13 Sep 20220913 Premarket Prep DAX

#Fin­twit #DAX #DE30Cash #Mar­ket­Pro­file #Order­flow

This is my pre­mar­ket prep for today’s Euro­pean ses­sion for DAX. This prep builds off of my week­ly trade plan I made here:

DAX 2022 Week 37 Trad­ing Plan

The pur­pose of a pre­mar­ket prep is to find setups with­in my week­ly trade plan bias

Larg­er Timeframe

• MN
  • Pos­si­ble MN consolidation
  • Price trad­ing with­in body, near­ing con­sol­i­da­tion high
• W1
  • W1 Bull Engulf reject­ing W1 QLo
  • Price trad­ing above body and range
  • Price near­ing W1 VWAP in DT, W1 Sup­ply above

Nar­ra­tive

• D1
  • D1 QLo reject­ed through RBR giv­ing D1-C‑D 12991.79 BASE near Round Number
  • Yes­ter­day closed high­er tak­ing out D1 Supply
• H4
  • H4 QLo reject­ed (shar­ing same lev­els as D1), price trad­ing mid swing
• Trend
  • Trend is Up 2/3
• Mar­ket Profile
  • Val­ues in UT
• LN Open
  • Prev. Day Exceed­ed ADR by 1.29
  • 0.54xASR Above Val­ue, Out­side Range
  • Mod­er­ate to Large Imbalance
  • Asia trad­ed lower
  • 0.37xASR IBR

Addi­tion­al Notes

• N.A.

Hypos

• Hypo 1
  • Long
  • Failed Auc­tion
• Hypo 2
  • Long
  • Late-Sus­tained Auction
• Hypo 3
  • Short
  • Failed Auc­tion
• Hypo 4
  • Short
  • Auc­tion Fade

Clar­i­ty / Con­fi­dence (1 — 5, low to high)

• 3

Mind­ful Trad­ing (lack of sleep?)

• Feel­ing okay

Focus Points for trad­ing development

• Month­ly Goals
  • Use SL scaling

• Twit­ter
• Insta­gram