My daughter is sick. Wont' be able to trade DAX actively today.

London session market profile preps and journal for DAX

What a beautiful maneuver in DAX again. The market maker definitely worth a round of applause that they were able to convince a boat load of retail investors that the DAX is going to make a new high very soon (including me). This group of hopeful ...

London session market profile preps and journal for DAX

Massive positive delta imbalance after the stop run. This is the market maker transitioning from limit to market orders after absorbing boat loads of stop orders.

London session market profile preps and journal for DAX

Highest volume 1min bar appeared. Sign of maximum buyers' pain, which is exactly what the market maker would like to see. Their job is to shake people out of the position. The more the market losses, the more they make.

London session market profile preps and journal for DAX

80 contracts puked.

London session market profile preps and journal for DAX

How typical DAX. Absorb the stops and reverse at the low.

London session market profile preps and journal for DAX

Longs trapped above. Watch for retest of that level.

London session market profile preps and journal for DAX

12943 has been acted as a pivot so far. Watch when this level breaks.

London session market profile preps and journal for DAX

DAX attempting to fill the TPO holes left from last week's trading. If the current level does not hold, then it is possible that it would test lower to the 12888 area. IN the back drop of weak global equity market, the path of least resistance, I am ...

London session market profile preps and journal for DAX

Really good suggestion! "Better try to make money with one market and do it good than trade nothing on two markets." I am closing out the bund and cac40 charts right way. They are not serving me at all. There are more than enough setups in DAX ...

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

Where are we after yesterday's price action? If we take a look at the long term chart, the June was trading below the volume built between 13050 and 12925 just before the high time high. That is the place where the big funds taking position. After ...

London session market profile preps and journal for DAX

Two alternative scenarios in play here: 1. making a zigzag and then go higher 2. challenge the Monday low. Now the first scenario still bears a higher probability

London session market profile preps and journal for DAX

That has turned out to be a redistribution range? I have been fooled by myself.

London session market profile preps and journal for DAX

If I were market maker, I would target yesterday's high to look for buy stop orders. The target is the 12982 high volume node built two weeks ago.

London session market profile preps and journal for DAX

DAX has fully auctioned and built value above Monday's VPOC, which is a very bullish stance. Technically, DAX has built the energy to break higher today. However, one might question the probability of do so before the major fed announcement and the ...

London session market profile preps and journal for DAX

Bullish rotation. 35 Absorption and 45 is the support now.

London session market profile preps and journal for DAX

DAX holding yesterday's Value High. But the low is a weak low. I don't expect it would hold like this. A wash out is needed to repair the chart.

London session market profile preps and journal for DAX

Watch 45 and then 20 as the down side target.

London session market profile preps and journal for DAX

Strong seller present at 12885 holding offer. DAX is not a long before that level being taken out. Most likely there will be another leg down to wash out the weak longs.

London session market profile preps and journal for DAX

Yesterday DAX has retested last week's POC before the ultimate break out. Usually before a major break out, it is not wise for the market maker to go straight from the low. It is crucial to restore energy right before running into major levels. The ...

London session market profile preps and journal for DAX