⇧ 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
No Q Swing
D1 Bullish Inside Bar / D1 Consolidation / Base
H4
No Q Swing
H4 supply at H4 VWAP UT possible CAR giving H4-C‑S 2735.12
Trend
Trend is UP 3/3
Market Profile
Value created below the previous
LN Open
Below Value — Outside Range
Moderate to Large Imbalance
Prev. Day Exceeded ADR — No
Asia traded — lower
IBR — Normal
Open sentiment right on edge between moderate and moderate to large imbalance
Additional Notes
N.A.
Hypo 1
Short
Late-Sustained Auction preferred
Hypo 2
Long
Reversal — Possible Failed Auction
Hypo 3
Short
Reversal — Possible Failed 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:
Check me out on other platforms as well: