Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode.
If you have any trouble to see the presentation below, then you can also click here.
Happy trading, Danny
Outlook for Week of May 11, 2015
LunaticTrader 
Hi Danny,
im not shore about information from you. Reversal level do you relate to closing price or doesn’t matter if price go during trading … If you tell us , wait for reversal levels for action … e.g. pair EUR/USD is reaching reversal levels.
And your second system lunatic trader 1.0 tells me that now is good time for markets up until 22 of May. With some problems about 13-14. may. Did i understand correct ?
When do you close your winning position ? When new signal told you. Like if you are long waiting for sell signal ?
How do you connect weakly reversal with daily reversal. Daily if for one , two weak trades and weakly are for much longer trades ?
I have problem with trades because if I Have some possition I cant check if you give a sell signal.
Do you thing to prepare some database. When you can choose some stocks and give some alerts from those stocks by email etc ?
Id like is very much maybe not only me..
Thanks Peter from Prague
Hi Petr,
The reversal levels work on the basis of closing prices. E.g. if a stock is in red mode then it takes a close above the RevL to go into green mode and give a buy signal on the next day.
See explanation on our page about it: https://lunatictrader.wordpress.com/key-reversal-levels/
When you close your winning positions depends on your personal trading style.
1) A shorter term trader who bought on a buy signal may take his profit already as soon as the stock gives a “Partial profits” signal. The pP signal happens when a stock is in green mode and the MoM indicator turns down.
2) Another trader who tries to hold for longer term can wait to sell when the next Sell signal happens (so when the stock closes below RevL)
3) Yet another trader will buy on buy signal, but hold the stock if it also goes in green mode on the weekly (W). He will then hold the stock as long as it stays in green mode on the weekly reversal levels and sell it only if it gives a weekly Sell signal. This way can hold the stock for more than a year sometimes.
As for your last question. Currently my daily PDF includes more than 1500 different stocks and etf. I do not intend to cover every stock in the world, but people are welcome to suggest stocks they want to see added.
Danny