20240109 Premarket Prep GBPNZD - Bear Market Trader
This is my detailed trading plan for the London session. Including levels and hypos.
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20240109 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

D1

Price test­ing W1 Sup­ply clos­ing high­er although leav­ing longer sell­ing wick

D1 QLo reject­ed, price mid swing

H4

H4 Evening Star at W1/D1 Sup­ply coin­cid­ing with H4 200MA DT just below H4 QHi

H4 200MA DT / VWAP UT APEX

Pos­si­ble H4 Phase 1 / 3

Trend

Trend is DOWN 2/3

Mar­ket Profile

Wide Val­ue cre­at­ed in UT

LN Open

With­in Value

Prev. Day Exceed­ed ADR — Yes

Asia trad­ed — higher

IBR — Normal

Addi­tion­al Notes

N.A.

Hypo 1

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Short

Late-Sus­tained Auction

Hypo 3

Long

Auc­tion Fade

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

2

Mind­ful Trad­ing (1–5 Bad to Good)

2

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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