20221214 Premarket Prep DAX - Bear Market Trader
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20221214 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 made a HH came near to tak­ing out Mn sup­ply and is now trad­ing with­in body, at MN VWAP, with­in MN Supply
  • W1
    • Price test­ed new­ly formed W1 Sup­ply but then pushed through and made a HH, cur­rent­ly trad­ing with­in body, with­in Wide QHi, with­in W1 Supply


  • D1
    • Pos­si­ble D1 Phase 1 / 3, price stay­ing above D1 demand HiDC but closed with a longer sell­ing wick react­ing off D1-C‑S 14606.97
    • Price trad­ing at D1 VWAP in UT
  • H4
    • Price slow­ing down below H4 UKC in R and W1 Sup­ply after leav­ing a long sell­ing wick test­ing H4 QHi
  • Trend
    • Trend is UP 3/3
  • Mar­ket Profile 
    • Wide val­ue cre­at­ed with­in a brack­et­ing range
  • LN Open
    • Prev. Day Exceed­ed ADR by 2.41
    • Open With­in Val­ue, Wide Value
    • Asia extend­ed to the upside although most­ly trad­ed sideways
    • 0.31xASR IBR

Addi­tion­al Notes

  • Inter­est rate deci­sions tomorrow


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

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

  • 1

Mind­ful Trad­ing (lack of sleep?)

  • Feel­ing okay but will take extra cau­tion as I have been under­form­ing in for­mu­lat­ing my hypos this week

Focus Points for trad­ing development

  • Month­ly Goals 
    • Use SL scaling


Day trader. Tech geek. Sim Racing Enthusiast.

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