14 Nov 20231114 Premarket Prep Gold
⇧ Detailed TradÂing Plan for LonÂdon SesÂsion with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #XAUUSD #GOLD #VWAP #KeltÂner #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GOLD. This prep builds off of my weekÂly trade plan I made here:
The purÂpose of a preÂmarÂket prep is to find setups withÂin my weekÂly trade plan bias
NarÂraÂtive
D1
Closed HighÂer as potenÂtial as a Hammer
Price tradÂing at D1 200MA near Base Supply
H4
H4 conÂsolÂiÂdaÂtion and break highÂer givÂing H4-C‑D 1938.307 (withÂin valÂue, below VAH)
Price tradÂing at H4 VWAP DT posÂsiÂble TC
Trend
Trend is UP 2/3
MarÂket Profile
ValÂue creÂatÂed below the preÂviÂous, below overÂall range
LN Open
Above ValÂue — OutÂside Range
ModÂerÂate to Large Imbalance
Prev. Day ExceedÂed ADR — No — PosÂsiÂble Momentum
Asia tradÂed — lower
IBR — Very Tight
AddiÂtionÂal Notes
N.A.
Hypo 1
Short
ReverÂsal — PosÂsiÂble Failed AucÂtion — PosÂsiÂble Continuation
Hypo 2
Long
Late-SusÂtained Auction
Hypo 3
Long
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 4
Short
AucÂtion Fade
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
1
MindÂful TradÂing (1–5 Bad to Good)
3
Don’t know what all the abbreÂviÂaÂtions are? Check out my lexicon:
Check me out on othÂer platÂforms as well: