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

DAX Long again @ 307

T1 +10p 3 lot
1 to go

FLAT -10p again last lot. As said: DAX in a chop zone/between MA lines

DOW ticking up little

DAX Spot bounced off the 300 (so far)

Y GAP closed

DAX Long @ 289 Y close bounce

T1 +20p 2 lot
1 to go/SL BE zone

FLAT BE last lot

DOW Long @ 25.104
T1 +11p
T2 +20p
1 to go

FLAT -5p last lot. Also DOW price between MA lines so no edge here, same as the DAX

Bounced off Y ETH POC and my Swing MA line.

DAX Short @ 11.280

T1 +10p * 3 lot
2 to go
T2 +15p 1 lot
1 to go/SL BE
FLAT BE last lot

Target
11.250/240/-0.25%
11.210/-0.5%

DOW & NQ price locked up/captured between Y ETH POC & Todays Dev ETH POC. Need a break out above/below these POCs

Looks DOW is going to test the 25K (tested) and the NQ the 7050 (tested)or even 7000 (Y RTH POC) again. Both on their Y POCs now

CAC below the 5000 again
FTSI below the 7000 again.
Just popped above the BRN.


Markets still nervous. Q3 earnings very mixed and a lot of bears behind the trees & on the road

Markets start to move a little upwards, but price DOW & NQ still between MA lines.

DOW broke out
Long @ 25.154
@ +0.5% now
Target 330/N ETH POC Monday
https://www.forexfactory.com/showthr...4#post11620764

DAX still between MA lines, but following US markets now
Long @ 11.324
Still in the Open Range
Target Todays high @ +1.0% level or higher/400 and then Daily GAP close
https://www.forexfactory.com/showthr...1#post11620491

DOW hit the N POC of Monday & closed the Oct 22 GAP
+140p locked in last lot

FLAT +140p last lot

NQ also Long 7130

Close to +0.25% @ 7150

+10p locked in last lot
+15p locked in last lot
FLAT +15p last lot

NQ has a little Y RTH TPO pocket. Price could drop to 7115<>7100 to fill that TPO pocket

DAX still between MA lines, but following US markets now
Long @ 11.324
Still in the Open Range
Target Todays high @ +1.0% level or higher/400 and then Daily GAP close

DAX waiting for further US pop up in order to close the Daily GAP up to 11.500 zone

FLAT +40p last lot

Business activity in the German private sector grew at the slowest rate for almost three-and-a-half yearsin October, according to the latest PMI surveydata, with both the manufacturing and servicesectors showing notable losses of momentum at thestart of the fourth quarter.

Earlier news came out that the French industry lags behind expectations.

President Trump escalated his attacks on Federal Reserve Chairman Jerome Powell, saying the head ofthe nation’s central bank threatens U.S. economicgrowth and appears to enjoy raising interest rates.

Hi Dutchy,

may I ask why did you switch from range bars to renko?

As far as I know I didn't. I use Renko already a long time.
Maybe I used Range Bars some years ago.

Renko is very simple. Each block present x ticks or points

DOW Long @ 25.268

T1 +11p 2 lot
1 to go

FLAT BE last lot

DAX on Y and Today RTH POC. Sideways range. No trades Today anymore I think

Same crappy markets as yesterday.
Pop in the morning. Drop on the open.

Both DOW & NQ closed the Y GAP

DOW Short @ 25.155

T1 +16p
1 to go
FLAT BE last lot

Sideline. Goes nowere

NQ Short @ 7082

T1 +8p
1 to go
+10p locked in

FLAT +10p last lot

Trgt 7060/50/-1.0%
If they break this level we could see the 7000/25 again

Markets try to make not such a sharp down move as Y, but they are on the edge

DOW @ -0.5%

NQ @ -1.0%

NQ Short @ 7062.5 but just above -1.0% and N POC. Can pop here

T1 +5p * 4 lot

1 to go
+20p locked in
+25p locked in
+30p locked in
+40p locked in @ -1.5% now
FLAT +45p last lot


Target -1.5% @ 7025

Who's gone win this battle? Bulls/Bears
Price on the sell side Swing MA so bears are in favor