24th April 2017 – Bund Daily Trade Plan

News

FR ELECTION 0900 GE IFO

Previous week – Range week with strong down close, at channel top and bal va extreme, bac of 62.50 t 61.54 t2 60.94 t3 60.18

Previous Day – Range day with strong down close, tst first time back to d.bz 62.68-02, mode rot down on daily.

Big Picture

60m – Down, for cont, hold 84-96 bac 62.49

10m – Neutral, for direction bac 96 or 49

Context Play

1. Balance

Shorts: hold 84-96 t 71 t2 60-49

Longs: hold/bof 49 t 71 t2 84-96

2. Breakdown

Shorts: hold 60-71 bac 49 t 38 (poc) bac 38

Longs: hold 38 T 50 t2 60

Shorts: bac 38 t 19-00 (watch for bof) bac 00 t 61.77-64

3. Breakup

Longs: bac 94 hold 90-80 on retest T 08 t2 16-26 bac 26 t 34-44


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