20221024 Premarket Prep DAX - Bear Market Trader
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20221024 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 above Body, with­in range, above MN QLo, trad­ing with­in MN sup­ply Low in Dist. Curve
  • W1
    • W1 Three Out­side Down with con­tin­u­a­tion clos­ing with­in W1-C‑S 12779.21 Low in Dist. Curve
    • Price closed above MN/W1 QLo, price trad­ing at W1 VWAP in DT


  • D1
    • D1 Bull Engulf mid swing giv­ing D1-C‑D 12704.67
    • Over the week­end price gapped out and took out D1 Supply
  • H4
    • D1/H4 QLo reject­ed price trad­ing mid swing
  • Trend
    • Trend is Up 2/3
  • Mar­ket Profile
    • Val­ues in DT
  • LN Open
    • Prev. Day Exceed­ed ADR by 1.22
    • 0.99xASR ABove Val­ue, Out­side Range
    • Large Imbal­ance
    • Asia trad­ed lower
    • 0.81xASR Wide IBR
    • NY wider than LN

Addi­tion­al Notes

  • N.A.


  • Hypo 1
    • Short
    • (Late-)Sustained Auc­tion
  • Hypo 2
    • Long
    • Failed Auc­tion
  • Hypo 3
    • Short
    • Weak­ness From With­in IBR
  • Hypo 4
    • Long
    • Rever­sal, Auc­tion Fade

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

  • 2

Mind­ful Trad­ing (lack of sleep?)

  • Feel­ing a bit tired, will take it easy

Focus Points for trad­ing development

  • Month­ly Goals
    • Use SL scaling


Day trader. Tech geek. Sim Racing Enthusiast.

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