20231101 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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20231101 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

MN

New close as Bull­ish Inside Bar with­in larg­er consolidation

D1

D1 Bull Engulf fail­ing to close above pre­vi­ous struc­ture high and D1 UKC DT giv­ing D1-C‑D 2.08575 HiDC (above VAH, with­in Range)

Pos­si­ble D1 VWAP UT CAS

D1 QLO reject­ed, price mid swing

H4

H4 Bear Engulf in pre­mar­ket at MN Sup­ply giv­ing H4-C‑S 2.09189

Trend

Trend is DOWN 2/3

Mar­ket Profile

Wide val­ue with­in over­all range

LN Open

Mod­er­ate to Large Imbalance

Above Val­ue — Out­side Range

Prev. Day Exceed­ed ADR

Asia trad­ed lower

Nor­mal IBR

Addi­tion­al Notes

N.A.

Hypo 1

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

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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