20231010 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,
18995
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20231010 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 closed as Bear Engulf reaf­firm­ing D1-C‑S 2.04516 LiDC clos­ing below D1 200MA in UT although D1-C‑D 2.03283 still intact and fail­ure to close within

H4

Pos­si­ble new range estab­lished, price con­sol­i­dat­ing at bot­tom / H4 LKC in R

Trend

Trend is DOWN 3/3

Mar­ket Profile

Val­ue cre­at­ed below the previous

LN Open

0.36 x ASR- Below Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed lower

Prev. Day Exceed­ed ADR by 1.43

Price trad­ing at M30 50MA DT

0.63xASR IBR accept­ing value

Addi­tion­al Notes

N.A.

Hypo 1

Long

Val­ue Acceptance

Hypo 2

Short

Rever­sal — Pos­si­ble Failed Auction

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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