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

  • #5,681
  • Jul 19, 2018 2:33am Jul 19, 2018 2:33am
Quoting Dutchy Daxy
DAX has GAPS to close below and a TPO pocket below. Could still jump up to +0.50% @ 12.800 zone & GAP to close June 18 @ 815 So far it doesn't cross down the Tuesdays ETH high @ 720 zone (Tuesdays RTH high @ 680) On the upside the 750 is Res level for now {image}
DAX needs to break out above 750 (Y POC) or below 700. Locked up inside that range now
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,682
  • Edited 8:27am Jul 19, 2018 8:00am | Edited 8:27am
Quoting Dutchy Daxy
{quote} DAX needs to break out above 750 (Y POC) or below 700. Locked up inside that range now
Went short in the DAX @ 700
T1+12p * 2 lot
1 to go/SL BE
+20p locked in last lot

FLAT +20p last lot
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  • #5,683
  • Jul 19, 2018 8:17am Jul 19, 2018 8:17am
DOW hit the first N POC (last Tuesday) @ -0.50% @ 25.050. Made a H&S pattern

Next down target 24.950. N POC of last week Friday

DOW still bullish, so can still easily pop again. Q2 earning can change the markets very fast.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (16 Renko) 2018_07_19 (14_53_52).png Size: 62 KB
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  • #5,684
  • Jul 19, 2018 8:48am Jul 19, 2018 8:48am
Quoting Dutchy Daxy
DOW hit the first N POC (last Tuesday) @ -0.50% @ 25.050. Made a H&S pattern Next down target 24.950. N POC of last week Friday DOW still bullish, so can still easily pop again. Q2 earning can change the markets very fast. {image}
DOW needs to get below the 25.080 zone for more down exceleration to 25.050 again (-0.50%) & 24.950 (-1.0% zone)

Price is dancing in the 25.100 zone
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,685
  • Jul 19, 2018 8:51am Jul 19, 2018 8:51am
DAX Short again @ 680
Attached Image
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  • #5,686
  • Edited 9:05am Jul 19, 2018 8:52am | Edited 9:05am
DOW short @ 25.094 Below the 100 and shows a H&S pattern

FLAT +50/52p last lot @ -0.50% zone and 50 level
Attached Image
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  • #5,687
  • Jul 19, 2018 9:00am Jul 19, 2018 9:00am
Some profit taking on the DAX & DOW.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,688
  • Edited 5:52am Jul 20, 2018 1:55am | Edited 5:52am
Quoting Dutchy Daxy
DAX has GAPS to close below and a TPO pocket below. Could still jump up to +0.50% @ 12.800 zone & GAP to close June 18 @ 815 So far it doesn't cross down the Tuesdays ETH high @ 720 zone (Tuesdays RTH high @ 680) On the upside the 750 is Res level for now {image}
DAX on its way down to fill the TPO pocket made last Tuesday.
It has to be filled down to 600/590 @-0.50%.
Depends on Q2 / Twiiter news if the price will get there

DAX & RUSSEL still bullish.
SnP & DOW pulled back a little but still look bullish.

DOW dancing on the 25K
DAX the 50 is Support level for now
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,689
  • Edited 5:52am Jul 20, 2018 5:35am | Edited 5:52am
DAX filled the TPO pocket down to -1.0%

Hit/stopped on the N POC of July 17th (Tuesday) so far

+90p exit 2 lots
1 to go.
+70p locked in last lot

FLAT +70p last lot

New TPO pocket up to 625


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  • #5,690
  • Jul 20, 2018 5:42am Jul 20, 2018 5:42am
Quoting Dutchy Daxy
DAX filled the TPO pocket down to -1.0% Hit/stopped on the N POC of July 17th (Tuesday) so far +90p exit 2 lots 1 to go. +70p locked in last lot FLAT +70p last lot New TPO pocket up to 625 {image}
...and made new TPO pocket (which has to be filled?)

Update: 1 min later it was filled already! That was fast!
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-07-20 DAX MarketProfile.png Size: 36 KB
  • #5,691
  • Jul 20, 2018 5:45am Jul 20, 2018 5:45am
Quoting Jagg
{quote} ...and made new TPO pocket (which has to be filled?) Update: 1 min later it was filled already! That was fast! {image}
Filled just now up to 620 zone/Todays VWAP level (blue dashed line)
Attached Image
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  • #5,692
  • Edited 6:48am Jul 20, 2018 5:50am | Edited 6:48am
DOW also turned to the down/Sell side on my Daily TF. Missed that trade

Looks as a first waring of the markets to POTUS.

Supprisingly the RUSSEL still keeps going up (small Caps) but these companies are less affected by a trade war (they think)

If the DOW doen'st goes much higher from here (back above the 25K again), it could show a H&S pattern, which means possible more down moves to come.

Target down 850 (N VWAP level) to 800/-1.0%
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (16 Renko) 2018_07_20 (13_08_11).png Size: 74 KB
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  • #5,693
  • Jul 20, 2018 7:53am Jul 20, 2018 7:53am
Markets are worried/angry. DAX dropps further to -1.5% just now.
GAP to close @ 470/July 12

Trump is Tweeting now. Could cause more moves

DOW made H&S pattern as posted above.

DOW Short @ 946
T1 +16p * 2 lot
1 to go........@ -0.5%. Supp level for the time being
Attached Image
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  • #5,694
  • Jul 20, 2018 8:02am Jul 20, 2018 8:02am
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  • #5,695
  • Jul 20, 2018 8:04am Jul 20, 2018 8:04am
Quoting Dutchy Daxy
Markets are worried/angry. DAX dropps further to -1.5% just now. GAP to close @ 470/July 12 Trump is Tweeting now. Could cause more moves DOW made H&S pattern as posted above. DOW Short @ 946 T1 +16p * 2 lot 1 to go........@ -0.5%. Supp level for the time being {image}
Price @ -0.5% now. See if it holds. otherwise down to 24.850/800
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  • #5,696
  • Jul 20, 2018 8:05am Jul 20, 2018 8:05am
DAX hit the July N POC @ 450 on the tick and closed the GAP

Next down trgt 12.400/-2.0% or up to cover single TOPOs up to 12.250/-1.0%
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Click to Enlarge Name: FDXM 09-18 (16 Renko) 2018_07_20 (15_06_06).png Size: 71 KB
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  • #5,697
  • Jul 20, 2018 8:08am Jul 20, 2018 8:08am
DAX counter long @ 469
T1 +10p
1 to go
FLAT +13p last lot
Attached Image
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  • #5,698
  • Jul 20, 2018 8:23am Jul 20, 2018 8:23am
DOW 900 is the key support level I think. If that 900 is crossed down, price could dropp to 700 / -1.5% zone
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  • #5,699
  • Jul 20, 2018 8:25am Jul 20, 2018 8:25am
But look the RUSSEL.
So far it doesn't blink an eye
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  • #5,700
  • Jul 20, 2018 8:35am Jul 20, 2018 8:35am
DOW needs to break out above the 25K or break out below the 24.900
Between scalping
Attached Image
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