Bear Market Trader | Premarket Prep DAX - London session
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20221125 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, out­side range, test­ing MN VWAP, with­in MN Base Supply
    • MN QLo reject­ed, price trad­ing mid swing
  • W1
    • Price trad­ing above body, out­side range, with­in W1 Supply
    • Price trad­ing deep­er with­in WIde W1 QHi

Nar­ra­tive

  • D1
    • D1 RBR giv­ing D1-C‑D 14481.22 HiDC
    • Price trad­ing with­in Wide W1/D1 QHi
  • H4
    • Some slow­down below D1 Supply
    • Extend­ed Phase 1 / 3
  • Trend
    • Trend is UP 3/3
  • Mar­ket Profile 
    • Val­ue cre­at­ed above the previous 
  • LN Open
    • Open With­in Value
    • Asia mean­dered sideways 
    • 0.36xASR IBR
    • Pos­si­ble Fri­day Profit-Taking

Addi­tion­al Notes

  • N.A.

Hypos

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

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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