20220926 Premarket Prep DAX - Bear Market Trader
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20220926 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 below body, below range
    • Price trad­ing with­in MN demand, Wide MN QLo
  • W1
    • W1 Three Out­side Down giv­ing W1-C‑S 12780.70 clos­ing with­in W1-C‑D 12587.07, with­in Wide W1 QLo
    • Price trad­ing below body, with­in range


  • D1
    • D1 DBD giv­ing D1-C‑S 12539.86 BASE at W1 demand
    • Price trad­ing with­in Wide MN/W1/D1 QLo
  • H4
    • H4 con­sol­i­da­tion after a drop
  • Trend
    • Trend is Down 3/3
  • Mar­ket Profile
    • Wide Val­ue cre­at­ed below the pre­vi­ous brack­et­ing range
  • LN Open
    • Prev. Day Exceed­ed ADR by 1.57
    • 0.03xASR Below Val­ue, With­in Range
    • Mod­er­ate Imbalance
    • Asia formed a Neu­tral Dat but most­ly trad­ed lower
    • 0.79xASR Wide IBR
    • A TPO accept­ed val­ue but its wide so nor­mal rules might not apply

Addi­tion­al Notes

  • N.A.


  • Hypo 1
    • Short
    • Failed Auc­tion
  • Hypo 2
    • Long
    • Strength From With­in IBR (pos­si­ble for­ward-test with­out IBR extension)
  • Hypo 3
    • Short
    • Rever­sal, pos­si­ble ASR/ADR Exhaustion

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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