30 Oct 20231030 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:

GBPNZD 2023 Week 44 Trad­ing Plan

The pur­pose of a pre­mar­ket prep is to find setups with­in my week­ly trade plan bias

Nar­ra­tive

D1

D1 Phase 1 / 3 continued

H4

Big H4 Bear Engulf at D1 Sup­ply, ham­mer in premarket

Trend

Trend is DOWN 3/3

Mar­ket Profile

3 day bracket

LN Open

0.00 x ASR- Below Val­ue — With­in Range, ambigu­ous open

Mod­er­ate Imbalance

Asia trad­ed lower

0.72xASR IBR, pos­si­ble momentum

ADR Exhaus­tion just below IBL

Addi­tion­al Notes

Ranges tight

Hypo 1

Short

Sus­tained Auc­tion, late-sus­tained preferred

Hypo 2

Long

Failed Auc­tion

Hypo 3

Long

Val­ue Acceptance

Hypo 4

Long

Auc­tion Fade

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

2

Mind­ful Trad­ing (1–5 Bad to Good)

1

Don’t know what all the abbre­vi­a­tions are? Check out my lexicon:

Lex­i­con

Check me out on oth­er plat­forms as well:

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