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

  • #4,161
  • Mar 2, 2018 12:11am Mar 2, 2018 12:11am
DAX Short

T1 +12p * 4 lot
1 to go/SL BE

FLAT BE last lot



Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 03-18 (16 Renko) 2018_03_02.png Size: 67 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,162
  • Mar 2, 2018 12:22am Mar 2, 2018 12:22am
DOW Long @ 24.587
T1 +12p
T2 +20
FLAT BE last lot


DAX Long @ 12.065
T1 +11p
FLAT -10p last lot BE trade
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (30 Renko) 2018_03_02.png Size: 56 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,163
  • Edited 12:57am Mar 2, 2018 12:47am | Edited 12:57am
DAX short @ 12.028

12K is support so far

T1 +11p
1 to go
SL BE and trailing

+30p locked in.. Close to -1.5% @ 973

FLAT +30p last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,164
  • Edited 3:43am Mar 2, 2018 12:58am | Edited 3:43am
DAX price remains under my Swing MA line so bearish.

Could drop to the -2.0% @ 910, but still around the -1.5% and just above the 50 level

Short again 1 lot @ 972

FLAT BE/-2p

DAX is already down +/- 5% since Tuesday, so selling becomes more difficult now
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,165
  • Mar 2, 2018 1:37am Mar 2, 2018 1:37am
NQ long @ 6740.75 @ -0.25%

T1 +3p
1 to go

FLAT +3p last lot
(6p total. $120.00)

Target Y close @ 6751 zone
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 03-18 (20 Renko) 2018_03_02.png Size: 70 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,166
  • Mar 2, 2018 3:37am Mar 2, 2018 3:37am
Dax @ -2.0% @ 910


DOW alomost @ -1.0% @ 24.350 zone


NQ @ -1.0% @ 686
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,167
  • Mar 2, 2018 3:42am Mar 2, 2018 3:42am
Quoting Dutchy Daxy
Dax @ -2.0% @ 910 DOW alomost @ -1.0% @ 24.350 zone NQ @ -1.0% @ 686
If you keep fiting the trend you will go broke.
As with any system or strategy, it is not 100%
  • #4,168
  • Mar 2, 2018 3:47am Mar 2, 2018 3:47am
Quoting Dutchy Daxy
NQ long @ 6740.75 @ -0.25% T1 +3p 1 to go FLAT +3p last lot (6p total. $120.00) Target Y close @ 6751 zone {image}
nq long is a bad trade.
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Click to Enlarge Name: 12.png Size: 78 KB
As with any system or strategy, it is not 100%
  • #4,169
  • Edited 5:39am Mar 2, 2018 3:50am | Edited 5:39am
Quoting alicia19
{quote} nq long is a bad trade. {image}
No Is not a bad trade. Just a little counter scalp trade. I only try it on the levels I trust.
People have to work here at least a day for that money I made in that bad trade.

A bad trade is a trade which is not part of your own (well) working strategy.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,170
  • Mar 2, 2018 3:52am Mar 2, 2018 3:52am
Quoting Dutchy Daxy
{quote} No Is not a bad trade. Just a little counter scalp trade. I only try it on the levels I trust. People have to work here at least a day for that money I made in that bad trade.
I'm in a counter LONG trade now in the NQ from the -0.75% @ 6700.

A reverse on my short trade from -0.25% @ 6738
T1 +5p
1 to go/SL BE
FLAT +8p second lot.

Bad trade as well? Took $260 from the table in this little counter trade.

Learn to see the levels and play with the markets. Don't let them play with you.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,171
  • Mar 2, 2018 3:54am Mar 2, 2018 3:54am
Quoting Dutchy Daxy
{quote} I'm in a counter LONG trade now in the NQ from the -0.75% @ 6700 now. A reverse on my short trade from -0.25% @ 6738 T1 +5p 1 to go/SL BE
well if you are using the 1 minute chart to scalp you can make some money .
but you will need to have fast pistol trigger finger
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 61 KB
As with any system or strategy, it is not 100%
  • #4,172
  • Mar 2, 2018 3:59am Mar 2, 2018 3:59am
Quoting alicia19
{quote} well if you are using the 1 minute chart to scalp you can make some money .
Maybe I could, but I stick to my plan/strategies.
Besides Renko I use 5 Min charts which do very well.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,173
  • Mar 2, 2018 4:15am Mar 2, 2018 4:15am
Quoting Dutchy Daxy
{quote} Maybe I could, but I stick to my plan/strategies. Besides Renko I use 5 Min charts which do very well.
please post your 5 minutes chart to see if i can get part of your plan and combine with my plan
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As with any system or strategy, it is not 100%
  • #4,174
  • Mar 2, 2018 4:21am Mar 2, 2018 4:21am
Quoting alicia19
{quote} please post your 5 minutes chart to see if i can get part of your plan and combine with my plan {image}
My 5 Min chart has no indicators. Naked chart (except % levels)

So nothing exciting on that one.

I see more set ups/patterns in my Renko charts.
5 Min. chart is just a support chart.
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 03-18 (15 Minute) _ YM 03-18 (15 Minute) _ ES 03-18 (15 Minute) _ NQ 03-18 (15 Minute) 2018.png Size: 46 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,175
  • Edited 4:38am Mar 2, 2018 4:25am | Edited 4:38am
Quoting Dutchy Daxy
{quote} My 5 Min chart has no indicators. Naked chart (except % levels) So nothing exciting on that one. I see more set ups/patterns in my Renko charts. 5 Min. chart is just a support chart. {image}
then you using 15 minutes no 5 minutes to enter?
can you share your % levels and explaing your tradind rules without taking too many pages to explain it?
As with any system or strategy, it is not 100%
  • #4,176
  • Mar 2, 2018 4:43am Mar 2, 2018 4:43am
Quoting alicia19
{quote} then you using 15 minutes no 5 minutes to enter? can you share your % levels and explaing your tradind rules without taking too many pages to explain it?
Sorry Typo. I use this 15 Min chart only. No 5 Minutes.
For entries I watch Renko charts

% Levels are calculated on the previous Day Cash close.
Nothing special on that. They work like Pivot Points (only much better then Pivot Points)

Big traders/institutions work with % moves/swings of the markets. They don't calculate in points of the markets like small retail trades do..
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,177
  • Mar 2, 2018 5:13am Mar 2, 2018 5:13am
That is what daytraders need.
Moves/Swings/Volatility

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  • #4,178
  • Mar 2, 2018 5:18am Mar 2, 2018 5:18am
Quoting Dutchy Daxy
{quote} Sorry Typo. I use this 15 Min chart only. No 5 Minutes. For entries I watch Renko charts % Levels are calculated on the previous Day Cash close. Nothing special on that. They work like Pivot Points (only much better then Pivot Points) Big traders/institutions work with % moves/swings of the markets. They don't calculate in points of the markets like small retail trades do..
Thanks. You exlained it in few words,
i did not find the % levels indicator for my MT4.
do you have a template for mt4?
As with any system or strategy, it is not 100%
  • #4,179
  • Mar 2, 2018 5:24am Mar 2, 2018 5:24am
Quoting alicia19
{quote} Thanks. You exlained it in few words, i did not find the % levels indicator for my MT4. do you have a template for mt4?
No Sorry. I use Ninja platform and made the % indicator myself.
Not familiar with Meta Trader.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #4,180
  • Mar 2, 2018 5:51am Mar 2, 2018 5:51am
Long DAX 915 from the -2.0% Bounced from that level
T1 +15p * 4 lot
1 to go
+45p locked in
Target -1.5%
FLAT +45p last lot Almost hit the -1.5%


NQ Long @ +1.0% level @ 6685
FLAT +9p last lot

Both counter trades so quick profit taking. Hit and run.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NQ 03-18 (20 Renko) 2018_03_02.png Size: 60 KB
Click to Enlarge Name: FDXM 03-18 (16 Renko) 2018_03_02.png Size: 58 KB
It's better to be out wishing to be in... than to be in wishing to be out!
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