03 Oct 20231003 Premarket Prep GBPNZD
⇧ Detailed TradÂing Plan for LonÂdon SesÂsion with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #GBPNZD #VWAP #KeltÂner #Forex #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GBPNZD. This prep builds off of my weekÂly trade plan I made here:
The purÂpose of a preÂmarÂket prep is to find setups withÂin my weekÂly trade plan bias
NarÂraÂtive
D1
D1 Doji closÂing slightÂly lower
H4
H4 Bull Engulf at preÂviÂous demand with slight folÂlow-through closÂing above H4 VWAP in DT, curÂrentÂly tradÂing at H4 50MA in DT
Trend
Trend is DOWN 3/3
MarÂket Profile
ValÂue creÂatÂed above the previous
LN Open
0.50 x ASR- Above ValÂue — OutÂside Range
ModÂerÂate to Large Imbalance
Asia tradÂed higher
0.48xASR IBR
AddiÂtionÂal Notes
N.A.
Hypo 1
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Long
Late-SusÂtained Auction
Hypo 3
Long
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 4
Long
AucÂtion Fade
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
1
MindÂful TradÂing (1–5 Bad to Good)
3
Don’t know what all the abbreÂviÂaÂtions are? Check out my lexicon:
Check me out on othÂer platÂforms as well: