Today I want to present you the chart of the day. It is the alltime WTI production chart in the USA in million barrels. When I saw this, I was startled at first, because it doesn't make much sense. This

Today the DAX had a short kumo breakout out in the 4 hours chart, which is was not expecting. Then, I decided to take a look at the big picture again, and it dawned on me: impulse wave C alert! I absolutely

Today, I have to cite myself again: We have a long Kumo breakout in the DAX 4 hours chart. This confirmes my bullish count. If true, the DAX should be able to surge significantly in the coming weeks. If

We have a long Kumo breakout in the DAX 4 hours chart. This confirmes my bullish count. If true, the DAX should be able to surge significantly in the coming weeks. If you don't know what this means, I

Contrary to the DOW, I favor another dip in the DAX next week. I have two counts for the DAX, one is bullish and one is super bearish. Now my indicator found a bearish bat pattern in the DAX. I use this

Now have a look at this interesting situation in the DAX. The bigger picture charts tell me that the correction is about to continue, bringing the DAX way below 13000 again, but the smaller timeframes

Today I was stopped out of my longtrade with a small profit of 30P (points). When it happened I immediately took notice of the danger regarding the DAX dropping hard. Then I started two short positions

Today another iSHS has been formed. This one is a little smaller than the one I pointed out yesterday, but the minimum target is still 13340. It could trigger any minute now. I will be buying the corrections

I spotted an iSHS pattern again. This time in the DAX. I would like to see this triggering tomorrow or the day after. I expect this high to be the end of wave B, as I already pointed out in my last post.

This is why I will keep my DAX long positions over the weekend. Right now one is in profit and the other one is not in profit yet. But I am quite confident that they will be very green next week. My count

Huge rally, huge correction? After this mega wave up (which is hopefully gonna turn out to be a wave 1) a bigger correction is expected. Right now the Dax has not even corrected 38% in what is likely wave

Just a small count update today. Today was obviously a great day for BTC and for me: Sometimes thoughts like "I should have kept the BTC I bought after the last crash (@3200) indefinitely." creep

What a crazy bullrun in the DAX recently. You just can't get in at a reasonable price, because this is a classic "Fahnenstangenrally" (flagstaffs-rally). This is BTFD to the extreme. The biggest

My last BTC update was on 13.10.17 when I was "not expecting a big drop anytime soon..." You can read about it here again, if you want: The bullish count from 2 weeks ago just turned even more

Sometimes trading can be ridiculously easy, if you have the ability to be patient. Being patient enough is almost impossible for most people. So learn to be patient, if you want to grow as a trader. Set

... unless it starts crashing tomorrow. Now that BTC has clearly shown that it indeed is in an impulsive move up, we have to consider a bullish alternative. This is the bull count so far: Congratz to everyone

In my last Post I told you about the possibility of a big iSHS happening in the DAX. The momentum is decreasing, so it seems very plausible right now: For those of you that don't know it, a bullish SHS

The DOW is still bullish. Here is the updated count: I think the orange 3 was not done on my last update (lower picture). It looks much better at the current price level so I adjusted it. After orange

With all this BTC euphoria going on right now, you all should be well aware of this: Don't fear it, but be well aware of it. There is a confluence (also called cluster zone) between the 62% fib retracement

If this turns out to be an ascending right triangle, 5750$ is the minimum target of this pattern. But be very careful. Whenever BTC breaks out of this trendline (red paths) on high volume, this is gonna