03 May

Looking ahead

Apologies for the lack of update yesterday. It was a holiday here in Spain, and I decided to take advantage of a break from the screen and soak up some sunshine. We have an interesting week ahead of us, mainly because you have holidays in many places. Denmark for example will be off Thursday and […]

25 Apr

Dow DAX and Yen

Monday 25 April 2016 I will start with the Dollar Yen. After the surprise attack by the central bank to weaken the yen last week, I thought it would be good to look at the chart. Naturally I am long dollar yen, after the chart pattern I posted last week (http://tomhougaard.dk/dollar-yen-alert-too-late-but-for-next-time/), but the chart doesn’t […]

15 Apr

Stellar week for the DAX

Good morning, China’s GDP roughly came in line with expectations – IF YOU BELIEVE the numbers are in fact true. It has been a stellar week for the DAX, adding plus 400 points. The dips have been very moderate, about 40 points. I suspect I will focus on buying DAX dips. Its Friday, so I […]

13 Apr

My thoughts to the current market

I was unable to post my thoughts earlier today. I had a 4am start. I would like to give my thoughts to the current market and the forecast that I have made. I woke up early this morning to find the market significantly higher in Asia. As a result of it I started buying European […]