02 Nov 20221102 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 44 Trad­ing Plan

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

Larg­er Timeframe

• MN
  • Price trad­ing above body, out­side range
  • MN QLo reject­ed, price trad­ing mid swing
• W1
  • Price trad­ing above body, out­side range
  • MN/W1 QLo reject­ed, price trad­ing mid swing
  • Price trad­ing at W1 200MA

Nar­ra­tive

• D1
  • Pos­si­ble D1 Phase 2 although price slow­ing down below D1 200MA price did form a Bull Engulf giv­ing D1-C‑D 13333.13 HiDC
  • Price trad­ing with­in D1 QHi with­in D1 sup­ply, D1 Sup­ply End 13555.97 not far above
• H4
  • H4 Phase 2, H4 VWAP in UT TC
• Trend
  • Trend is Up 2/3
• Mar­ket Profile
  • Val­ues in UT
• LN Open
  • Open With­in Value
  • Asia formed a Neu­tral Day but most­ly trad­ed higher
  • 0.15xASR Tight IBR

Addi­tion­al Notes

• N.A.

Hypos

• Hypo 1
  • Long
  • Failed Auc­tion, pos­si­ble 3‑I Day Continuation
• Hypo 2
  • Short
  • Late-Sus­tained Auction
• Hypo 3
  • Long
  • Auc­tion Fade

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

• 2

Mind­ful Trad­ing (lack of sleep?)

• Feel­ing okay

Focus Points for trad­ing development

• Month­ly Goals
  • Use SL scaling

• Twit­ter
• Insta­gram