20220914 Premarket Prep DAX - Bear Market Trader
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20220914 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
    • Price trad­ing with­in body
    • Pos­si­ble con­sol­i­da­tion above MN demand, MN QLo
  • W1
    • Big W1 Bull Engulf reject­ing W1 QLo
    • Price made a HH but start­ed react­ing off W1 Sup­ply coin­cid­ing with W1 VWAP/LKC in DT
    • Price trad­ing with­in body


  • D1
    • D1 Bear Engulf giv­ing D1-C‑S 13165.38 (below val­ue, with­in range) after get­ting close to D1 QHi, D1 UKC in R although no test
  • H4
    • H4-C‑S 13436.17 with­in val­ue at POC
    • Pos­si­ble H4 Phase 4
    • H4 QHi reject­ed, price trad­ing mid swing
  • Trend
    • Trend change: Mixed trend
  • Mar­ket Profile
    • Val­ues in UT
  • LN Open
    • Prev. Day Exceed­ed ADR by 1.83
    • 1.29xASR Below Val­ue, Out­side Range
    • Huge imbal­ance
    • Asia formed a Neu­tral Day
    • Open below D1-C‑S 13165.38
    • 0.47xASR IBR

Addi­tion­al Notes

  • N.A.


  • Hypo 1
    • Short
    • Failed Auc­tion, pos­si­ble continuation
  • Hypo 2
    • Long
    • Late-Sus­tained Auction
  • Hypo 3
    • Short
    • Auc­tion Fade
  • Hypo 4
    • Short
    • Late-Sus­tained Auction

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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