20231025 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,
19087
post-template-default,single,single-post,postid-19087,single-format-standard,bridge,ajax_fade,page_not_loaded,,qode-title-hidden,side_area_uncovered_from_content,qode-theme-ver-9.5,hide_inital_sticky

20231025 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 Bear Engulf at D1 UKC UT and MN Sup­ply giv­ing D1-C‑S 2.08605

D1 QLo reject­ed, price mid swing

Price trad­ing at D1 50MA DT

H4

Price trad­ing at OLD H4 demand at H4 50MA UT

Trend

Trend is DOWN 3/3

Mar­ket Profile

2 over­lap­ping val­ues, yesterday’s is wide

LN Open

1.27 x ASR- Below Val­ue — Out­side Range

Large to Huge Imbalance

Prev. Day Exceed­ed ADR by 1.51

Asia trad­ed lower

0.58xASR IBR

Ranges are tighter than usu­al ASR LN 71.5, Short LN 526

Addi­tion­al Notes

N.A.

Hypo 1

Short

Late-Sus­tained Auction

Hypo 2

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 3

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 4

Long

Rever­sal — Pos­si­ble Failed Auction

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.

No Comments

Post A Comment