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There is little doubt that Quantumchromodynamics (QCD) is the theory which describes strong interaction physics. Lattice gauge simulations of QCD predict that in the m,T plane there is a line where a transition from confined hadronic matter to deconfined quarks takes place. The transition is either a cross over (at low m) or of first order (at high m). It is the goal of the present and future heavy ion experiment at RHIC and FAIR to study this phase transition at different locations in the m,T plane and to explore the properties of the deconfined phase. It is the purpose of this contribution to discuss some of the observables which are considered as useful for this purpose.
We discuss the present collective flow signals for the phase transition to quark-gluon plasma (QGP) and the collective flow as a barometer for the equation of state (EoS). A study of Mach shocks induced by fast partonic jets propagating through the QGP is given. We predict a significant deformation of Mach shocks in central Au+Au collisions at RHIC and LHC energies as compared to the case of jet propagation in a static medium. Results of a hydrodynamical study of jet energy loss are presented.