Market Profile (MP) levels/targets for DAX DOW NQ | Page 37 | Forex Factory

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Market Profile (MP) levels/targets for DAX DOW NQ

  • #721
  • Jun 26, 2017 7:41am Jun 26, 2017 7:41am
There go the EU markets. Were waiting for this moment
DAX also pushed down to the last Week CHOP zone right to the +0.25 level/open of Today

EU markets are sideways and grinding down very little. They wait for down confirmation SnP
EU markets I mean French and Dutch and EUROSTOXX markets
DAX still sideways and hardly moving. Stuck @ 800 zone so far
It's better to be out wishing to be in... than to be in wishing to be out!
  • #722
  • Jun 26, 2017 7:52am Jun 26, 2017 7:52am
NQ completed its mission. Recovered from the 2 Weeks back huge down move caused by Goldman Sachs (acc to the papers and Forex news.)

I posted this Weekly NQ chart several times.

Watch the MP video and read the other links from last Week and you will learn to recognize the structure/targets/other levels such as POC and VWAP of the markets.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #723
  • Jun 26, 2017 8:02am Jun 26, 2017 8:02am
Tomorrow I will join webinar re the RUSSEL 2000

This market will be added the the CME group. (was ICE before)

Intresting volitile market.

Once I got data for it I wil maybe start trading it again.

This market will maybe a replacement for the SnP which is a scalp market for me.
I will keep watching a little chart of the SnP just to show market direction
Attached Image (click to enlarge)
Click to Enlarge Name: Russel.JPG Size: 98 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #724
  • Edited 8:57am Jun 26, 2017 8:44am | Edited 8:57am
NQ Long @ 5783.75
Back into the last Week Chop zone???

T1 +4p * 2 lot
2 to go.
1 lot +3p
1 to go/SL BE
FLAT BE last lot
($220,00)
Attached Image (click to enlarge)
Click to Enlarge Name: 1744 NQ Long.png Size: 65 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #725
  • Jun 26, 2017 12:44pm Jun 26, 2017 12:44pm
NQ Short @ 5781.50

Maybe a trap/Price between 2 Slow MA lines
FLAT -3p

No direction. NQ made a higher low @ 5777, but price below the Value Area
It's better to be out wishing to be in... than to be in wishing to be out!
  • #726
  • Jun 26, 2017 12:52pm Jun 26, 2017 12:52pm
DAX @ last Weekly POC @ 12.775 So DAX in balance
No clue for direction/No edge for overnight trade

Tomorrow new day with new trades/directions
It's better to be out wishing to be in... than to be in wishing to be out!
  • #727
  • Jun 26, 2017 11:08pm Jun 26, 2017 11:08pm
Goodmorning

GOLD long @ 1245.7
Attached Image (click to enlarge)
Click to Enlarge Name: 710 GC Long.JPG Size: 71 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #728
  • Jun 26, 2017 11:09pm Jun 26, 2017 11:09pm
Markets become Bearish/Gold pops.

SnP still in its last Week chop zone

NQ crossed the lines/level to the downside
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ES 09-17 (20 Range) 2017_06_27.png Size: 79 KB
Click to Enlarge Name: NQ 09-17 (35 Range) 2017_06_27.png Size: 77 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #729
  • Jun 26, 2017 11:23pm Jun 26, 2017 11:23pm
DAX just below the 2 Weekly POC (Chop zone last Week)

If markets realy become bearish DAX could dive to 12.600 zone. Virgin Weekly and last Monthly POC

If US support comes in later (again) DAx will try to test the 900 again +1.0%
Attached Image (click to enlarge)
Click to Enlarge Name: DAX Long Term.JPG Size: 240 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #730
  • Jun 26, 2017 11:24pm Jun 26, 2017 11:24pm
Quoting Dutchy Daxy
Goodmorning GOLD long @ 1245.7 {image}
GOLD popped +55p * 4 lot
1 to go...............SL trailing

Almost covered the Yesterday single TPO blocks
Top of the last singles is @ +0.50%
Attached Image (click to enlarge)
Click to Enlarge Name: 710 GC Long B.JPG Size: 64 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #731
  • Jun 26, 2017 11:46pm Jun 26, 2017 11:46pm
CL (Crude Light) Long @ 43.56 (overnight trade 1 lot)
SL BE and trailing

2 Pockets to fill above on the Weekly TPO chart
Attached Image (click to enlarge)
Click to Enlarge Name: CL 08-17 (45 Range) 2017_06_27.png Size: 57 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #732
  • Jun 26, 2017 11:49pm Jun 26, 2017 11:49pm
Quoting Dutchy Daxy
CL (Crude Light) Long @ 43.56 (overnight trade 1 lot) SL BE and trailing 2 Pockets to fill above on the Weekly TPO chart {image}

...learning from your post man.. thanks!

Market Profile is really a powerful tool.... I wonder why I was not able to delve with this much earlier.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #733
  • Jun 26, 2017 11:52pm Jun 26, 2017 11:52pm
Quoting v2vboni
{quote} ...learning from your post man.. thanks! Market Profile is really a powerful tool.... I wonder why I was not able to delve with this much earlier.
Its already an old system of market approch. Made by Streimijer somewere in 1960 I believe.
But last years advanced programs came on the market to see it on the charts.

Market Profile and TPO chart is not an indicator. Its a database and shows the market structure.

Wikipedia:
A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking to evaluate market value as it developed in the day time frame. Steidlmayer's charts displayed a bell shape, fatter at the middle prices, with activity trailing off at the higher and lower prices
It's better to be out wishing to be in... than to be in wishing to be out!
  • #734
  • Jun 26, 2017 11:55pm Jun 26, 2017 11:55pm
DAX is now on the June 23 close and Friday POC @ 12.720
Support level for now

EU markets (Dutch and French) dropped as well
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-17 (20 Range) 2017_06_27.png Size: 69 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #735
  • Jun 27, 2017 12:02am Jun 27, 2017 12:02am
DAX Short @ 728
T1 +15p
1 to go/SL Trailing

See if it wants to cross that POC down to 700 maybe/-0.50% zone

Below the -0.50% now
FLAT +28 points


SnP Short @ 2434 1 lot.
Inside the last Week chop zone. Needs to down cross 2430 seriously
It's better to be out wishing to be in... than to be in wishing to be out!
  • #736
  • Edited 12:22am Jun 27, 2017 12:09am | Edited 12:22am
SnP could pop up again to the upside of that last Week chop zone. (2 Weekly POCs Last Week POC 2434 and 2 Weeks back 2430 POC)

DAX will probebly wait here for further US move(s)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ES 09-17 (20 Range) 2017_06_27.png Size: 80 KB
Click to Enlarge Name: ES 09-17 (10 Range) 2017_06_27.png Size: 82 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #737
  • Edited 12:34am Jun 27, 2017 12:14am | Edited 12:34am
Quoting Dutchy Daxy
{quote} GOLD popped +55p * 4 lot 1 to go...............SL trailing Almost covered the Yesterday single TPO blocks Top of the last singles is @ +0.50% {image}
+60p locked in
Almost @ +0.50% and covered the first single TPO pocket
FLAT +60p last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #738
  • Jun 27, 2017 12:17am Jun 27, 2017 12:17am
Quoting v2vboni
{quote} ...learning from your post man.. thanks! Market Profile is really a powerful tool.... I wonder why I was not able to delve with this much earlier.
Hi v2vboni,
I could not use Market Profile expert adviser because it is disable ,pls can you help me?
what i can do?
You can see screenshot attached.
Attached Image
  • #739
  • Jun 27, 2017 12:18am Jun 27, 2017 12:18am
NQ down targets

Price now an a VWAP of last Week Wednesday @ 5760
If that price level can be crossed the arrows point the next down targets
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-17 (35 Range) 2017_06_27.png Size: 121 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #740
  • Jun 27, 2017 12:24am Jun 27, 2017 12:24am
SnP FLAT -1.5 point
I was affriad this should happen.
SnP keeps turning back to that chop zone. So does the DAX

Some buy support came in on all the EU markets

Draghi will speak in 30 Min.
US consumer sentiment after US open

Yellen will speak tonight
It's better to be out wishing to be in... than to be in wishing to be out!
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