20231004 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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20231004 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

D1 Bull Engulf giv­ing D1-C‑D 2.03283

D1 Sup­ply LiDC tak­en out

W1/D1 QHi reject­ed price trad­ing mid swing

H4

Pos­si­ble stair­case although price trad­ing at H4 UKC in DT form­ing a pos­si­ble RBR

H4-C‑D 2.04543 With­in val­ue at PPOC

Trend

Trend is DOWN 2/3

Mar­ket Profile

Val­ues in UT

LN Open

0.12 x ASR- Above Val­ue — With­in Range

Mod­er­ate Imbalance

Asia trad­ed high­er although Neu­tral Day but exhaust­ed ADR

Prev. Day Exceed­ed ADR by 1.40

0.38xASR IBR

Addi­tion­al Notes

N.A.

Hypo 1

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Short

Val­ue Acceptance

Hypo 3

Long

Sus­tained Auc­tion, pre­ferred late-sus­tained auction

Hypo 4

Short

Auc­tion Fade

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

2

Mind­ful Trad­ing (1–5 Bad to Good)

3

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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