Do you know what levels I am watching? Yesterday's daily low. Because there are plenty of stops hiding behind that level. The market maker is not going to leave that one untouched. Too sweat to leave it alone.

London session market profile preps and journal for DAX

The retail traders might be wondering, why this is a rejection when the market looks still bullish. It is the two day VWAP. DAX has been traded consistently below it. Each attempt to trade above it has been rejected. What does it say? The market ...

London session market profile preps and journal for DAX

Of course, if it were to be able to take out the VAH at 12972.5, then it is possible that DAX is going to rip to the high. That can happen only with the participation of the higher time frame players. When they are in the market, you would know.

London session market profile preps and journal for DAX

Yesterday's price action has confirmed the bearish scenario that the balance on Wednesday was in fact a distribution. I was anticipating a long liquidation the whole morning yesterday, hence didn't participate in many of the bounces from the morning ...

London session market profile preps and journal for DAX

Another big h pattern is in swiss franc that it has just done a vicious stop run. That stop run has completed the second leg of the h pattern.

Market profile prep for Forex majors

The h pattern can also turn into a three leg wedge which can be traded via Wolfe wave technique.

Market profile prep for Forex majors

By taking a second look. The pound has made a big h pattern for reversal. In the second leg of the h pattern, it be a retracement leg or it can exceed the prior low for a bit. My bad that I didn't even think about this possibility. The h pattern is ...

Market profile prep for Forex majors

No, i am afraid.

London session market profile preps and journal for DAX

I use interactive broker. That is not MT7, but ninjatrader 7.

London session market profile preps and journal for DAX

Look at the absorption below the two stop pools. The market maker was happy to grab the stops of many fools who are placing stops just below an obvious level.

Market profile prep for Forex majors

Pound has fucked my ass hard again. yesterday, there was a positive reaction from last week's POC, hence I have decided to take a long during the retacement. But I didin't see that there is a High volume node behind me. The pound tested that level ...

Market profile prep for Forex majors

To be honest, when i see you long into the down move without seeing an intention from the market maker to hold up the market, I felt sweat for you. But you have very good psyche and confidence, which helped you greatly. DAX, when market maker is in ...

DAX Futures June 2018

It is not about whether the overnight inventory has impact or not, but about anticipating what the market maker would do. Market maker sees the overnight inventory as candy and he is eager to take money from them. Then you should do the same.

DAX Futures June 2018

Fantastic Wbemsms! Please start your thread. I would be interested. Another weapon in the market maker tool box is the VWAP. I think your center of gravity system resembles or replicates their strategy to some extent, and that is why it is working ...

London session market profile preps and journal for DAX

market maker game again -- stop run behind the double bottom of yesterday's nightly session.

DAX Futures June 2018

Market maker has shown their control out of the open. The first play of the day is to run the stops behind the double bottom built after the cash close.

London session market profile preps and journal for DAX

Wbemsms, I use RanchoDinero in NT7 as my charting package.

London session market profile preps and journal for DAX

This is the TPO hole in the hourly chart.

London session market profile preps and journal for DAX

Yesterday was a balance day with a bearish tilt for DAX. That is a typical day when the day time frame player is in control, which is to say the market maker was in control. The rule of thumb is when the market gaps up/down, it is more likely to be ...

London session market profile preps and journal for DAX

The international is very good. Been there once during a corporate event when I was still working in a corporate job. I like the design of their club house. De Pan is also very good. Nice location, deep in the forest. If you like De Pan, you would ...

DAX Futures June 2018