The DAX30 chart [red line = median, blue line = average] and weekly tabular information directly above. Things are starting to get completely out of hand in this market … I’d even say, right now for the moment, it’s untradeable. Every bad thing you can dream up is currently in vogue in the DAX30; “Flying Wedge of Death” [FWD] almost every day, doji patterns from the opening creeping into the daily candlesticks, vicious spikes up/down coming out of nowhere and then … crickets, until it starts again, and gaps in price that make your eyes water, meaning slippage is profound and getting worse.
Starting next week I’m going to replace the DAX30 info with EURJPY information, giving us a much better read on stock indices trading via the proxy. By trading EURJPY, all we are doing is mirroring the SP500 & Dow30 without manipulation in a correlated “risk on / risk off” environment. Take away the blatant and overt manipulation on most days [like Friday], and the Dow30 would most likely look like EURJPY.
The version 4 algorithm for EURJPY is available over in the “Download Links” [right hand column] section of the website. It’s a PDF, and can be viewed online or downloaded onto your PC, tablet, or phone. It’s free for everyone, and it’s available through my shared file box at box.com. If anyone has questions/comments, please email me at firstname.lastname@example.org and I’ll get back to you ASAP.
Have a great rest of your weekend everybody!
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND OPERATIONAL; SEE “PAMM/MAM MANAGED MONEY PROGRAM” IN “DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND START YOUR JOURNEY FROM WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!