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

  • #5,801
  • Edited 3:58am Aug 3, 2018 3:40am | Edited 3:58am
Quoting Dane
{quote} Hey DD, How did you get DAX long 12.555? I watch three different feeds and none got to that price? D
Futures lowest price Today 12.550/551 (I trade Futures)

CDFs lowest price 12.563/64 as far as I can see. (Demo acc just to compare)
Moves Futures<>CDFs are in general the same. Only they act on a little different price level

+/- 10 p difference Futures<>CDFs
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,802
  • Aug 3, 2018 3:46am Aug 3, 2018 3:46am
Quoting Dutchy Daxy
{quote} Futures lowest price Today 12.550/551 (I trade Futures) CDFs lowest price 12.563/64 a far as I can see. +/- 10 p difference Futures<>CDFs

Okay cool...
  • #5,803
  • Edited 8:08am Aug 3, 2018 4:32am | Edited 8:08am
Quoting Dutchy Daxy
{quote} DOW not moving. Just waiting. DAX waits @ +0.5%/ 600 zone on further US moves/news. +30p locked in last lot. FLAT +39/40p Will not cross the 600. I go long if the price does.
DAX Long again 12.595
T1 +15p 1 lot
1 to go/SL BE +2p locked in

FLAT +2p last lot
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_08_03 (11_31_49).png Size: 52 KB
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  • #5,804
  • Aug 3, 2018 4:59am Aug 3, 2018 4:59am
DOW long 25.289
T1 +15p * 2 lot
1 to go/SL BE +2p locked in

Price still "captured" between 2 MA lines (Stop<>Swing MAs)

(solid Red/Green is the SL MA line)
(dotted Red/Green line is the SWING MA line)

Can go both directions here/suddenly drop/pop
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (16 Renko) 2018_08_03 (08_44_27).png Size: 61 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,805
  • Edited 6:29am Aug 3, 2018 6:13am | Edited 6:29am
Quoting Dutchy Daxy
DOW long 25.289 T1 +15p * 2 lot 1 to go/SL BE +2p locked in Price still "captured" between 2 MA lines (Stop<>Swing MAs) (solid Red/Green is the SL MA line) (dotted Red/Green line is the SWING MA line) Can go both directions here/suddenly drop/pop {image}
TARGET 25.365 zone Thursdays N VWAP/N POC

+30p locked in
+50p locked in
+60p locked in
+70p locked in Target almost reached
+80p locked in

FLAT +80p last lot N POC Thursday hit!
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,806
  • Aug 3, 2018 8:34am Aug 3, 2018 8:34am
FLAT +34/35p last lot

Attached Image (click to enlarge)
Click to Enlarge Name: RTY 09-18 (16 Renko) 2018_08_03 (15_34_16).png Size: 90 KB
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  • #5,807
  • Aug 3, 2018 8:49am Aug 3, 2018 8:49am
DOW Long

T1 +11p * 2 lot
1 to go. SL BE now.
Looks a little H&S pattern

FLAT BE last lot

Price still between MA lines. Chop zone

Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (16 Renko) 2018_08_03 (15_49_36).png Size: 59 KB
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  • #5,808
  • Aug 3, 2018 9:04am Aug 3, 2018 9:04am
Quoting Dutchy Daxy
DOW Long T1 +11p * 2 lot 1 to go. SL BE now. Looks a little H&S pattern FLAT BE last lot Price still between MA lines. Chop zone {image}
DOW no H&S pattern. Broke it to the upside.

Long again @ 340

Now 50 in the way.

T1 +10p * 2 lot
1 to go. SL BE

FLAT BE last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,809
  • Aug 3, 2018 9:13am Aug 3, 2018 9:13am
No power in the markets. Low volume. Waiting for Q2/Tariffs/Holiday/whatever........

Done for now.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,810
  • Aug 3, 2018 9:25am Aug 3, 2018 9:25am
RSSL drops to fill the Y TPO pocket/singles
Attached Image (click to enlarge)
Click to Enlarge Name: RTY 09-18 (16 Renko) 2018_08_03 (16_19_04).png Size: 69 KB
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  • #5,811
  • Aug 3, 2018 9:43am Aug 3, 2018 9:43am
Quoting Dutchy Daxy
RSSL drops to fill the Y TPO pocket/singles {image}
Y TPO pocket filled.

Bounce up from here? Still a huge TPO pocket to fill of last week Friday up to 1695.
Probebly for next week.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,812
  • Edited 5:24am Aug 6, 2018 5:07am | Edited 5:24am
Quoting Dutchy Daxy
{quote} DAX Long again 12.595 T1 +15p 1 lot 1 to go/SL BE +2p locked in FLAT +2p last lot {image}
DAX is filling the Daily GAP last Wed/Thursday
Took out lot of SLs on the early way down/pull back/SL killers.

Still some points to go up to fill the GAP up to 700

I went long @ -0.25% (just above the Todays POC & VWAP) @ 590

Needs to cross the 650 zone now. Waiting for further US moves Today

As posted many times before: Between my 2 MA lines (STOP & SWING MAs) it is a chop zone.
Price needs to get above the +0.50% (cross above the red dotted Swing MA) for maybe more exceleration upwards.
Depends on US now
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_08_06 (11_55_45).png Size: 51 KB
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  • #5,813
  • Aug 6, 2018 5:32am Aug 6, 2018 5:32am
Interestingly DAX stopped right at Weekly pivot after the strong reaction at Thursday POC (which I missed, was still tinkering with charts testing a prototype of monthly/weekly/daily/4hour/1hour market profile I dirtily put together this w.-e. ).
Went short at Weekly Pivot (acted as clean resistance for four 5 min candles, bearish) but low confidence because it is above Frank and Lond open (usually I consider this bullish), also at Friday high (unclear bullish/bearish) so just grab 5 pips when it touched Frank open.
  • #5,814
  • Aug 6, 2018 5:49am Aug 6, 2018 5:49am
Quoting ForeverNewb
Interestingly DAX stopped right at Weekly pivot after the strong reaction at Thursday POC (which I missed, was still tinkering with charts testing a prototype of monthly/weekly/daily/4hour/1hour market profile I dirtily put together this w.-e. ). Went short at Weekly Pivot (acted as clean resistance for four 5 min candles, bearish) but low confidence because it is above Frank and Lond open (usually I consider this bullish), also at Friday high (unclear bullish/bearish) so just grab 5 pips when it touched Frank open.
I don't use 5 Min charts. I watch 1 Hr & 3 Hr charts on an other screen, but I trade from Renko charts Re 10 PA chart and Renko 16 for more daily vieuw.

This zone between my 2 MA lines (Stop & Swing MA) is always a chop zone. 9 out of 10 times.
I call it often a fish or whales mouth. Price needs to get out that area. Above the Swing or below the Stop MA line.

Traders mess around here and nobody knows where it will go to. When it breaks out that area, often a rally or anyway a decent direction starts. More momentum in the markets then. Now there is a lack of momentum.
Just messing around. Killing Stoplosses. Building up positions to break out that area (Stop & Swing MA) or market just waits here for more news/whatever it may be.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,815
  • Edited 6:05am Aug 6, 2018 5:51am | Edited 6:05am
DAX filled the Daily GAP (Wed/Thursday).

+90p locked in last lot
Close to the 700 now
+100p locked in last lot
+110p locked in last lot (SL @ 700)
FLAT @ 700 +110p

Next up target 735/+1.0% and GAP to close Aug 01
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  • #5,816
  • Aug 6, 2018 6:40am Aug 6, 2018 6:40am
DOW tested the +0.25% @ 25.480 zone.

That level is tested several times already last week.

If it can cross the 480, the first target is +0.50% and N POC of July 27 @ 25.550 zone

I don't trade the DAX (anymore) on the US open session. To slow to trade
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (12 Renko) 2018_08_06 (13_35_38).png Size: 71 KB
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  • #5,817
  • Edited 8:27am Aug 6, 2018 7:13am | Edited 8:27am
DAX rejected the 700 and completed its mission. Closed the Daily Wed<>Thursday GAP

Short just below the +0.25%

Dropped to the Todays POC/VWAP zone again. Market in balance there.

Price still between my MA lines/whales mouth. Chop. Just scalping. Last DAX trade Today

Flat +42p on the -0.25% and Todays POC
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (10 Renko) 2018_08_06 (14_07_47).png Size: 52 KB
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  • #5,818
  • Aug 6, 2018 8:34am Aug 6, 2018 8:34am
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (16 Renko) 2018_08_06 (15_33_52).png Size: 80 KB
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  • #5,819
  • Aug 6, 2018 9:55am Aug 6, 2018 9:55am
RUSSEL in a wedge.

Needs break out above 1684/85 or below 1670

Price just covered/hot the fridays POC @ 1685
Attached Image (click to enlarge)
Click to Enlarge Name: RTY 09-18 (22 Renko) 2018_08_06 (16_53_41).png Size: 63 KB
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  • #5,820
  • Aug 6, 2018 9:56am Aug 6, 2018 9:56am
NQ sideways

2 N POC to test/cover. Fridays N POC is already tested little earlier and is support ( 7386)

Needs break out above 7420 or below 7400
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-18 (20 Renko) 2018_08_06 (16_56_04).png Size: 60 KB
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