![\"\"](\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/12\/bund20112.jpg\" "\\"bund20112\\"")
<\/a><\/p>\nOur trend following approach meant we \u201ccaught\u201d the moves higher in April to June and July to September. Our reliance on candlesticks saw us call several of the turning points in the ranging markets seen in Q3.<\/p>\n
A – 12th January – turned bearish on trend break (125.44)<\/p>\n
B – 16th Feb \u2013 Bullish on break of 123.12.<\/p>\n
C \u2013 24th March \u2013 \u201cWe didn\u2019t manage to retake 122.55 yesterday, although we did fail bang on this level (the high was 122.56), so despite posting a green candle the bears are still in the box seat\u201d.<\/p>\n
D -13th April \u2013 \u201cSo we have a trend break and a powerful reversal pattern, and this combination cannot be ignored\u201d \u2013 Turned bullish<\/p>\n
E \u2013 29th June – Bull stance adopted since April is abandoned.<\/p>\n
F – 7th July \u2013 \u201c..we posted a decent sized green candle, reasserting the bull trend, and suggesting (as we head into today\u2019 ECB decision) that we can head back to the recent high at 127.57, with interim resistance at 127.03-04\u201d.<\/p>\n
G \u2013 27th July – Back to bullish!<\/p>\n
H \u2013 25th August – Hit the sidelines once more<\/p>\n
I \u2013 26th September \u2013 \u201c\u2026this left us with a powerful \u201cOutside Day\u201d in western terms, and a \u201cBearish Engulfing Pattern\u201d in candlestick analysis. We are now very close to channel support at 137.25 and gap support at 136.83, and if these two give way we will have to rethink\u201d.<\/p>\n
J \u2013 5th October \u2013 \u201cIn candlestick terms yesterday was a Shooting Star, a powerful reversal pattern\u2026\u201d<\/p>\n
K – 18th October \u2013 \u201cWe are testing the bears\u2019 resolve after a really strong session yesterday that has left us with a Bullish Engulfing Pattern and a Bullish Outside Day, all rolled into one\u2026This strongly suggests that the retracement is over\u201d<\/p>\n
L – 31st October \u2013\u201d\u2026this looks like a dip to buy\u201d<\/p>\n
M \u2013 1st December \u2013 \u201c\u2026we posted a third small bodied candle in a row, suggesting that the bulls might well defend this key support zone, and we will retake the broken trendline, and get back to bullish\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The kids have just finished school for the year and we’ve had their reports. I’m pleased to say all the little Lamberts have been working hard and doing well (mostly!!). But how have we done here at FuturesTechs Mews in 2011?
\nWe took a look back at our reports for the Bund Futures over the year to see. You can …<\/p>\n