Forecasts you can check, on Karsten's own charts.
Chart-based forecasts for indices, metals, energy and forex, with named price levels.
Karsten KagelsFirst shares 1980, trading since 1986
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How Karsten reads the market
- Classical chart technique
- Support, resistance, trend structure and price targets, marked directly on the chart.
- Named levels, no hype
- Clear price levels you can check, instead of vague calls or signals-for-sale theatre.
- A public record
- Forecasts have appeared openly on kagels-trading.de since 2015, where anyone can check them.
Latest articles
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Donchian Channel: Breakout Rules and a 20-Year ETF TestHow the Donchian Channel is calculated, how breakout and exit signals work, how the Turtles used it, and what 499 breakout trades in SPY, GLD and TLT from 2006 to 2026 showed.
ATR Indicator: Average True Range for Stops and SizeHow the Average True Range is calculated with Wilder's smoothing, what it adds to the daily range, and how ATR-based stops behaved on SPY from 1994 to 2026 compared with a fixed percent stop.
Bollinger Bands: Settings, Squeeze and a 76-Year TestHow Bollinger Bands are calculated, how to read the three typical chart situations, five strategies with clear rules, and what the bands showed on the S&P 500 from 1950 to 2026.
Guides by topic
All topics →Famous Traders and Trading Championships
- See who really performed best
- Understand trading championships
- Meet the record holder
- Meet the Prince of the Pit
- Learn the Turtle rules
- Understand the stock contest
- Read the classic interviews
- Meet the oldest legend
- Meet the first Market Wizard
- Meet the trend-following pioneer
- Learn short-term setups
- Trade the opening range