13 Oct 20231013 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 closed high­er above pre­vi­ous struc­ture high with­in Supply

D1 Sup­ply LiDC tak­en out

H4

Pos­si­ble H4 RBR

Trend

Trend is DOWN 2/3

Mar­ket Profile

Val­ue cre­at­ed above the previous

LN Open

1.24 x ASR- Above Val­ue — Out­side Range

Large to Huge Imbalance

Asia trad­ed higher

Prev. Day Exceed­ed ADR by 1.03

0.53xASR IBR

Addi­tion­al Notes

N.A.

Hypo 1

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

Long

Strength From With­in IBR

Hypo 4

Short

Rever­sal

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

2

Mind­ful Trad­ing (1–5 Bad to Good)

3

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

Lex­i­con

Check me out on oth­er plat­forms as well:

• Twit­ter
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