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 […]