Indeed, trying to out guess the market is quite dangerous. Especially, i was fixating my eyes on the small volume nodes built on yesterday. That is a formula for self destruction. Always having a big picture in mind. About the bias. Bias is not a ...

London session market profile preps and journal for DAX

After Dax ran out of the prior day's high, see where it has turned around? Last Friday's VPOC. The market maker has that liquidity pool in mind when he was running the high.

London session market profile preps and journal for DAX

DAX is ready to rotate from yesterday's VAH back into the value. Our scenario 1 is spot on, like Wbemsms has pointed out. I would like to see the TPO hole in today's profile to be repaired before moving any higher. Because I don't see the confidence ...

London session market profile preps and journal for DAX

See what level Euro has just tested and found reaction? The weekly POC of two weeks ago. I would expect some rotation from this level on to target the other side of the weekly value.

Market profile prep for Forex majors

Well, it has traded right through. I was wrong.

London session market profile preps and journal for DAX

Volume transition at the 12425 level which is between prior day's VPOC and VAL. I would expect bullish rotation from here. But admittingly, it is not like to test and drive today because the order flow lacks the conviction and speed. It is so much ...

London session market profile preps and journal for DAX

JTrade, It is so tempting to post because trading is such a lonely endeavor. It just felt good to do some interaction with fellow traders.

DAX Futures June 2018

Handy, You are really early. Are you in European time zone or not?

DAX Futures June 2018

DAX has retraced a part of the advance last week and filled a TPO hole around 12380. After all the strength formation has been maintained. Hence my bias is still bullish and I am ready to buy pullback in the form of gap fill or fib retracement. ...

London session market profile preps and journal for DAX

Great that you find this thread to be helpful. Today is my papa day to take care of the kids. I will be back on action tomorrow.

London session market profile preps and journal for DAX

Wbemsms, You are right about the big drop. ES has had a bearish engulfing bar. It might be a start of the new bearish wave. So far the damage is not yet done in DAX. But we will see how DAX is going to open next week.

London session market profile preps and journal for DAX

This is what I missed when I was away for lunch. A big drive to the upside due to short squeeze achieving 161.8 expansion target and daily R1 has turned support.

London session market profile preps and journal for DAX

Piquant, Range market can provide fantastic trading opportunities if 1. you are able to identify the range timely 2. you have the right strategy to trade the range My experience tells me that the DAX tends to be in a ranging market from the second ...

DAX Futures June 2018

Trading requires a lot of patience and no expectation. The win gives you more confidence, so that you are more relax about the outcome of each individual trade because you don't need any single trade to be in certain way. What I am practicing is ...

DAX Futures June 2018

I agree with you. There is no intention for the market to auction much higher from here, because, like you have pointed out, there is simply not enough volume to push the market much higher. The market maker can only do some upthrusts and stop run ...

London session market profile preps and journal for DAX

Selling tail appeared. This could mark the end of the bullish auction just before the lunch break.

London session market profile preps and journal for DAX

Solid trading. Very good, Brixen!

DAX Futures June 2018

A reaction can be expected at the volume cluster around 12470.

London session market profile preps and journal for DAX

The weak longs are stopped out and sheep get slaughtered. The Market maker has the liquidity pool at 12500 in his mind.

London session market profile preps and journal for DAX

Stopping precisely at the prior high? It is very likely a bear trap when market stops at a mechanical level to the tick.

London session market profile preps and journal for DAX