14 Aug 20230814 Premarket Prep Gold

⇧ Detailed Trad­ing Plan for Lon­don Ses­sion with HYPOS out­lined with­in link ⇧

#Fin­twit #GBPNZD #VWAP #Kelt­ner #Forex #Mar­ket­Pro­file #Order­flow

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

Gold 2023 Week 33 Trad­ing Plan

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

Larg­er Timeframe

MN price trading:

Price below Body, with­in range, with­in MN demand HiDC

W1 price trading:

Price closed with­in W1 Demand, price trad­ing with­in body

Nar­ra­tive

D1

Price trad­ing above D1 Demand, with­in Wide D1 QLo

H4

H4-C‑S 1917.865 VWAP DT TC LiDC

Trend

Trend is UP 2/3

Mar­ket Profile

Wide val­ue over­lap­ping slight­ly the previous

LN Open

0.42 x ASR- Below Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed lower

0.47xASR IBR

Addi­tion­al Notes

N.A.

Hypo 1

Short

Failed Auc­tion

Hypo 2

Long

Late-Sus­tained Auc­tion pos­si­ble VAA

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

2

Mind­ful Trad­ing (1–5 Bad to Good)

2

Don’t know what all the abbre­vi­a­tions are? Check out my lexicon:

Lex­i­con

Check me out on oth­er plat­forms as well:

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