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

NQ is testing the last rec High again and making a new one @ 5950/+0.50% or higher

Getting closer to the 6000 every day

Goodmorning

SnP extreem low Volume. 16K only during overnight
Price/Fast MA channel below my Slow MA line so little bearish

NQ made a new rec H Yesterday. Doesn't give up and has no reason to give up, unless some big parties will take profit at some point and start selling.
Huge TPO peak @ 5918 zone and need to cross that for shorts. Price still above that level/Bullish

DAX wants to go up/in transition to upside (filling the pocket above), but SnP and expensive EURO is holding her down
Still long from Yesterday late, but not for long anymore I think

Gold is waiting inside a pocket for FOMC tomorrow.
Still long from 1237 +200p + so far

Added more lots to my DAX long trade from yesterday
Average long @ 12.115 now

T1 +20p * 2 lot
1 to go/SL BE and trailing..............
FLAT BE last lot

Not much to do Today.
Same market as Yesterday and maybe even worse

Long again MDAX @ 12.225
T1 +15p * 2 lot
1 to go/SL BE

That pocket starts to become a magnet it looks. 660<>305 zone

FDAX Long as well 1 lot @ same spot
FLAT +12p

DAX hit the 250 @ +0.50%
Needs to cross that 50%...............

Leave my SL on BE + few points last lot. (MDAX)
Want to give it swing room to reach that pocket.

So it will be BE or +50p to 75p
FLAT +40 points last lot

Got my hand on the trigger to take profit. +45 so far
Price is now inside my slow channel and could suddenly drop again.
Don't forget the DAX is still bearish (Slow MA lines still down sloping) and in transition for up moves

@ +0.75% now and they are looking for buyers to lift it to 295 zone

MDAX long again @ 12.265
Filling the pocket now/Still on the +0.75%

T1 +11p
1 to go
FLAT @ 295 +30p last lot

SnP/Russel and NQ popping as well........

There we go. Heading for 295/310

FOREX:

As the Fed prepares for its two day meeting we see the dollar remaining under pressure.

A drastic Fed announcement in the absence of a Yellen press conference or economic projections remains an unlikely scenario, so selling the dollar into strength is likely to continue. Equity markets are in the midst of earnings season now, however European markets have been under pressure from the strength of their currencies.

EURO/US$ 1.17 now

Where can I download market profile indicator?

Depends which platform you use.

I use Ninja Trader 8 platform and bought a MP/TPO program for that platform.

Other platforms I don't know.
I bought it from www.fin-alg.com and he made TPO programs for Ninja 8 only

Sofar the best one i found for MT4 that is free is on
https://www.forexfactory.com/showthr...72#post9989672
post #9

It uses a white box for the value area which in my opinion isnt great if you use a black background.

SnP makes new rec high (again) 2500 in sight. 23p to go.

NQ 40p to go for the 6000, but looks a little tired.
Still above last Weeks POC @ 5920 zone and July Monthly POC @ 5918.

Once below the W POC & Monthly POC's, we could maybe see some more down force.

DAX Long @ 12.260
SL @ 250/252 (+0.50% level)
SL 255 now. Takes to long
SL BE now

Today POC @ 12.270. Needs to be crossed......Res. level


Maybe its gone fill the rest of the pocket up to 300

German IFO was better then expected. Rec High

I think NQ will down and dax will follow it.
As you know main trend is bearish for dax till below 12.300

NQ Short 1 lot @ 5930.75
+4p locked
+5p locked
Flat +5p . Just a little scalp. Remains above that 5920/18 zone so far

Lower highs

I will add more if it gets below the 5918 zone (red arrow)

SnP still with its nose up and DAX wants to see the 300

NQ and DAX are very different markets. I never compare the moves of these 2 markets.
So if the NQ goes down, it doesn't mean the DAX will go down too. (and vise versa)

T1 +15p
1 to go/SL BE and trailng
FLAT BE last lot

Trying to cross the Today POC now @ 272

NQ short again @ 5923
FLAT -5p 1 lot. Need to wait for the 5920/18 down cross.
Forming a wedge or triangle pattern

Lets see if it can cross the 5920/18
Tight SL. Coffee Hr now

First target down @ 5910/-0.25%

SnP and RUSSEL still pushing up

RUSSEL Short @ 1451.3 from the +1.0%

T1 +11p * 4 lot
1 to go/SL -6p
SL BE