20221025 Premarket Prep DAX - Bear Market Trader
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20221025 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, with­in new­ly formed MN Sup­ply Low in Dist. Curve
    • Price trad­ing above MN QLo
  • W1
    • W1 Three Out­side Up with con­tin­u­a­tion clos­ing with­in W1 Sup­ply Low in Dist. Curve and above W1 QLo
    • Price trad­ing at W1 VWAP in DT


  • D1
    • D1 QLo reject­ed, price trad­ing mid swing
    • D1 Inside Bar with longer buy­ing wick
    • Price trad­ing at D1 UKC in DT
  • H4
    • H4 Bull Engulf at H4 VWAP/UKC in UT giv­ing H4-C‑D 12843.24 with­in value
    • D1/H4 QLo reject­ed, price trad­ing mid swing
    • Pre­mar­ket formed a Bull Engulf giv­ing H4-C‑D 12945.26 High in Dist. Curve
  • Trend
    • Trend is Up 2/3
  • Mar­ket Profile
    • Wide val­ue cre­at­ed above the pre­vi­ous DT
  • LN Open
    • Prev. Day Exceed­ed ADR by 1.11
    • 0.20xASR Above Val­ue, With­in Range
    • Mod­er­ate Imbalance
    • Asia trad­ed lower
    • 0.32xASR IBR
    • Trad­ing at Round No. 13000
    • NY wider than LN

Addi­tion­al Notes

  • N.A.


  • Hypo 1
    • Long
    • Return to Val­ue, Rever­sal, Pos­si­ble Failed Auction
  • Hypo 2
    • Short
    • Failed Auc­tion
  • Hypo 3
    • Short
    • Val­ue Acceptance
  • Hypo 4
    • Long
    • 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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