20230920 Premarket Prep Gold - Bear Market Trader
This is my detailed trading plan for the London session. Including levels and hypos.
day trade, day trading, forex, FX, trade plan, trading plan, XAU USD, XAUUSD, GOLD, FX, premarket prep, pre-market prep, tradingforex, traderlifestyle, daytraderlife,
18834
post-template-default,single,single-post,postid-18834,single-format-standard,bridge,ajax_fade,page_not_loaded,,qode-title-hidden,side_area_uncovered_from_content,qode-theme-ver-9.5,hide_inital_sticky

20230920 Premarket Prep Gold

⇧ Detailed Trad­ing Plan for Lon­don Ses­sion with HYPOS out­lined with­in link ⇧

#Fin­twit #XAUUSD #GOLD #VWAP #Kelt­ner #Mar­ket­Pro­file #Order­flow

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

Below body, with­in range, above MN demand HiDC

W1 price trading:

Above Body, WIth­in Range, price did make a HH

W1 QHi reject­ed, price trad­ing mid swing

Nar­ra­tive

D1

D1 Inside Bar at test of D1 200MA in UT pos­si­ble CAR

W1/D1 QHi reject­ed, price mid swing

H4

H4 sup­ply cre­at­ed below D1 Sup­ply giv­ing H4-C‑S 1934.879

Price trad­ing at H4 VWAP in UT although BD possible

Trend

Mixed Trend

Mar­ket Profile

Val­ues in UT

LN Open

0.40 x ASR- Below Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed lower

0.33xASR IBR

Addi­tion­al Notes

Fed Inter­est Rate Deci­sion lat­er dur­ing NY

BoE Inter­est Rate Deci­sion tomorrow

Hypo 1

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

Short

Late-Sus­tained Auction

Hypo 4

Long

Rever­sal

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

1

Mind­ful Trad­ing (1–5 Bad to Good)

2

Don’t know what all the abbre­vi­a­tions are? Check out my lexicon:

Check me out on oth­er plat­forms as well:

T3chAddict
t3chaddict@bearmarkettrader.com

Day trader. Tech geek. Sim Racing Enthusiast.

No Comments

Post A Comment