20230615 Premarket Prep GBPNZD - Bear Market Trader
This is my premarket prep for the London session.
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20230615 Premarket Prep GBPNZD

#Fin­twit #GBPNZD #VWAP #Kelt­ner #Forex #Mar­ket­Pro­file #Order­flow

⇧ More info with­in link ⇧

This is my pre­mar­ket prep for today’s Euro­pean ses­sion for GBPNZD. 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:

Price trad­ing with­in body duck­ing just below MN QHi. 

W1 price trading:

Below Body — With­in Range — With­in QHi — Wide Q 


  • D1
    • D1 Bear­ish Inside Bar with longer buy­ing wick, pos­si­ble con­sol­i­da­tion at D1 VWAP in UT
    • Price trad­ing with­in Wide D1/W1 QHi
  • H4
    • BIg H4 Bull Engulf giv­ing H4-C‑D 2.03814 at ADR Exhaus­tion with fol­low-through higher
  • Trend
    • Trend is UP 2/3
  • Mar­ket Profile 
    • 3 over­lap­ping values
  • LN Open
    • 0.00 x ASR- With­in Value
    • Asia formed a Neu­tral Day
    • Prev. Day Exceed­ed ADR by 1.31
    • 0.39xASR IBR

Addi­tion­al Notes

  • ECB Inter­est Rate Deci­sion later


  • Hypo 1
    • Short
    • Rever­sal — Pos­si­ble Failed Auc­tion — pos­si­ble 3‑I Day
  • Hypo 2
    • Long
    • Late-Sus­tained Auction
  • Hypo 3
    • Long
    • Auc­tion Fade as part of 3‑I day
  • Hypo 4
    • Short
    • Auc­tion Fade

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

  • 2

Mind­ful Trad­ing (1–5 Bad to Good)

  • 3

Focus Points for trad­ing development

  • Month­ly Goals 
    • Use SL scaling


Day trader. Tech geek. Sim Racing Enthusiast.

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