20231009 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,
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20231009 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

Nar­ra­tive

D1

D1 Bull Engulf with longer buy­ing wick

Gap up over the weekend

H4

H4 Phase 1 and BO to Gap up, price con­sol­i­dat­ing at H4 UKC DT

Trend

Trend is DOWN 2/3

Mar­ket Profile

4‑day brack­et­ing range

LN Open

2.53 x ASR- Above Val­ue — Out­side Range

Huge Imbal­ance

Prev. Day Exceed­ed ADR by 1.46 (includ­ing week­end gap)

Asia trad­ed higher

0.42xASR IBR

Addi­tion­al Notes

N.A.

Hypo 1

Long

Failed Auc­tion

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

Short

Auc­tion Fade

Hypo 4

Long

Auc­tion Fade

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.

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