20231220 Premarket Prep Gold - Bear Market Trader
This is my detailed trading plan for the London session. Including levels and hypos.
day trade, day trading, forex, FX, trade plan, trading plan, XAU USD, XAUUSD, GOLD, FX, premarket prep, pre-market prep, tradingforex, traderlifestyle, daytraderlife,
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20231220 Premarket Prep Gold

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

#Fin­twit #XAUUSD #GOLD #VWAP #Kelt­ner #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:

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

Nar­ra­tive

D1

D1 closed high­er with­in D1 Sup­ply LiDC

H4

Price closed high­er and is con­sol­i­dat­ing with­in Supply

Trend

Trend is DOWN 3/3

Mar­ket Profile

Val­ue cre­at­ed above the previous 

LN Open

Above Val­ue — Out­side Range

Large Imbal­ance

Prev. Day Exceed­ed ADR — Yes

Asia trad­ed — higher

IBR — Tight

Addi­tion­al Notes

N.A.

Hypo 1

Short

Sus­tained Auction

Hypo 2

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 3

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 4

Long

Late-Sus­tained Auction

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:

Check me out on oth­er plat­forms as well:

T3chAddict
t3chaddict@bearmarkettrader.com

Day trader. Tech geek. Sim Racing Enthusiast.

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