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

DAX has still problems to get back to the 12K.
Its the first thing to be happen.

DOW still waiting on 26K

NQ above the 7550

To early to detect any direction for Today.

I stay on the sideline for a while and try a few scalps only (maybe)

I try a DAX long @ 11.970. See if they can/will reach the 12K again

Y close @ 933

+0.25% hit @ 980 but no further buyers yet

T1 +10p 1 lot
1 to go

FLAT BE last lot

SL BE now

As long as the DOW remains above the 26K we could see a little recovery. If not...............
Swing MA & Stop MA of the DOW charts gathered and flat. No single clue which direction it might go to.
Makes no sense trading in that area. 50/50% gambling

Techs are hit very hard. I think that is logic after that monster rally lately.
Needs to cool down now and slowly find its further new direction from here. Back with the feet on the ground again.

DAX/EU has to deal with Turkey/Italy/Migration issue/Brexit and trade tariffs. Therefore more reasons to be bearish then the DOW in my opinion.

Sideline and be patiance. That where you earn your money Today.

This is a great thread.....very surprised that so few watch this space.....

Trade well DD

Thank you La Boca.

The strange thing is I see 99 followers. They apperently follow me when I'm in bed. Whatever

I take most of the time very fast entries, based on my charts and the price action, which happens and changes from direction often very fast. (thats why I want to add the more long term strategic Swing trades to my way of trading)
So my entry posts are often to late to follow instantly.

On the other hand I show many tools/ideas and suggestions where and how to trade (which is not always the best way) so that traders can implant and use it in their own trading strategy if they can work with it.

If traders want to shadow trade somebodies trades, they have to go to an (often) overprized trade room. (TMHO)

This is more a learning thread.

If you can't take the responsibility of taking your own trade decisions, you should do better your homework first or learn something else.

DAX short @ 11941. Drops below the 50 and Developing POC zone but very low volume. Just scalping now and then..
Target could be 11.890/-0.50% zone

Current price @ -0.25%

T1 +11p 1 lot
Closed last lot +12p

NQ buying now. Scalping because no clear direction

Long @ 7443 Still sideways. Be carefull

T1 +4.5p * 3 lot
1 to go

FLAT BE last lot

DOW
Buy longs above 26.030/040 zone
Sell shorts below 25.950 zone
Between scalping and waiting for a break out.

NQ
Buy Longs above 7455 zone
Sell shorts below 7435/30 zone
Between scalping and waiting for a break out.

DAX above the 12K I will be a buyer again
Short scalps only. Tanked to much already

Non Farm Employment (expected higher compared with last number) could move the markets maybe to whatever direction.

I won't have to remind you that 10 Years ago the financial crisis started with the colapse of Lehman Brothers.

There are still people here who have to pay back the debt to the banks because they had to sell there house forced and lost their jobs. Banks were bailed out with tax money. Those people still paying on their debts and weren't bailed out

A few days ago one of the biggest Dutch banks got a penalty by the Dutch goverment (+/- 1 Bilijon US$)because they were helping laundering money. Biggest fine ever given here.

These guys will never learn it.

NQ hit Y low but not the 7400 (yet)

DOW is hardly reacting (yet)

NQ hit the 7400 and is looking for -1.0% @ 7380

DOW is gone test the 25.900 again and maybe -0.5% @ 25.880 zone

NQ short @ 7410 as posted earlier
T1 +6p 1 lot
1 to go

FLAT +10p @ 7400 BRN

7380 still waiting to be tested. N POC and GAP to close Aug 20/-1.0%
7345 = -1.5%

Good job numbers could make the FED more agresive to rate hikes. Thats in play now.

Battle going on now. Don't want to be part of that. Sideline for me

Looks no DAX and DOW trades anymore Today

Focused on the NQ mainly

NQ Long @ 7432
T1 +5.5p 3 lot
T2 +8p 1 lot
1 to go

FLAT -2p last lot

NQ just below its Y RTH POC @ 7440 Res level now (=also Todays ETH POC/see screenshot above)

Gone close Y GAP @ 7460

Looks the NQ found its bottom, but tricky to say just before the weekend
Made a last SL squeeze before popping?

Y GAP closed
+0.25% @7475 zone Hit

Counter short

T1 +4.5p 1 to go/SL BE

FLAT +1.5p last lot

DAX Long @ 11.931

T1 +11p
1 to go/SL trailing
FLAT +10p last

NQ short again @ 7476

T1 +6p 1 lot
FLAT +4p last lot

NQ entry zone for a Buy/Long Swing trade here or little lower again around 7450 if the price gets there again

The best Swing trade entry was @ 7440<>50 zone on the break out, but I was scalping that moment.
I forgot to place a buy order on the CFD platform.
HAd the entry zone in front of my nose and still forgotton. Shame on me.

So I wait for a pull back now