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

  • #6,301
  • Aug 30, 2018 3:46am Aug 30, 2018 3:46am
DOW is now exactly on last 2 Days lows. Crusial I think
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,302
  • Aug 30, 2018 3:50am Aug 30, 2018 3:50am
Quoting Dutchy Daxy
DOW in a sideways range/channel. Needs to break out @ some point, up or down out of this range. Upside untraded teritory Downside targets available Longs above 26.150 Shorts below 26.050 {image} {image}
Posted some time ago
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,303
  • Edited 4:27am Aug 30, 2018 3:52am | Edited 4:27am
Price closed the Aug 24 GAP and almost hit the N POC of the same day.

But the price also hit my Swing (dotted) MA line. Most of the times that is a support level as well.
My Stop (solid red/green) MA line is still very high (big spread between the 2 MA lines), so I expect the price to go up somewhere in the middle of these 2 MA lines 470<>500 zone.

No prediction. Just an observation.




Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-18 (16 Renko) 2018_08_30 (10_56_50).png Size: 72 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,304
  • Edited 5:37am Aug 30, 2018 3:55am | Edited 5:37am
Quoting Dutchy Daxy
DAX has a N POC and GAP to close of Aug 24th @ 390/385. To deep for Today I think (just above -1.5% zone) but keep it in mind

GAP is closed.
POC not yet hit. Needs a few more points only. I concider it as done. Not an exact level. Its a zone.

Carefully long @ 402
T1 +10p
T2 +20p
1 to go
+15p locked in last lot. I will try to reach the 50/60


First target -1.0% @ 430 zone HIT
Next target 450/460 zone (Todays Developing ETH POC and VWAP) HIT

It looks the DOW 050 is holding. I don't know what will happen on the US open.
Don't forget there is a huge GAP to close below down to --1.0% zone.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,305
  • Edited 4:47am Aug 30, 2018 4:34am | Edited 4:47am
Quoting Dutchy Daxy
{quote} GAP is closed. POC not yet. Needs a few points only. I concider it as done Carefully long @ 402 T1 +10p T2 +20p 1 to go +15p locked in last lot. I will try to reach the 50/60 First target -1.0% @ 430 zone HIT Next target 450/460 zone (Todays Developing ETH POC and VWAP) It looks the DOW 050 is holding. I don't know what will happen on the US open. Don't forget there is a huge GAP to close below down to --1.0% zone.
There we go.....Needs a little up push
+20p locked in last lot. Now just above -1.0%.
+30p locked in last lot

FLAT +30p last lot


DOW ticking up very slow. Popped fom 050 to 070, but @ -0.25% now. Could drop from here again.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,306
  • Edited 6:08am Aug 30, 2018 5:41am | Edited 6:08am
Quoting Dutchy Daxy
Price closed the Aug 24 GAP and almost hit the N POC of the same day. But the price also hit my Swing (dotted) MA line. Most of the times that is a support level as well. My Stop (solid red/green) MA line is still very high (big spread between the 2 MA lines), so I expect the price to go up somewhere in the middle of these 2 MA lines 470<>500 zone. No prediction. Just an observation. {image}
There we are. Back in the middle of my 2 MA lines STOP & SWING Ma's @ 500 zone.

Price tries to cover the ETH single TPOs up to 515/520 zone. Done.

DOW made a double bottom in the Over Night @ 50 and the DAX was waiting for that to happen. Second pop of the DOW 50 level.

DAX traders are following the US as sheep (in general) Except the first 2 EU CASH Hrs.
Then DAX has to digest local news.


DAX is back in its Opening Range again.

If you learn to see the structure of the market (Market Profile), then trading is half done. Makes it much easier to determine targets etc.

MP & %%% and 2 MA lines is a golden triangle. I can't trade without one of them.
Attached Image
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  • #6,307
  • Aug 30, 2018 6:11am Aug 30, 2018 6:11am
DAX Short @ 12.514

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

FLAT +20p last lot @ 500 zone and -0.5%

Will likely wait @ 500 zone to see what US will do from here

Hit the -0.25% again. Thats enough in this recovery move.

Spectacular moves Today in the DAX!!!
Attached Image
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  • #6,308
  • Aug 30, 2018 6:16am Aug 30, 2018 6:16am
Quoting Dutchy Daxy
DAX Short @ 12.514 T1 +12p * 4 lot 1 to go.SL BE Will likely wait @ 500 zone to see what US will do from here Hit the +0.25% again. Thats enough in this recovery move. Spectacular moves Today in the DAX!!! {image}
this wild horse.....it only likes to ride wild, ups and downs......
I call upon my father's spirit , watching over me
  • #6,309
  • Aug 30, 2018 6:21am Aug 30, 2018 6:21am
Quoting Brixen
{quote} this wild horse.....it only likes to ride wild, ups and downs......
Really something happening on the background.

Maybe Turkey again.
T Lira dropped again as a brick.

US also sky high and needs to cool off.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,310
  • Edited 8:19am Aug 30, 2018 8:08am | Edited 8:19am
US starts to move a little (down) but still in a Bullish mode.

DOW & NQ have missions to the downside to do.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,311
  • Edited 8:44am Aug 30, 2018 8:28am | Edited 8:44am
DOW short @ 26.081

Below Today ETH POC

Target 050

Jumps around the ETH POC

Price between my 2 MA lines, so jumpy as usual.

T1 +10p
2 to go

FLAT -15p 2 lot

-10p Total.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (25 Renko) 2018_08_30 (15_35_06).png Size: 58 KB
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  • #6,312
  • Aug 30, 2018 8:39am Aug 30, 2018 8:39am
NQ Short @ 7652

T1 +7.5p
1 to go/SL BE and trailing down

FLAT +2p last lot
Attached Image
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  • #6,313
  • Aug 30, 2018 8:43am Aug 30, 2018 8:43am
DAX & DOW want to go up

NQ wants to go down
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  • #6,314
  • Aug 30, 2018 8:46am Aug 30, 2018 8:46am
Looks DOW & NQ want to close the Y GAPS

DOW Y close @ 26.135 zone

NQ Y close @ 7665. Almost hit
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  • #6,315
  • Edited 9:08am Aug 30, 2018 8:52am | Edited 9:08am
NQ Short @ 7649
T1 +2.5p * 4 lot
1 to go
FLAT -3.5p last lot
NQ really a mess.
Still late buyers who push it up. They think the sky is the limit.



DOW Short @ 084
T1 +11p 3 lot
2 to go
T2 +15p
1 to go/SL BE last
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (25 Renko) 2018_08_30 (15_35_06).png Size: 57 KB
Attached Image
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  • #6,316
  • Aug 30, 2018 9:09am Aug 30, 2018 9:09am
Quoting Dutchy Daxy
NQ Short @ 7649 T1 +2.5p * 4 lot 1 to go FLAT -3.5p last lot NQ really a mess. Still late buyers who push it up. They think the sky is the limit. DOW Short @ 084 T1 +11p 3 lot 2 to go T2 +15p 1 to go/SL BE last {image} {image}
If the DOW gets serious below the 050, I will add probebly more shorts.

added extra lots @ 064 below the O Range.

Tricky. Support could come in again.

Tight SL Hand on the trigger

050 tested Yest and Today few times
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  • #6,317
  • Aug 30, 2018 9:16am Aug 30, 2018 9:16am
FLAT @ 070 All the shorts @ BE zone

DAX & NQ are popping again. Don't trust the DOW
New short below the 050

So far the DOW doesn't wants to give up the 050
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,318
  • Aug 30, 2018 9:26am Aug 30, 2018 9:26am
I see a dev H&S in the DOW, but when the price gets above the 090 its not valid anymore.

And it needs to cross that @#$%^ 050 !
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,319
  • Aug 30, 2018 9:32am Aug 30, 2018 9:32am
DOW short again @ 066

T1 +12p 2 lot
1 to go

FLAT BE again. NO 050 cross
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (25 Renko) 2018_08_30 (16_32_35).png Size: 57 KB
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  • #6,320
  • Edited 9:49am Aug 30, 2018 9:35am | Edited 9:49am
NQ Long @ 7666 above Y close
T1 + 4p 1 lot
T2 +5.5p 1 lot
1 to go/SL BE now

+8p locked in last lot and SL trailing. Almost @ +0.25%

Target +0.25% @ 7685

They making new rec high again. Few points only so far. Untraded teritory
Attached Image
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