11th May – Bund Daily Trade Plan

News

0800 EZ SPKER 0900 EZ ECB 0930 UK MAN PROD
1000 EZ ECON 1200 UK IR 1330 US PPI

Previous Day – RANGE DAY WITH STRONG DOWN CLOSE T 60.80 TSTED, SO BAC OF 60.11 T 59.87-59.57 (BZ 59.87-58.75)

Big Picture

60m – Down TR, hold 60.81060.98 and bac 60.11

10m – Down TR, looking for LH, 52-60 (?) and bac 60.22 then 60.11

Context Play

1. TR CONT

Shorts: hold 52-60 t 40 t2 25-18 bac 18 t11 (watch for bof) bac 11 t00 t2 89-72 t 59.48

2. Balance

Longs: hold 25-11 or bof 11 then longs t 54

Shorts: hold 67-83 then shorts t 54

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