Market forecasts · Chart technique
46 years in the markets. Forecasts you can check.
Karsten Kagels bought his first shares in 1980 and has been actively trading since 1986. His chart-based forecasts, followed by German traders for years, are now being published in English.
- 46years in the markets
- 1980first shares bought
- 1986actively trading since
- 2015forecasts published openly since
Every forecast starts on the yearly chart
Click to enlargeCurrent chart · Nasdaq 100
The long-term uptrend since the dotcom crash
Every candle is one year. The light blue diagonal connects the highs of 2007 and 2021 and runs far above today's price.
- 2026 open
- 25,524
- 2026 high
- 30,771
- 2026 low
- 22,841
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
All articles →
Price Action Trading: How to Read Charts Without Indicators
A practical guide to price action trading from a trader with more than 45 years of market experience: market structure, key zones, three bar patterns, a core setup with entry and stop, and a real SPY example where the signal failed.
Trading Computers: Desktop PCs and Mini PCs Compared
What a trading computer needs in 2026: processor, memory, storage, screen outputs, Windows or Mac, and two checked mini PCs compared side by side.
Trading Equipment: What You Need for Your Trading Setup
Plan your trading setup: choose a computer, screens and useful accessories, with practical layouts for beginners, a dedicated desk and trading on the go.
Topic guide · 8 articles
TradingView Guides
Karsten Kagels has used TradingView as his main charting software since August 2017, today on the Ultimate plan. Our forecasts and chart analyses are made with it.
All TradingView Guides →Topic guide · 7 articles
Central Bank Decisions for Traders
Central bank decisions move currencies, bonds and stock indices, and the biggest moves come when a decision surprises the market. These guides explain when each bank decides, what it decided last and how prices reacted on past decision days.
All Central Bank Decisions for Traders →Topic guide · 3 articles
Chart Techniques for Traders
These guides explain the chart techniques behind our forecasts. Karsten Kagels has traded mainly at support and resistance since 1980, and our forecasts are built on the same kind of key levels.
All Chart Techniques for Traders →Topic guide · 5 articles
Trading Equipment Guides
Your trading software decides what hardware you need, not the other way round. Some platforms, such as NinjaTrader Desktop, run only on Windows, so check yours before you buy anything.
All Trading Equipment Guides →