20231002 Premarket Prep GBPNZD - 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, GBPNZD, FX, premarket prep, pre-market prep, tradingforex, traderlifestyle, daytraderlife,
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20231002 Premarket Prep GBPNZD

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

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

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

Nar­ra­tive

D1

Price trad­ing at D1 200MA in UT

Wide W1/D1 QHi reject­ed, price near­ing QLo

H4

Some demand cre­at­ed giv­ing H4-C‑D 2.03105 with­in val­ue below VAH

Price below H4 VWAP in DT

Trend

Trend is DOWN 3/3

Mar­ket Profile

Val­ues in DT

LN Open

0.28 x ASR- Above Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed higher

0.29xASR IBR

Prev. Day Exceed­ed ADR by 1.60

Addi­tion­al Notes

N.A. 

Hypo 1

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Long

Late-Sus­tained Auc­tion — pre­ferred to take out Asia high

Hypo 3

Short

Auc­tion Fade

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

2

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.

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