20240510 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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20240510 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

QLo reject­ed, price mid swing

Price trad­ing with­in W1 Sup­ply, near­ing D1 QHi

H4

QLo reject­ed, price mid swing

Price near­ing D1H4 QLo

Trend

Trend is UP 3/3

Mar­ket Profile

Val­ue Over­lap­ping the Previous

4‑day brack­et

LN Open

Above Val­ue — Out­side Range

Huge Imbal­ance

Prev. Day Exceed­ed ADR — Yes

Asia trad­ed — higher

IBR — Tight

ADR exhaus­tion not far above IB high

Addi­tion­al Notes

N.A.

Hypo 1

Long

Late-Sus­tained Auc­tion preferred

Hypo 2

Short

Sus­tained Auction

Hypo 3

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 4

Short

Auc­tion Fade

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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