From 05th of January, every day I trade, I will … 1. Put a list of events on, I personally find important. 2. Give a short summary of, what I think are “action levels”. 3. Comment on trades, I actually did. 4. Explain some of the techniques I use to earn money. Please bear with [...]

I wish you all a healthy good new year! After the longer than expected break, I will focus on trading activities rather than venting and ranting At the moment I’m thinking about the structure and content … expect surprises and let’s have together a successful fantastic voyage … 2011 + discipline + technical trading = [...]

Fed minutes and they give a hint … A full-blown recovery will last AT LEAST 5 YEARS … NO COMMENT … I just tilted the SELL BUTTON …

As fundamentals are “out of favor” at the moment … here the chart perspective for the S&P: Copyright by Tradestation As you can see … the S&P started its downtrend in October 2007 and accelerated one year later into a virtual free fall. After testing the parallel of the connection of the 2 highs (2000 [...]

As fundamentals are “out of favor” at the moment … here the chart perspective for the DAX: Copyright by Tradestation As you can see, the German DAX is in a weekly downtrend since the start of 2008. I highlighted the following areas: 1. The start of the acceleration of the downtrend. 2. The attempt to [...]

Markets in panic mode today … swine flu alerts in many countries … Some people even think, it might be a HUMAN-made-virus … even linking it to terrorist activities. A global swine flu pandemic could cut deep into already weak economies. A further cut of up to 5% is the calculation of some intelligent people. [...]

Market found support at first meaningful supports, showing that still many people are “underinvested”. Whether it is the cheap money from the FED or the “not-to-beat” negative expectations for the current earnings … people still moving into a market which is extremely overbought. Some people see it as the most overbought situation of the last [...]

After the HUGE 4-week-rallye … we face a bit of “profit taking” … tomorrow Alcoa opens the earnings season. And after this huge run up … a lot of dissappointment could be in the cards. Even if the quarterly earnings are ignored, the outlook could hurt prices a lot. What should we expect? A 38% [...]