19 Dec 20231219 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
Price closed lowÂer below preÂviÂous strucÂture low but left a long buyÂing wick
H4
Phase 1 / 3 at H4 QLo
Trend
Trend is DOWN 3/3
MarÂket Profile
ValÂue creÂatÂed below the previous
LN Open
Above ValÂue — OutÂside Range
ModÂerÂate to Large Imbalance
Prev. Day ExceedÂed ADR — No
Asia tradÂed — lower
IBR — NorÂmal acceptÂing value
AddiÂtionÂal Notes
N.A.
Hypo 1
Long
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Short
ValÂue Acceptance
Hypo 3
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 4
Long
Late-SusÂtained Auction
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: