DAX Germany30

Discussion in 'Commodities, Stocks, and Indices' started by Maverick, Apr 26, 2016.

  1. Maverick

    Maverick Master Trader

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    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.
    .
     
  2. Maverick

    Maverick Master Trader

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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 ?
     
  3. Maverick

    Maverick Master Trader

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    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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  4. Maverick

    Maverick Master Trader

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    28.04.2016.png

    I compliled an earlier shot then it changed direction so I had to start again :(
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  5. Maverick

    Maverick Master Trader

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    29.04.2016.png
     
  6. Maverick

    Maverick Master Trader

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    Opportunities . . .

    Fri 29.04.2016.png
    .
     
  7. Maverick

    Maverick Master Trader

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    Monday 02 May 2016
    02.05.2016 minus.png
    105.0 = Todays Range - 174.9 = 30 Day Range - 5.0 = Renko Brick Size
     
  8. Maverick

    Maverick Master Trader

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    Tuesday 03 May 2016 03.05.2016 minus.png
    .
     
  9. Maverick

    Maverick Master Trader

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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
     
  10. Maverick

    Maverick Master Trader

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    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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  11. Maverick

    Maverick Master Trader

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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.
    .
     
  12. Maverick

    Maverick Master Trader

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  13. Maverick

    Maverick Master Trader

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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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    Last edited by a moderator: May 11, 2016
  14. Maverick

    Maverick Master Trader

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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 :)
    .
     
    Last edited by a moderator: May 12, 2016
  15. Maverick

    Maverick Master Trader

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    Tuesday 10 May 2016
    10.05.2016 minus.png

     
  16. Maverick

    Maverick Master Trader

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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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  17. Maverick

    Maverick Master Trader

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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
    .
     
  18. Maverick

    Maverick Master Trader

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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.
    .
     
  19. Maverick

    Maverick Master Trader

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    Monday 16 May 2016

    Bank Holiday.png
     
  20. Maverick

    Maverick Master Trader

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    Tuesday 17 May 2016
    17.05.16.png
     

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