20231102 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,
19159
post-template-default,single,single-post,postid-19159,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

20231102 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

Bear­ish Spin­ning Top with longer buy­ing wick test­ing D1 Demand HiDC, pos­si­ble base

H4

Some Phase 1 / 3 above H4 QLo

Trend

Trend is UP 2/3

Mar­ket Profile

Val­ue cre­at­ed below the pre­vi­ous, with­in over­all range

LN Open

Above Val­ue — With­in Range

Mod­er­ate Imbalance

Prev. Day Exceed­ed ADR — Yes

Asia trad­ed — sideways

IBR — Tight

Addi­tion­al Notes

Unit­ed States Fed Inter­est Rate Deci­sion yesterday

Hypo 1

Short

Val­ue Acceptance

Hypo 2

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 3

Long

Sus­tained Auc­tion — late-sus­tained pre­ferred due to congestion

Hypo 4

Long

Sus­tained Auction

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.

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x