27th April 2017 – Bund Daily Trade Plan

News

0700 GE CONS CLIM 0800 SP CPI 1030 IT AUC 1245 EZ IR
1300 GE CPI 1330 US CORE DUR 1330 ECB PRESSER 1500 US HOMES

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 up day with strong close hi 64.47/63

Big Picture

60m – Neutral, bac 61.63/60.64 for direction

10m – Up, hold 61.18-61.10 bac 61.36 for dir

Context Play

1. Balance

Shorts: hold /bof 47-63 t 61.20 t2 61.06 t2 60.84

Longs: hold 60.84-64 t 61.06 t2 62.20

2. Break Up

Longs: bac 61.63 t 72-78 bac 78 t 90 t2 62.02

3. Break down

Shorts: bac 60.64 t 43-37 t2 23-14


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