30 Sep 20220930 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:

DAX 2022 Week 39 Trad­ing Plan

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, with­in demand, with­in Wide MN QLo
• W1
  • Price trad­ing below body, below range, with­in demand, with­in Wide MN/W1 QLo

Nar­ra­tive

• D1
  • D1 Bear Engulf giv­ing D1-C‑S 12114.18 Low in Dist. Curve
  • Price trad­ing with­in Wide MN/W1/D1 QLo
• H4
  • H4 QLo rejec­tion coin­cid­ing with Round No. 12000
  • Price trad­ing at H4 VWAP in DT
• Trend
  • Trend is Down 3/3
• Mar­ket Profile
  • 2 over­lap­ping values
• LN Open
  • Prev. Day Exceed­ed ADR by 1.37
  • Open With­in Value
  • Open at new­ly formed D1 Supply
  • Asia trad­ed down
  • 0.43xASR IBR

Addi­tion­al Notes

• N.A.

Hypos

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

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

• 3

Mind­ful Trad­ing (lack of sleep?)

• Feel­ing okay

Focus Points for trad­ing development

• Month­ly Goals
  • Use SL scaling

• Twit­ter
• Insta­gram