Massive strong held bid appeared in CAC at 5519. It is bullish above and bearish below.

London session market profile preps and journal for DAX

Seller turned into buyer in a bullish rotation.

London session market profile preps and journal for DAX

It's gone. Next level 13000.

London session market profile preps and journal for DAX

Well, it has happened just a second after i posted the previous chart. 13050 is the level now.

London session market profile preps and journal for DAX

Strong bid is holding at 13075. If it breaks, would be another leg down.

London session market profile preps and journal for DAX

Cac is in a big trouble now. Look at the market profile that cac appeared to be topped out ending a streak of 10 days one time framing higher. Given this technical landscape, I would be more interested in shorting the European stocks than taking a ...

London session market profile preps and journal for DAX

What a stop run by the evil market maker. Look at the delta. There are a big amount of speculative long inventory built in the consolidation range between 13070 and 13100. The stop run has resulted in a dramatic correction in the long inventory ...

London session market profile preps and journal for DAX

The operator is washing the deck by aggressively dropping the bids after seeing big long market orders hit the tape. It is crucial for the operator to remove floating supply as much as possible to lighten up the weak long inventory before major mark ...

London session market profile preps and journal for DAX

Big buy orders step in at 13090. Watch for that.

London session market profile preps and journal for DAX

Cac on the other hand, has broken out of a flag formation and keeps on the bullish stride that has lasted for two weeks already.

London session market profile preps and journal for DAX

Last week, I was very sloppy in putting down my thoughts into my journals. This week I have to do better. Today DAX is opened with a bullish gap up. From the pre-open price action, we can see that the operator was loading on longs on in the gap ...

London session market profile preps and journal for DAX

In the meantime, CAC is keeping the one time framing to the upside for the 8th day in a row. I am wondering what could we attribute to this massive divergence in French equity and German equity.

London session market profile preps and journal for DAX

Several days back in NL. Both my body and brain still struggle to cope with the working pace as an intraday trader. I could not focus properly to get the morning prep done before my brain gets distracted by some tiny external stimulus or some random ...

London session market profile preps and journal for DAX

Hahaha, I am the nobody in that picture. Can't you see it, the nobody. As the saying goes, nobody is perfect and I am nobody.

London session market profile preps and journal for DAX

CAC keeps the one time framing to the upside, but the thrust has become shorter and shorter. Yesterday's profile is balanced which builds energy for the next leg. Today it has opened inside the value and got a positive reaction from the prior VAL, ...

London session market profile preps and journal for DAX

I am back from my holiday in China. My hometown city of Hangzhou has become noticeably richer after the IPO of Alibaba. It has put pressure on me that I have to think about stepping up my pace of wealth creation in order to keep up with the growth ...

London session market profile preps and journal for DAX

Not this time. I am going to back China to visit my parents. Venice is on my list for future holiday destinations. Thanks for the recommendation! Sounds really good.

London session market profile preps and journal for DAX

i will be on holiday from tomorrow on until 14th May. It seems that I am going to miss a period of challenging and exciting trading activities. Take care and trade well!

London session market profile preps and journal for DAX

Just for your information. We just had an extremely ugly 240 min bear bar in Dow. The equity space as a whole is likely to be under pressure for the coming days.

DAX Futures June 2018

Really beautiful price action today.

DAX Futures June 2018