20240509 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,
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20240509 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

No Q Swing

Slight fol­low-through on D1 Bear­ish Inside Bar

Price trad­ing between D1 Sup­ply and Demand

H4

QHi reject­ed, price mid swing

H4 50MA DT 200MA UT APEX

Trend

Trend is UP 3/3

Mar­ket Profile

Wide Val­ue Over­lap­ping the Pre­vi­ous for the 3rd day

LN Open

With­in Value

Prev. Day Exceed­ed ADR — No

Asia trad­ed — higher

IBR — Normal

Addi­tion­al Notes

N.A.

Hypo 1

Long

Rever­sal — Pos­si­ble Failed Auction 

Hypo 2

Short

Late-Sus­tained Auc­tion preferred

Hypo 3

Long

Rever­sal

Hypo 4

Long

Late-Sus­tained Auc­tion preferred

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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