14 Dec 20231214 Premarket Prep GBPNZD
⇧ Detailed TradÂing Plan for LonÂdon SesÂsion with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #GBPNZD #VWAP #KeltÂner #Forex #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GBPNZD. 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
D1 closed lowÂer takÂing out W1/D1 demand (popÂping of large demand could see reaction)
Price nearÂing W1/D1 QLo
H4
H4 DBD givÂing H4-C‑S 2.03497 BASE
Inside bar durÂing premarket
Trend
Trend is DOWN 3/3
MarÂket Profile
ValÂue creÂatÂed above the previous
LN Open
Below ValÂue — OutÂside Range
Huge ImbalÂance
Prev. Day ExceedÂed ADR — Yes
Asia tradÂed — lowÂer exhaustÂing ADR
IBR — Wide
AddiÂtionÂal Notes
BOE + ECB InterÂest Rate DeciÂsion today
Hypo 1
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Long
Strength From WithÂin IBR
Hypo 3
Long
Late-SusÂtained Auction
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
2
MindÂful TradÂing (1–5 Bad to Good)
4
Don’t know what all the abbreÂviÂaÂtions are? Check out my lexicon:
Check me out on othÂer platÂforms as well: