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

  • #3,141
  • Jan 16, 2018 2:39am Jan 16, 2018 2:39am
Missed the short down to the Y VWAP/POC zone
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  • #3,142
  • Jan 16, 2018 2:43am Jan 16, 2018 2:43am
EURO short @ 1.2290

T1 +15p* 2 lot
1 to go
FLAT +25p last lot
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 03-18 (19 Renko) 2018_01_16.png Size: 102 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,143
  • Edited 3:14am Jan 16, 2018 2:51am | Edited 3:14am
DAX Long @ 220

First Hr done

T1 +11p*2 lot
1 to go
FLAT BE last lot

Needs to break out it In. Balance again. 210<>240

This was the first attempt to reach the 300/320.
But German coallition talks (stop?) could be a problem for the DAX as well, together with the EURO

DAX needs to remain above Y POC @ 190/195 zone
Serious longs again above 240 (upside IB)
Between 195<>240 scalping only
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 03-18 (16 Renko) 2018_01_16.png Size: 112 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,144
  • Jan 16, 2018 3:17am Jan 16, 2018 3:17am
DAX Long again @ 240 just above +0.25% zone

Tries to break out above 240 IB zone

DAX follows US better now it looks. Not sure.
DOW & NQ tick up again

Coffee time now. No momentum
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,145
  • Edited 4:47am Jan 16, 2018 3:34am | Edited 4:47am
Quoting Dutchy Daxy
DAX Long again @ 240 just above +0.25% zone Tries to break out above 240 IB zone DAX follows US better now it looks. Not sure. DOW & NQ tick up again Coffee time now. No momentum
T1 +20p
1 to go/SL trailing

+40p locked in last lot and trailing

Last Week VWAP line hit/broken @ 285

Hit the 300

FLAT +40p last lot
Exit to early (as usual). Filling the TPO pocket now

Targets up.
220 TPO pocket fill Done
335 zone/+1.0% Hit
360 last Week POC

Target down 240 Todays POC/VWAP/+0.25%
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,146
  • Jan 16, 2018 4:56am Jan 16, 2018 4:56am
MACD & ADX showed 360 and beyond will be hit.
  • #3,147
  • Edited 5:24am Jan 16, 2018 5:10am | Edited 5:24am
DAX Short (counter) @ 336/ just below +1.0%
Target 310/305
T1 +10p
1 to go/SL BE
FLAT +11p last lot

Can still shoot to 360/last Weekly POC

DOW stopped/hesitates now @ 50 zone/+1.0% zone
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,148
  • Edited 6:13am Jan 16, 2018 5:56am | Edited 6:13am
Quoting DaxyLion
MACD & ADX showed 360 and beyond will be hit.
I don't use these indicators.
My MA lines tell me the same thing as these indicators do.

We crossed Y late and this morning my Swing MA line, so I look for longs then. (see earlier posted screenshots)

I take longs when the price crosses the Swing MA line to the upside and vise versa.
I take long re entries when the price pulled back close to/or inside the green cloud and vise versa.
As simple as that.

Of course in combination with MP/TPO levels and % levels as targets/support/resistance levels.

Thats all what trading needs. Follow a rigid strategy and flexible expectations (as somebody wrote me recently)
As soon as I divert from my strategy I'm punnished by the markets most of the times!

Counter trading (trading against the flow/trend) requires good knowledge of MP/TPO levels and % levels and a rigid SL plan. If you are a fresh trader avoid counter trading to all means.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,149
  • Jan 16, 2018 6:08am Jan 16, 2018 6:08am
H1 outside bar attraction back to bollinger band
  • #3,150
  • Edited 6:39am Jan 16, 2018 6:16am | Edited 6:39am
GOLD long (again) @ 1334.3 (bounced off the +0.50%)
T1 +20p * 3 lot
2 to go. SL BE
1 lot closed +25p
1 to go/SL BE

Price pulled back to my MA lines and there I step in again

Price came close to the $1350. $5,00 to go (50 ticks)
Attached Image (click to enlarge)
Click to Enlarge Name: MGC 02-18 (15 Renko) _ MGC 02-18 (15 Renko) 2018_01_16.png Size: 89 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,151
  • Jan 16, 2018 6:20am Jan 16, 2018 6:20am
Quoting Dutchy Daxy
{quote} I don't use these indicators. My MA lines tell me the same thing as these indicators do. We crossed Y late and this morning my Swing MA line, so I look for longs then. (see earlier posted screenshots) I take longs when the price crosses the Swing MA line to the upside and vise versa. I take long re entries when the price pulled back close to/or inside the green cloud and vise versa. As simple as that. Of course in combination with MP/TPO levels and % levels as targets/support/resistance levels. Thats all what trading needs. Follow a rigid...
Thank you very much Dutchy Daxy for all the learnings from you since I am following this thread! Your % levels always help my lagging indicators system in setting profit targets and teaching me why the price movement will be toward there and suddenly bounce.
  • #3,152
  • Edited 6:42am Jan 16, 2018 6:27am | Edited 6:42am
DAX on a mission to 380/400+ (+1.5%)

Bounced of the +0.75% so far. See if the 300 holds.

Still filling up the last Weeks TPO pocket/GAP 300<>320. When done, DAX could continue up.
Have to wait for US markets.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,153
  • Jan 16, 2018 6:41am Jan 16, 2018 6:41am
Quoting DaxyLion
{quote} Thank you very much Dutchy Daxy for all the learnings from you since I am following this thread! Your % levels always help my lagging indicators system in setting profit targets and teaching me why the price movement will be toward there and suddenly bounce.
Medium traders and big traders/institutions do not trade in points as we retailers do. They trade in % market moves.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,154
  • Edited 7:09am Jan 16, 2018 6:43am | Edited 7:09am
DAX Long again @ 13.317. Bounced off the +0.75%
T1 +11p
1 to go
FLAT BE last lot

First target 350/365 zone (365 last Weeks POC)
Next 380/400
DAX is hanging just below the +1.0% so far

As long as the US will not pull back and the higher they go........the more change/risk on a pull back.
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 03-18 (16 Renko) 2018_01_16.png Size: 111 KB
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  • #3,155
  • Edited 7:03am Jan 16, 2018 6:47am | Edited 7:03am
This Week the banks open the books Q4. Some did already last Week.
Next Week the Techs
Attached Images
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  • #3,156
  • Jan 16, 2018 7:42am Jan 16, 2018 7:42am
DAX dev POC moved up to 13.308 zone. Right in the middle of the last Weeks (now filled) TPO pocket.

Todays dev. VWAP @ 274
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  • #3,157
  • Jan 16, 2018 7:44am Jan 16, 2018 7:44am
Quoting Dutchy Daxy
GOLD long (again) @ 1334.3 (bounced off the +0.50%) T1 +20p * 3 lot 2 to go. SL BE 1 lot closed +25p 1 to go/SL BE Price pulled back to my MA lines and there I step in again Price came close to the $1350. $5,00 to go (50 ticks) {image}
FLAT BE last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,158
  • Edited 8:05am Jan 16, 2018 7:51am | Edited 8:05am
DOW testing the 26K now. On top of Todays VWAP as well.

H&S pattern?

Upper panel Y RTH TPOs
Lower panel Todays ETH TPOs

SnP still ticking up
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (9 Renko) _ YM 03-18 (9 Renko) 2018_01_16.png Size: 70 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,159
  • Edited 8:07am Jan 16, 2018 7:54am | Edited 8:07am
EURO Short again @ 1.22675

T1 +16[p
1 to go
SL trailing +35p so far........
+40p locked in............

Almost on Y low

Top panel Daily ETH TPOs
Bottom panel This Week dev TPOs
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 03-18 (19 Renko) 2018_01_16.png Size: 86 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #3,160
  • Jan 16, 2018 8:07am Jan 16, 2018 8:07am
Attached Image
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