08 Dec 20231208 Premarket Prep GBPNZD
⇧ Detailed TradÂing Plan for LonÂdon SesÂsion with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #GBPNZD #VWAP #KeltÂner #Forex #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GBPNZD. 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
Price closed lowÂer withÂin D1 QLo leavÂing equal-long wicks
H4
Bull Engulf givÂing H4-C‑D 2.04103 to Evening Star, price already retraced to new supply
Trend
Trend is DOWN 3/3
MarÂket Profile
2 overÂlapÂping valÂues withÂin overÂall range
LN Open
Below ValÂue — OutÂside Range
ModÂerÂate to Large Imbalance
Prev. Day ExceedÂed ADR — Yes
Asia tradÂed — sideways
IBR — Normal
AddiÂtionÂal Notes
NFP today
Hypo 1
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Long
Late-SusÂtained AucÂtion — monÂiÂtor for VAA
Hypo 3
Short
SusÂtained Auction
Hypo 4
Long
AucÂtion Fade
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
2
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: