29 Nov 20231129 Premarket Prep Gold
⇧ Detailed TradÂing Plan for LonÂdon SesÂsion with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #XAUUSD #GOLD #VWAP #KeltÂner #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GOLD. 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 highÂer, deepÂer withÂin Wide D1/W1 QHi but failed to close withÂin D1-C‑S 2049.120 (curÂrentÂly testÂing it)
H4
H4 Evening Star at D1 Supply
Trend
Trend is UP 3/3
MarÂket Profile
2 overÂlapÂping values
LN Open
Above ValÂue — OutÂside Range
Huge ImbalÂance
Prev. Day ExceedÂed ADR — Yes
Asia tradÂed — lower
IBR — Tight
AddiÂtionÂal Notes
N.A.
Hypo 1
Long
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Short
Late-SusÂtained Auction
Hypo 3
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 4
Long
AucÂtion Fade
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
2
MindÂful TradÂing (1–5 Bad to Good)
2
Don’t know what all the abbreÂviÂaÂtions are? Check out my lexicon:
Check me out on othÂer platÂforms as well: