont, hold 40-30 bac 64.64

Context Play

1. BAL – Break up

Long: Hold 40-30, T 56-64 bac 64 t 82-94 bac 94 t 18-31

2. Balance – O/I

Short: BOF 64.64, t 46 t2 40-30 BAC 30 T 64.22-09

Long: Hold 64.22-09 T 40

Red flag levels – Short trades 64.94 Long trades 64.09

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