11 Oct 20231011 Premarket Prep GBPNZD

⇧ 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 GBPNZD. This prep builds off of my week­ly trade plan I made here:

GBPNZD 2023 Week 41 Trad­ing Plan

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

Nar­ra­tive

D1

D1 Inside Bar with slight­ly longer sell­ing wick although fail­ing to close with­in D1 demand

Pos­si­ble D1 Phase 1 / 3 at D1 200MA in UT

H4

Price moved high­er from D1 Demand

Trend

Trend is DOWN 3/3

Mar­ket Profile

2 over­lap­ping val­ues with­in over­all range

LN Open

0.00 x ASR- With­in Value

Asia trad­ed higher

0.35xASR IBR

Prev. Day Exceed­ed ADR by 1.05

Addi­tion­al Notes

N.A.

Hypo 1

Short

Rever­sal — Pos­si­ble Failed Auc­tion — pos­si­ble 3‑I day

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

Long

Auc­tion Fade

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

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