20240819 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,
20197
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20240819 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

No Q Swing

Big bar clos­ing above pre­vi­ous struc­ture high and at All-Time-High giv­ing D1-C‑D 2454.89 HiDC

H4

No Q Swing

Slow­down and poten­tial price fal­ter­ing at Round num­ber of 2500

Trend

Trend is UP 3/3

Mar­ket Profile

Val­ue Over­lap­ping the Previous

Wide Val­ue

LN Open

Above Val­ue — Out­side Range

Large Imbal­ance

Prev. Day Exceed­ed ADR — Yes

Asia trad­ed — sideways

IBR — Very Tight

Addi­tion­al Notes

N.A.

Hypo 1

Short

Sus­tained Auction

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)

2

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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