6th March 2017 – Bund Daily Trade Plan

News

1400 FR Auc 1500 US Factory

Previous Day –Down day with strong down close5 50% 64.40, rejection of big picture VA area and back into mid bal high va extreme (63.50-63.13 vah and d.bz), 1 sd daily rot comes at 63.50

Big Picture

60m – Down TR, hold 64.73-86 and bac 63.89 for cont, poss trap at 63.82

10m – Neutral TR, in bal, bac 64.20 for 60min PB t64.40, bac 63.89 for cont of 60min down trend t 63.62-50

Context Play

1. Balance bof

Longs holds/nof 63.89-82 t 94 t2 00-06 bac 00 t 13-20

Shorts holds .bof 13-20, t 06 t 94

2. Balance BAC

Longs bac 20, hold on rrt, 17-13 t 37-42 t2 64.51

Shorts bac 89, hold on rrt 93-00 t 70-62 bac 62 t 63.50-38

Red flag levels – Short trades 64.85 Long trades 63.13

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