Market Profile (MP) levels/targets for DAX DOW NQ | Page 271 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Market Profile And Volume Profile MT5 7 replies

London session market profile preps and journal for DAX 350 replies

MT4 broker offering DAX, DOW, Oil & Major Indices 18 replies

Stocks index trading journal: sp500, dow, nasdaq, dax, ftse 15 replies

Market profile trader-Merged profile 0 replies

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

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

  • #5,401
  • Edited 12:47am Jun 15, 2018 12:21am | Edited 12:47am
DAX refuses to go down after this Y crazy up rally.
Maybe after the expiration Today. (Quad Witching Day)

STill an up GAP to close @ 13.173 May 22/+0.50% (up target)

Down there is a huge Gap/TPO pocket to fill (after expiration I think/hope)
I will look for shorts below 13.100 (bottom IB)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (15 Minute) 2018_06_15 (09_21_14).png Size: 46 KB
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_06_15 (09_21_42).png Size: 63 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,402
  • Jun 15, 2018 12:33am Jun 15, 2018 12:33am
German Cars will be hit. This DAX up mve doesn't rime with the problems to come.
Attached Image (click to enlarge)
Click to Enlarge Name: Knipsel 2 JPG.JPG Size: 58 KB
Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,403
  • Edited 2:20am Jun 15, 2018 12:59am | Edited 2:20am
DAX Short @ 107
T1 +11p * 2 lot
2 to go/SL BE

Up target:
13.180 +0.50% & May 22 GAP to close

Down targets:
13K
12.950
12.855
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (15 Minute) 2018_06_15 (09_59_48).png Size: 45 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,404
  • Edited 5:53am Jun 15, 2018 3:30am | Edited 5:53am
Quoting Dutchy Daxy
DAX Short @ 107 T1 +11p * 2 lot 2 to go/SL BE Up target: 13.180 +0.50% & May 22 GAP to close Down targets: 13K 12.950 12.855 {image}
1 lot closed +58p @ -0.50% level
1 to go

FIBO 50% middle of the up move @ 13k. Thats my last target.
13K is the middle of Y TPO singles and -1.0% of Y close.

Price now @ -0.50%/13.050 and hesitates
+30p locked in last lot @ -0.25% (and with wide distance trailing down)
+40p locked in last lot
+60p locked in last lot. Approching the 13k to I tighten my SL (DOW heading the 25K as well)
+70p locked in last lot
+80p locked in last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,405
  • Jun 15, 2018 5:48am Jun 15, 2018 5:48am
Quoting Dutchy Daxy
{quote} 1 lot closed +58p @ -0.50% level 1 to go FIBO 50% middle of the up move @ 13k. Thats my last target. 13K is the middle of Y TPO singles and -1.0% of Y close. Price now @ -0.50%/13.050 and hesitates +30p locked in last lot @ -0.25% (and with wide distance trailing down) +40p locked in last lot +60p locked in last lot. Approching the 13k to I tighten my SL (DOW heading the 25K as well) +70p locked in last lot
Expiration is done. DAX profit taking now after this Y up move/rally.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,406
  • Jun 15, 2018 5:58am Jun 15, 2018 5:58am
Quoting Dutchy Daxy
{quote} 1 lot closed +58p @ -0.50% level 1 to go FIBO 50% middle of the up move @ 13k. Thats my last target. 13K is the middle of Y TPO singles and -1.0% of Y close. Price now @ -0.50%/13.050 and hesitates +30p locked in last lot @ -0.25% (and with wide distance trailing down) +40p locked in last lot +60p locked in last lot. Approching the 13k to I tighten my SL (DOW heading the 25K as well) +70p locked in last lot +80p locked in last lot
FLAT +80p last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,407
  • Jun 15, 2018 6:00am Jun 15, 2018 6:00am
Still Short in the DOW 25K reached
Pocket June 6th filling now

1 lot exit +40p
1 to go. +30p locked in

Bottom TPO pocket @ 24.970
-1.0% 24.950
Maybe covered Today or maybe next Week

FLAT +30p last lot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 09-18 (15 Minute) 2018_06_15 (14_59_40).png Size: 44 KB
Click to Enlarge Name: YM 09-18 (12 Renko) 2018_06_15 (15_02_09).png Size: 109 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,408
  • Jun 15, 2018 6:09am Jun 15, 2018 6:09am
DAX almost reached the FIBO 50% / Y VWAP and -1.0% level, all @ 12.990/980 zone

Still more single TPOs to cover, down to the -2.0% @ 12.850. I think to deep for Today.
But the tradewar becomes more serious.............
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_06_15 (15_08_22).png Size: 92 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,409
  • Jun 15, 2018 6:41am Jun 15, 2018 6:41am
Done for this Week.

Today was one of the most easyest trading days this year.

Yesterday too by the way, but I missed half of the Y up move, due to bad exit managment.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,410
  • Jun 15, 2018 9:09am Jun 15, 2018 9:09am
Quoting Dutchy Daxy
{quote} Trade the DAX in the EU morning and WATCH the DOW in the EU morning Trade the DOW in the US morning and WATCH the DAX in the US morning (EU afternoon) "Recently have somehow noticed that movement seems cleaner for the DOW in the morning and for the DAX in the afternoon! For the DOW you are right. For the DAX you are wrong. DAX is following the US in the EU afternoon in a very slow way 9 out of 10 Days. I can make some money in the EU afternoon on the DAX , but its not worth looking @ compared with the US market moves. US first cash Hr is...
Really good suggestion!
"Better try to make money with one market and do it good than trade nothing on two markets."
I am closing out the bund and cac40 charts right way. They are not serving me at all. There are more than enough setups in DAX already.
  • #5,411
  • Jun 15, 2018 9:25am Jun 15, 2018 9:25am
Quoting BinChenUt
{quote} Really good suggestion! "Better try to make money with one market and do it good than trade nothing on two markets." I am closing out the bund and cac40 charts right way. They are not serving me at all. There are more than enough setups in DAX already.
True!
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,412
  • Edited 11:59pm Jun 17, 2018 11:17pm | Edited 11:59pm
Quoting Dutchy Daxy
DAX almost reached the FIBO 50% / Y VWAP and -1.0% level, all @ 12.990/980 zone Still more single TPOs to cover, down to the -2.0% @ 12.850. I think to deep for Today. But the tradewar becomes more serious............. {image}
DAX moving down to cover the rest of the Thursday TPO singles.
Job half done so far

DAX could go up to test the Friday low again @ -0.25%
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_06_18 (08_42_49).png Size: 66 KB
Click to Enlarge Name: YM 09-18 (12 Renko) 2018_06_18 (08_43_48).png Size: 77 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,413
  • Jun 18, 2018 12:11am Jun 18, 2018 12:11am
DAX counter scalp Long @ 952
T1 +11p * 2 lot
3 to go
T2 +7p
1 to go/SL BE
FLAT BE last lot

Can suddenly drop here. Still above the 50 zone and -0.50%. Has to be broken to the down side

Up target Friday low, but no momentum (yet)

Markets wait what will happen with the trade war tariffs.
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (15 Minute) 2018_06_18 (09_10_51).png Size: 58 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,414
  • Edited 12:40am Jun 18, 2018 12:27am | Edited 12:40am
DAX Short @ 940 (below the 50 zone and -0.50%

Targets between 900<>850

Fridays RTH & ETH POC @ 830

T1 +21p 2 lot
T2 +30p 1 lot
1 to go/+10p locked n last lot

SL back to entry +2p locked in. Need some more swing room
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,415
  • Jun 18, 2018 12:42am Jun 18, 2018 12:42am
DOW waiting on its Friday RTH POC @ 975. Needs to be broken.
A Trump tweet should help
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,416
  • Edited 2:37am Jun 18, 2018 12:57am | Edited 2:37am
Quoting Dutchy Daxy
DAX Short @ 940 (below the 50 zone and -0.50% Targets between 900<>850 Fridays RTH & ETH POC @ 830 T1 +21p 2 lot T2 +30p 1 lot 1 to go/+10p locked n last lot SL back to entry +2p locked in. Need some more swing room
+20p locked in.
SL trailing down

+30p locked in
FLAT +30p last lot

900 & -1.0% (@882) in the way. Support for now
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,417
  • Jun 18, 2018 12:58am Jun 18, 2018 12:58am
Quoting Dutchy Daxy
DOW waiting on its Friday RTH POC @ 975. Needs to be broken. A Trump tweet should help
DOW broke its Friday POC, but 50 in the way
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,418
  • Jun 18, 2018 2:37am Jun 18, 2018 2:37am
DAX covered all the Thursdays TPO singles now and heading for the Th POC little lower @ -1.5%
There we could see some support @ 820<>800. Depends on the US markets now if the DAX will hold the -1.5%
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,419
  • Edited 5:24am Jun 18, 2018 2:44am | Edited 5:24am
Quoting Dutchy Daxy
{quote} DOW broke its Friday POC, but 50 in the way
If the DOW can not hold the 840 it could drop to:

24.905 Fridays low. HIT
24.850 -1.0%
24.816 June 5th GAP to close
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,420
  • Jun 18, 2018 3:07am Jun 18, 2018 3:07am
DAX counter long @ 863

So far Th.day POC/-1.5% support

First target 880/-1.0%
Next 895/9005Todays Dev POC/VWAP zone

FLAT BE Missed my T1 with 1 point
It's better to be out wishing to be in... than to be in wishing to be out!
3 traders viewing now