Bunds have bounced off 123.3, but I'm not sure about an entry here or where to place stops. Think this is due to plummet though.
Whatever you do, don't just pile in.
The real move is going to start when we break 121.60 in my opinion so the aim is to try and get a good short entry BEFORE that. That's already a point from where we are and we have already come off some so it may not even get that far down today.
Just wait for the market to act right and then pick off your entry like a skilled marksman.
But remember that you have a dangerous enemy here. You have a market that is moving very fast AWAY from you. This makes you think that unles you fire NOW you are going to miss hitting him.
If you find yourself thinking like that and wanting to drop to a lower TF to catch it, or just getting in with a wider stop etc, LEAVE YOUR SCREEN and GO FOR A WALK.
Trust me. At some point, the Bunds are going to give you an entry that will be high probability and at a point where you can go into profit almost immmediately without needing to worry about sitting through a big retracement.
Just wait for him to line up. At some point, there will be a sign. The enemy will do something that gives himself away.
Then pull the trigger.
Until then, just sit on your hands.