DAX Germany30

Maverick

Maverick

Master Trader
Apr 3, 2014
485
10
79
Bournemouth UK
26.04.2016.png

This is hopefully my first of many looks at the DAX seen with Heiken Ashi.
Also included are Donchian Channels - bbsqueeze - 8 EMA - 21 EMA and
my secret Buy Sell sauce from a coder in Kiev.

bbsqueeze can be found here

Future images will hopefully have the M1 the same height as the rest 🙂

My hope is that visitors will leave their interpretation of how they see
things develop and come back later to see if their forecast was correct.

Still undecided at the moment about how often to post - will await some feedback.

Next post hopefully just after London open.
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H1 bbsqueeze is showing a possible break forming BUT is it part of a bigger break forming on H4 ?

Is H4 going to keep bending the Donchian Channel or bounce of ?
 
27.04.2016.png
27.04.2016_R.png

Tomorrow I will add a London open vertical line on the Renko chart - The day started Frankfurt open at 09.00 and ends 23.00 with GKFX
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Why I am only going SHORT for the foreseeable future

Short.png

Although W1 is a liitle worrying

MN is getting ready for a major move once it gets out of the squeeze (Magenta Dots)

Could it be the Summer Indices plummet ?

H'mmm
 
Wednesday 04 May 2016
04.05.2016 minus.png

The reason I am cutting the times off the bottom of the chart - Renko is NOT affected by time and this is why the distances between the various market open and closes varies from day to day - Pure price action.
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Thursday 05 May 2016
05.05.2016 minus.png
Sorry I forgot the day range - it was 119
I was done and dusted before Tokyo Close (11.00 chart time) and have absolutely no idea what caused the spike afterwards.
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Friday 06 May 2016
06.05.2016 minus jpeg.jpg
A lot of Price Action today which equals a lot of bricks which equals a lot of information to squeeze in.

Clear to see the effect of NFP on the chart

New York Open to Chicago Open is the same as Frankfurt Open to London Open & Frankfurt Close to London Close = One Hour

London Open to New York Open = Five Hours

The Whole Chart = Fourteen Hours
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Monday 09 May 2016

09.05.2016 minus.png



Daily range at 195 is higher than the 30 day ADR of 170 - Lot of movement today 🙂
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Wednesday 11 May 2016
11.05.2016.png
You can now see just how much "noise" Renko removes and when is the busiest time of the day is - at least for the DAX
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Thursday 12 May 2016
12.05.2016.png
Very nearly extreme to extreme (R3 - S3) today.

Lot of pips up for grabs - Remember each Brick is 5

You can Ctrl & +/- to make the image bigger/smaller with Windows
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Friday 13 May 2016
13.05.2016.png
Slightly different setup - Still Renko Bricks and bbsqueeze but now with 8 and 21 EMA's plus GG-RiverFlow The vertical Open Close lines are generated with Session Open V-Line Indi - you have to open the hood and add more lines depending on how many you want to display.
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