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I also stopped using stops in Fdax long ago. My returns improved a lot. Of course drawdowns because I am not disciplined enough increase. But in average I do much better without stops. Scalpers can use the whipsaw action in dax for their advantage. It nearly always moves the direction to get...

We will not see new Dax highs for many years, but I bought all the way down since last October because I was always convinced we would see 5500 again. I have no reason to change my plan yet and have only hedged 50% of my positions now and will increase that to 100% when we reach Dax 5500. I...

here is the report (German): http://www.boerse-frankfurt.de/DE/index.aspx?pageID=44&NewsID=3812 He got it quite right the last 14 months. I strongly believe sentiment is an important factor. Of course its always possible to ignore stuff that does not fit in its own opinion. I am aware...

Goldberg vom Cognitrend just presented the latest numbers in NTV. There was never such a bearish sentiment in their survey in Dax. He is convinced about a massive short squeeze coming.

funny how the consensus here is overwhelming that we are only seeing an upleg in bear market and the only question is where to short and not where to reenter long. Even me, who was very bullish the last months have now hedged 50% of my stocks but I am getting unsure if this was maybe to early...

always good to have a look at both sides. I am short term bearish, middle term bullish (until end of 2009 to mid 2010) and long term bear/neutral. Long term bull for several emerging markets. Big money is not to be made in USA next years but elsewhere (South america, China, vietnam etc.) As...

I think the percentage of people who believe this rally is the beginning of a new bull is very very low. This makes it even more interesting. If you compare 2003 and this rally the similarities are striking. 2003 I heard the same arguments and people only discussed points to reopen short...

ES 900 test soon

I was also pissed when they announced that some time ago. But I found that I have never been charged this fee in real trading although I do cancel a lot of trades. So I still don't know when they apply this fee but in case of my trading it does not seem to be a problem.

here we go...

I am happy with IB and trading with them since 10 years now. There will always be a certain amount of traders beeing unhappy with their broker because you can't design a user interface that is easy enough for them to understand and use. Or they simply want to blame their own faults on the...

the people making decisions in ECB should better be flipping burgers. They never act, they only re-act. They will cut rates by another 50 points in March but why the hell didn't they cut now ? They said they had to collect more information about the status of the economy. What kind of...

yes, now the same level is reached as in the recession 1990.

yes, I am 90% sure we sill reach this level this year. I am still uncertain if we see one more and final washout before. The problem is if we go up right now the indicators would be overbought rather soon. So in fact it would be more healthy if we drop one more time and get a really high fear...

I am with you here. ES is still in its small contracting triangle, but only few points away from breakout. This could trigger a lot of buy stops and we would be heading towards 900, that is important resistance and downtrend line. Can we have a fake breakout ? Sure, but I really don't see a...

NQ green !

yes, true. EZB is lead by old man who understand nothing about economy. The proof was the last rate hike where even a blind with sunglasses could see that economy is already in a down turn. They are ALWAYS behind.

there are so many divergences right now and relative outperformance of Dax and NQ is only one of them so the chances are high ES will break out to upside of triangle. So I still expect a major (15%) rally in ES, Dax.

does'nt look nice. Chances are rising we see a hard sell off this week. I am turning bullish on a break of 850 ES.

I don't think I am naive, I have been staying in Asia (Korea, Taiwan, Vietnam, China, Hongkong) around 20% of my time througout the last 3 years and always try to get my own picture. But apart from my personal view there are also some facts: China had 2008 GDP growth of 9% and even in the last...