20240611 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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20240611 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

Price trad­ing with­in QLo

Wide QLo

D1 closed above D1 demand but failed to close above D1 QLo

H4

Price trad­ing with­in QLo

Wide D1/H4 QLo

Trend

Trend is DOWN 2/3

Mar­ket Profile

Val­ue cre­at­ed below the previous

LN Open

Above Val­ue — With­in Range

Mod­er­ate to Large Imbalance

Prev. Day Exceed­ed ADR — No

Asia trad­ed — lower

IBR — Very Tight

Addi­tion­al Notes

N.A.

Hypo 1

Long

Sus­tained Auc­tion — Late-Sus­tained Auc­tion preferred

Hypo 2

Short

Rever­sal — Pos­si­ble Failed Auc­tion pos­si­ble 3‑I Day, pos­si­ble Val­ue Acceptance

Hypo 3

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 4

Short

Val­ue Acceptance

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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