21 Sep 20230921 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:
The purpose of a premarket prep is to find setups within my weekly trade plan bias
Narrative
D1
Closed deeper within Wide D1 QLo
H4
H4 RBR to hammer testing Inside Wide H4/D1 QLo coinciding with H4 VWAP in DT possible TC
Price already testing H4-C‑D 2.07949 BASE within Wide Value at PPOC
Trend
Trend is DOWN 2/3
Market Profile
Wide Value created after DT
LN Open
0.40 x ASR- Above Value — Outside Range
Moderate to Large Imbalance
Asia traded higher
B Accepted Wide Value
0.91xASR Wide IBR
Prev. Day Exceeded ADR by 1.44
Additional Notes
BoE Interest Rate Decision
Hypo 1
Short
Value Acceptance — tricky with wide value
Hypo 2
Long
Failed Auction
Hypo 3
Short
Weakness From Within IBR
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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