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Playlist: Deutsche Börse (XETRA)

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46:49
Technical analysis webinar – A view of the market: Larsson
Kim Cramer Larsson
15 August 2018 at 14:37 GMT
1:46
Trading on NFP day: Lambert
Clive Lambert - FuturesTechs
09 March 2018 at 8:48 GMT
1:55
Time to short the DAX?: Lambert
Clive Lambert - FuturesTechs
17 January 2018 at 8:22 GMT
1:43
Why I'm Shorting DAX: O'Hare
Steve O'Hare - First 4 Trading
11 January 2018 at 8:00 GMT
1:35
Why I'm selling the Dax: Lambert
Clive Lambert - FuturesTechs
01 December 2017 at 9:04 GMT
1:37
Buying a dip on the Dax: Lambert
Clive Lambert - FuturesTechs
29 November 2017 at 8:49 GMT
2:53
Why I'm selling DAX: O'Hare
Steve O'Hare - First 4 Trading
09 November 2017 at 8:07 GMT
2:43
Why I'm selling DAX: O'Hare
Steve O'Hare - First 4 Trading
19 October 2017 at 8:23 GMT
3:59
Quarterly Outlook: For the future, look no further than China
Peter Garnry
03 October 2017 at 11:33 GMT
0:56
Quarterly Outlook: Credit impulse contraction bad news for growth
Dembik Christopher
03 October 2017 at 10:30 GMT
Video / 09 November 2017 at 8:07 GMT

Why I'm selling DAX: O'Hare

Steve O'Hare - First 4 Trading
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the DAX. 

He plans to sell at current levels and on a break of 13,340. His stop is at 13,425 and targets are 13.255 and 13.125.

O'Hare’s technical analysis of a selected trade is regularly featured every Thursday on Trading Floor.

FULL DISCLAIMER 
2y
Paul168 Paul168
The dates at the bottom of the 4 hour chart show the last data point / current date to be the week of 16th October. Am I reading this correctly or is this an old video?
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Thanks Paul168 - the wrong video has been posted!
2y
phil c phil c
Hi Steve & Paul168, Thanks for the clarification. I too noticed that the levels in the text did not match the video. I look forward to a re-post shortly!!
2y
phil c phil c
Thanks
2y
John Roberti John Roberti
Few minutes ago, the dax hit 13338 and thus the order was taken but, within minutes, went back to 385! Should we consider this entry valid or take a loss and wait further move down?
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Hi John. Yes the trade was triggered and a typical short squeeze followed - still happy with this.
2y
John Roberti John Roberti
Thanks for your supporting views, but better dax is back at 339...!
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
I will feel better when it is trading 255 then 215! ;)
2y
djustoe djustoe
Do you expect the gap up from Nov 1st to be closed today Steve? :)
2y
Kashif khawja Kashif khawja
Hi Steve, Bundle of Thanks for this call
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Hi djustoe - Yes today would be a reasonable expectation. Youre welcome Kashif happy to assist!
2y
djustoe djustoe
thanks alot. Great call.
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Prices action has stalled in front of 1st target of 13255 (13265 low), so would look to tighten stop to entry or lighten position by taking partial profit.
2y
Norberto Norberto
right and then let it run to reach the targets....first allready hit
2y
Morten Olby Morten Olby
Good call!!
2y
DudetteUK DudetteUK
Great call Steve, ty
2y
phil c phil c
Hi Steve, Great move so far thanks. Is your 2nd target 13215 (as you said in your video) or 13125 as in the text above please? (The way things are going the next gap seems to be 13000- 13050?).
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Thanks again for pointing that out, yes video call is 13215 and i agree no real sign of this move slowing!
2y
John Roberti John Roberti
13112 at this writing! Congratulations for your analisys. It was a bit difficiult this morning but what a final day! Thanks again
2y
Bluesboy2 Bluesboy2
Great call Steve. Cheers!
2y
ValeriyKZ ValeriyKZ
Hello! Steve, what you think about US30(DJ)?
2y
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Glad to assist! Good morning ValeriyKZ, medium & long-term i remain bullish on US30 but risk/reward is poor to buy at current levels as there is room for a large pull-back lower before a trend-change occurs. The weekly channel has price action contained by the upper part of the channel. RSI is overbought and MACD hints at bearish divergence. However, on the daily chart price action broke below the bottom of the bullish channel and therefore hints at a possible SHORT TERM correction. Again, RSI is overbought and MACD hints at bearish divergence.
Today is key after posting a 'hanging-man' type candle yesterday. Bears will be looking to sell in front of short-term downward trend resistance & yesterday's high (23550-23580) with stop at 23625 high to target a move to 23250. Bulls will be looking to set longs in front of 23320 (stop below 23250) to target a move back to 23625 and beyond.
Hope this helps!

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