Dax and trades 21.5.2012

The market is acting as expected. Let's watch this rebound if it is an intermediate term trend turn or just a bear market rally. Overbought and oversold condition is seemingly easening and indicating a nearing bottom. Anyway, Dax could rebound at least over 6400, perhaps 6544 is a decent target.

Dax and risk cycle was already at reasonable level to indicate at least short term trend change.

Check also the other indicators.

LONG: DAX, DCX, CBK, DBK, HEID, SAP, LIN. SHORT: FRE, FME.

TecDax trade setups 28.3.2012

Added ADV, BBZ and EUCA to my watch list. If TecDax has over 10 advancing stocks, then buy this basket at the market close and currently looking to sell all the other open positions.

Trade target

DAI profit target is 48.231. If target isn't met, sell at the close.

Trades 12.3.2012

LONG:

- BAS if open < 65.22

- BMW if open < 70.5

- DAI/DCX if open < 46.94

- DPW if open < 13.75

- HEID if open < 41.685

- VW if open < 142.8

Profit target 3.5% or sell at the close.

SHORT:

- CBK if open > 1.845

- DB1 if open > 47.92

- MUV2 if open > 108.4

Profit target 2.5% or buy at the close.

Trade ideas 23.2.2012

BUY at close (maximum 2 todays trade):

BMW if close < 69.44
TKA if close < 20.21
FME if close < 52.9
HEID if close < 38.57
DAI/DCX if close < 45.65

Sell tomorrow with 1% profit, if open gap > 1%. Otherwise profit target 5% from today's close. If no targets met, then sell on Monday's opening.