20220802 Premarket Prep DAX - Bear Market Trader
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20220802 Premarket Prep DAX

#Fin­twit #DAX #DE30Cash #Mar­ket­Pro­file #Order­flow

This is my pre­mar­ket prep for today’s Euro­pean ses­sion for DAX. This prep builds off of my week­ly trade plan I made here:

The pur­pose of a pre­mar­ket prep is to find setups with­in my week­ly trade plan bias

Larg­er Timeframe

  • MN
    • MN Inside Bar fail­ing to close above 50% mark although still big react­ing off mN demand, MN QHi
  • W1
    • W1 Con­sol­i­da­tion and break high­er reject­ing W1 QLo
    • Price trad­ing with­in body after hav­ing made a HH


  • D1
    • Price trad­ing with­in D1-C‑S 13345.07, coin­cid­ing with D1 UKC in DT
    • Pos­si­ble devel­op­ing DBD
  • H4
    • H4-C‑S 13537.76 with­in Value
    • H4-C‑D 13383.24 at H4 VWAP in UT, Inside H4 QHi
    • Price trad­ing with­in Wide H4 QHi (shar­ing lev­els with D1 QHi)
  • Trend
    • Trend is Up 2/3
  • Mar­ket Profile
    • Val­ue in UT
  • LN Open
    • 0.62xASR Below Val­ue, Out­side Range,
    • Mod­er­ate to Large Imbalance
    • Asia extend­ed and trad­ed lower
    • 0.57xASR IBR

Addi­tion­al Notes

  • Fri­day, Aug 05, USD, Non­farm Pay­rolls Pri­vate (Jul)


  • Hypo 1
    • Short
    • Return to Val­ue, Rever­sal, Pos­si­ble Failed Auction
  • Hypo 2
    • Long
    • Late-Sus­tained Auction
  • Hypo 3
    • Short
    • Late-Sus­tained Auction
  • Hypo 4
    • Long
    • Auc­tion Fade

Clar­i­ty / Con­fi­dence (1 — 5, low to high)

  • 2

Mind­ful Trad­ing (lack of sleep?)

  • Feel­ing okay

Focus Points for trad­ing development

  • Month­ly Goals
    • Use SL scaling


Day trader. Tech geek. Sim Racing Enthusiast.

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