8th May – Bund Daily Trade Plan

News

0700 GE FACTORY 1335 US FOMC SPKRS FR ELECTION

Previous Day – BEAR DAY WITH STRONG DOWN CLOSE BP.T 59.87-59.57 (BZ 59.87-58.75)

Big Picture

60m – hold 60.97-61.15 bac 60.37 then 60.14 for cont

10m – hold 60.69-60.77 bac 60.37

Context Play

1. Trend Cont

Short: hold/bof 60.57 bac 60.37 t 60.25-14 (watch for bof) bac t 89-73 bac t 59.50

2. Balance / PB

Longs: hold / bof 60.37-25 bac 56 t 60.69-60.77

Shorts: hold 60.69-.77 t 56 t 37

3. 60min PB

BAC of 77 then longs t88 t2 97-17

Shorts: messy area 97-17 t 80

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