⇧ 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:
The purpose of a premarket prep is to find setups within my weekly trade plan bias
Narrative
D1
D1 Bearish Inside Bar with longer selling wick failing to close below D1 QHi
D1 50MA / 200MA APEX nearing
H4
H4 Phase 4 closing just at H4 QLo at H4 200MA R
Trend
Trend is DOWN 3/3
Market Profile
Wide value in UT
LN Open
Below Value — Outside Range
Huge Imbalance
Prev. Day Exceeded ADR — Yes
Asia traded — lower exhausting ADR, possible unidirectional day
IBR — Normal
Additional Notes
N.A.
Hypo 1
Short
Reversal — Possible Failed Auction
Hypo 2
Short
Late-Sustained Auction
Hypo 3
Long
Late-Sustained Auction
Hypo 4
Long
Auction Fade
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:
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