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

  • #1,361
  • Edited 9:38am Jul 20, 2017 9:25am | Edited 9:38am
T1 +11p
T2 +20p
1 to go
+50P locked in last lot
+60P locked in last lot
FLAT +85p last lot

Target 400???/-0.25%
Looks down to -0.50% @ 370 and GAP to close July 7

Support now from the Weekly dev POC (420) and old Weekly POC 450
GAP to close @ 430
Dev POC 420

Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-17 (35 Range) 2017_07_20.png Size: 82 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,362
  • Edited 10:13am Jul 20, 2017 9:32am | Edited 10:13am
Watch the Gold.
US exhausted it looks..
US down/Gold up in general

GOLD hikes!!!

+100p so far

On 3 Weeks old POC level @ 1245 now. See if it will cross here

FLAT GC (big Gold contract) +85p (traded 1 lot only)

MGC (Mini Gold) still 1 lot running
SL 1240 just below dev Weekly POC (+30p locked in)

If the price can cross that 1245 next target 1255/1259
If it crosses the 1245 seriously I will add Long contracts again
Attached Image (click to enlarge)
Click to Enlarge Name: MGC 08-17 (45 Range) 2017_07_20.png Size: 112 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,363
  • Jul 20, 2017 10:04am Jul 20, 2017 10:04am
US support troops come in.
I shouldn't be supprised if the US markets look for the rec highs again to test

SnP remains on its Today POC @ 2470/71 zone
NQ also on its Today POC @ 5918 now.

Starbucks time so usually chop time as well.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,364
  • Jul 20, 2017 10:15am Jul 20, 2017 10:15am
Quoting Dutchy Daxy
T1 +11p T2 +20p 1 to go +50P locked in last lot +60P locked in last lot FLAT +85p last lot Target 400???/-0.25% Looks down to -0.50% @ 370 and GAP to close July 7 Support now from the Weekly dev POC (420) and old Weekly POC 450 GAP to close @ 430 Dev POC 420 {image}
Hi DD What s your take on oil
I have a target of 37 and short now seems good opportunity due to look above and fail
  • #1,365
  • Jul 20, 2017 10:17am Jul 20, 2017 10:17am
Quoting wbemsms
{quote} Hi DD What s your take on oil I have a target of 37 and short now seems good opportunity due to look above and fail
Setup with target at 48.93 seems to fail for the moment
Maybe to early to call
  • #1,366
  • Jul 20, 2017 10:18am Jul 20, 2017 10:18am
Quoting wbemsms
{quote} Setup with target at 48.93 seems to fail for the moment Maybe to early to call
Chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2017-07-20-17-16-55.png Size: 295 KB
  • #1,367
  • Jul 20, 2017 10:22am Jul 20, 2017 10:22am
Fin News paper:

The euro is Thursday to the highest point in almost two years against the dollar (1.16). Currency traders did the U.S. currency in sales following the news that the search for links between the campaign team of president Donald Trump and Russia will be extended.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,368
  • Edited 11:40am Jul 20, 2017 10:27am | Edited 11:40am
Russel short @ 1440
T1 +11p * 2 lot
FLAT +10p last lot
Bounced off the Y POC 1438.5

Needs to cross the Y POC first.
Nice pocket below made Yesterday
Attached Image
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  • #1,369
  • Jul 20, 2017 12:09pm Jul 20, 2017 12:09pm
Quoting wbemsms
{quote} Hi DD What s your take on oil I have a target of 37 and short now seems good opportunity due to look above and fail
Sorry. I just noticed your post/question

I have no Oil/CL chart anymore.
To many markets and the oil is not my favorite market.
Just follow the % up/down in the oil.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,370
  • Edited 2:09am Jul 21, 2017 1:43am | Edited 2:09am
Goooooodmorning,

DAX MA lines on the sell side of my Slow MA line, so a little sideways to Bearish.
DAX price on dev Weekly POC @ 422 zone

DAX short 12427
T1 +10p
1 to go/SL BE

Gap to close down @ 360 zone/-0.50%

Up target:
12.442 Y POC
12.485/ +0.50% and dev Weekly VWAP level

Euro still very high. 1.165 now

US markets hesitate a little to go higher since yesterday.
Going higher can still happen. Every day Q2 news coming out what can move the markets up/down.
MA lines all US markets still very strong up, so Bullish
Attached Image (click to enlarge)
Click to Enlarge Name: DAX Short 835.png Size: 93 KB
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  • #1,371
  • Edited 2:26am Jul 21, 2017 1:48am | Edited 2:26am
Gold wants to go higher.
Still long from 1237 (+100p now from my second long re entry @ 1237)
Added extra lots long @ 1245

Crossed the Weekly POC @ 1245
Up target 1258/+1.0% and 1260
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,372
  • Edited 2:35am Jul 21, 2017 2:11am | Edited 2:35am
Added more shorts to DAX trade
Sold the extra lots +12p just above 400

Still 1 lot to go
FLAT BE last lot

400 level now Hesitation

Price back up to the Weekly POC @422. Market in balance there


No news Today exept Q2 releases
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  • #1,373
  • Jul 21, 2017 2:33am Jul 21, 2017 2:33am
SnP & NQ down targets in case it falls from the cliff

Double distribution both markets on the Weekly charts
Attached Image (click to enlarge)
Click to Enlarge Name: ES and NQ Weekly AM.JPG Size: 194 KB
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  • #1,374
  • Edited 3:38am Jul 21, 2017 2:38am | Edited 3:38am
DAX up target Y VWAP @ 467 and just above that level some single TPOs/Pocket from Yesterday up to 485/+0.50%

DAX Long @ 12.439
T1 +11p
1 to go
FLAT BE last lot

@ +0.25% now @ 450 zone

US markets popped a little and DAX follows.
But DAX is sideways to bearish. My Slow/Trend MA line is flat, which means usually chop
It only tries to make a little tech correction up to fill the Y pocket (to my very humble opinion)
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-17 (20 Range) 2017_07_21.png Size: 123 KB
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  • #1,375
  • Edited 5:16am Jul 21, 2017 4:51am | Edited 5:16am
MDAX Short @ 434
FDAX Short 1 lot same spot/FLAT +30p

T1 +22 p
1 to go/SL Trailing

Targets: 390 / 0.25% hit
360 (VWAP and -0.50% and close July 7)
345 Virgin/Naked POC July 7

DAX waiting for US markets exhaustion (and suffering under high EURO)
Few ticks down in the SnP could make the DAX drop to the -0.50% @ 360/350 zone
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-17 (20 Range) 2017_07_21.png Size: 105 KB
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  • #1,376
  • Jul 21, 2017 5:20am Jul 21, 2017 5:20am
Looking for shorts In RUSSEL/NQ/SnP if the price gets below the upper TPO distribution peak.

Very often the DAX "smells" a trend change early.

Will be counter trades since the markets still very bullish, so light trading and adding contracts if down exceleration starts heading the lower pockets
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,377
  • Jul 21, 2017 5:25am Jul 21, 2017 5:25am
Quoting Dutchy Daxy
MDAX Short @ 434 FDAX Short 1 lot same spot/FLAT +30p T1 +22 p 1 to go/SL Trailing Targets: 390 / 0.25% hit 360 (VWAP and -0.50% and close July 7) 345 Virgin/Naked POC July 7 DAX waiting for US markets exhaustion (and suffering under high EURO) Few ticks down in the SnP could make the DAX drop to the -0.50% @ 360/350 zone {image}
@ 360/350 I tighten my SL close

There is the -0.50%...................

N POC @ 345????????????? Hit - few ticks

FLAT +82 points

Closed my FDAX 1 lot MUCH to early. Cost me +/-E900.00/E1000,00
Was sitting whole morning on the edge of my chair waiting fore this down move.
Price couldn't get above my Red MA channel and Slow/Trend MA line and then dropped as a brick
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,378
  • Jul 21, 2017 5:35am Jul 21, 2017 5:35am
Gold still crawling up
It's better to be out wishing to be in... than to be in wishing to be out!
  • #1,379
  • Jul 21, 2017 5:38am Jul 21, 2017 5:38am
Quoting Dutchy Daxy
{quote} @ 360/350 I tighten my SL close There is the -0.50%................... N POC @ 345????????????? Hit - few ticks FLAT +82 points Closed my FDAX 1 lot MUCH to early. Cost me +/-E900.00/E1000,00
That was nice call and great move. But...
A bird in the hand is worth two in the bush. So I won't be so sad of early close. (We can't have them all everytime)
  • #1,380
  • Jul 21, 2017 5:41am Jul 21, 2017 5:41am
Quoting martinik
{quote} That was nice call and great move. But... A bird in the hand is worth two in the bush. So I won't be so sad of early close. (We can't have them all everytime)
Absolutly right!

But I'm just a little angry on myself because I was waiting patiancly for the down move and when it came I was impatiance.
Spoiled part of the down move

Still learning as you see.
It's better to be out wishing to be in... than to be in wishing to be out!
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