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

  • #2,281
  • Dec 1, 2017 2:41am Dec 1, 2017 2:41am
DOW is heading down to the 24.200 (-0.25%) where the Y TPO pocket/Gap starts (down to 24.150/-0.50%)
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,282
  • Dec 1, 2017 2:46am Dec 1, 2017 2:46am
Quoting Dutchy Daxy
DAX Short again @ 880 T1 +11p 1 to go/SL BE and trailing +10p locked in last one -1.5% on the way down @ 860 to cross and the 850 zone
FLAT +10p last one
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,283
  • Dec 1, 2017 2:52am Dec 1, 2017 2:52am
Quoting Dutchy Daxy
DOW is heading down to the 24.200 (-0.25%) where the Y TPO pocket/Gap starts (down to 24.150/-0.50%)
DOW crossed the 200 amd filling up its TPO pocket
DOW Short @ 195
FLAT @ 155 bottom pocket. 1 lot only
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,284
  • Dec 1, 2017 2:54am Dec 1, 2017 2:54am
DAX on the edge of its own TPO pocket starts @ 800 down to 750 zone
now -2.0%
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,285
  • Dec 1, 2017 2:59am Dec 1, 2017 2:59am
If the DOW is crossing the -0.50%, next target down is the 24.080 zone/-0.75% and Yesterday IB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,286
  • Dec 1, 2017 3:01am Dec 1, 2017 3:01am
Just a remainder of the DAX CASH INDEX.

Daily chart (END of DAY chart, so no today action on it).

Attached Image (click to enlarge)
Click to Enlarge Name: DAX-CASH-D.PNG Size: 84 KB


Remember that strong September - gap up, gap up, gap up... Well first gap is filled right now, and if you look at other charts above, there are not much support untill 12,675 or so. This 100 points between 12,800 and 12,700 - light trading, only ONE day. No levels there, so IF and only IF DAX stays UNDER 12,850 and confirm a range breakdown, I fully expect this 100 points to be just a fast slide. But failed breakdowns are a bull market special, so we will se. Interesting period is in front of us.
Breakdown will move price probably to 12,500 area, and failed breakdown is bussiness as ussual. They can also bring back price inside the range and fail there, all that scenarios are possible.
Hope is dangerous in this game.
  • #2,287
  • Dec 1, 2017 3:01am Dec 1, 2017 3:01am
T1 +10p 1 lot
1 to go/SL BE
FLAT +17p last one

@ 25.150 is Y VWAP See it that holds

If that level doesn't hold and DOW goes deeper, DAX will follow to fill its own pocket lower down to 750


Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-17 (8 Renko) 2017_12_01.png Size: 46 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,288
  • Dec 1, 2017 3:08am Dec 1, 2017 3:08am
DAX Long @ 838
T1 +12p 1 to go.
Sl BE last one

Target 900/910
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 12-17 (8 Renko) 2017_12_01.png Size: 36 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,289
  • Dec 1, 2017 3:11am Dec 1, 2017 3:11am
DOW went down to the bottom of its pocket and DAX was waiting for that.

Now DAX will probebly wait on the 850 zone and -1.5% for further US moves

FLAT +15p last one DAX
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,290
  • Dec 1, 2017 3:15am Dec 1, 2017 3:15am
DOW will probebly zig zag for a while in the pocket zone 24.150<>200

If the DOW and SnP do not go deeper Today, DAX could recover a little

First traget up 12.910/920 and then maybe further up. Hard to say now. No predictions.

SnP went down to -0.50%. No correction. So far just a pull back.
Russel -0.75%
DOW -0.50%
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 12-17 (8 Renko) 2017_12_01 B.png Size: 35 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,291
  • Dec 1, 2017 3:21am Dec 1, 2017 3:21am
SnP Long
T1 +1p 1 lot
1 to go SL -1p
SL BE now
FLAT +2p last one

Poss. target up to 2637
Little pocket filled up @ 2637 now
Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,292
  • Dec 1, 2017 3:30am Dec 1, 2017 3:30am
Back up to its Today dev POC
T1 +11p
1 to go/SL BE

DAX is gone wait now if US markets will get back to or above their Today POCs I think
Maybe a push up to dev VWAP @ 910 (yellow line)


Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,293
  • Dec 1, 2017 3:31am Dec 1, 2017 3:31am
Will the past repeat?

Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1014122_GER30_2017-12-02_00-28-29.png Size: 26 KB
  • #2,294
  • Dec 1, 2017 3:36am Dec 1, 2017 3:36am
Quoting Dane
Will the past repeat? {image}
Don't think so.
Economies doing well. To deep and no real reason to go that deep

Think in %

Your down level is more then 20% down when I'm correct.
What needs to happen to bring the market down over 20% ???
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,295
  • Dec 1, 2017 3:43am Dec 1, 2017 3:43am
Quoting Dutchy Daxy
{quote} Don't think so. Economies doing well. To deep and no real reason to go that deep
Hey Dutch,

The idea I'm presenting is not one of reaching these levels rather the repeating of the pattern, down for over 200 pips on the first and second of December, then on the third day a rally!?

Lets see what happens...

Dane
  • #2,296
  • Dec 1, 2017 3:45am Dec 1, 2017 3:45am
Quoting Dutchy Daxy
Back up to its Today dev POC T1 +11p 1 to go/SL BE DAX is gone wait now if US markets will get back to or above their Today POCs I think Maybe a push up to dev VWAP @ 910 (yellow line) {image}
DAX is ready to pop to the VWAP 900/910 it looks, but still waiting for US
My target in 905/910 zone

US markets are below Today POCs so on Daily base bearish
On longer TF charts still bullish
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,297
  • Dec 1, 2017 3:50am Dec 1, 2017 3:50am
DAX is gone play now between its POC and VWAP of Today

US markets can't reach their Today POCs so far, so DAX pulls back again
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,298
  • Dec 1, 2017 4:05am Dec 1, 2017 4:05am
Quoting Dutchy Daxy
{quote} DAX is ready to pop to the VWAP 900/910 it looks, but still waiting for US My target in 905/910 zone US markets are below Today POCs so on Daily base bearish On longer TF charts still bullish
+20p locked in last lot
Almost @ VWAP
+30p locked in
FLAT +35p on the VWAP

Maybe to -1.0% @ 925
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,299
  • Edited 5:10am Dec 1, 2017 4:55am | Edited 5:10am
SnP and DOW long

Still below Today POCs.
Can still drop again later

DOW T1 +11p
1 to go/SL BE
FLAT +20p last one/Stuck on its POC and VWAP

SnP T1 +1p
1 to go
FLAT +1.5p last one/Stuck on its POC
Attached Image (click to enlarge)
Click to Enlarge Name: US Long PM.JPG Size: 233 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #2,300
  • Edited 5:14am Dec 1, 2017 4:58am | Edited 5:14am
Long @ 912
T1 +15p @ -1.0%
1 to go
+15p locked in last one
+20p locked in
FLAT +29p last one

Maybe a push to the 950

Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
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