Bear Market Trader | Premarket Prep DAX - London session
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20221124 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 above body, out­side range, with­in MN Base Sup­ply Lev­el, test­ing MN VWAP
    • MN QLo reject­ed, price trad­ing mid swing
  • W1
    • Price trad­ing above body, out­side range, trad­ing with­in W1 Supply
    • Price trad­ing deep­er with­in Wide W1 QHi

Nar­ra­tive

  • D1
    • D1 Ham­mer with­in consolidation
    • Price trad­ing with­in Wide W1/D1 QHi
  • H4
    • Extend­ed H4 Phase 1 / 3
    • Price trad­ing above H4 VWAP in UT atl­hough flattening
    • H4 RBR giv­ing H4-C‑D 14425.07
    • Price took out H4 Supply
  • Trend
    • Trend is UP 3/3
  • Mar­ket Profile 
    • 4‑day brack­et­ing range
  • LN Open
    • 0.13xASR Above Val­ue, With­in Range
    • Mod­er­ate Imbalance
    • Asia mean­dered
    • 0.55xASR IBR

Addi­tion­al Notes

  • N.A.

Hypos

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

T3chAddict
t3chaddict@bearmarkettrader.com

Day trader. Tech geek. Sim Racing Enthusiast.

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