Show less
Why I’m buying Brent: Lambert
Clive Lambert - FuturesTechs
Yesterday at 8:33 GMT
Quarterly Outlook: Gold bulls gathering strength
Ole Hansen
Thursday at 15:19 GMT
Quarterly Outlook: Will cryptomania continue?
Thursday at 14:21 GMT
Quarterly Outlook: 'Q1 is a time to be cautious'
Simon Fasdal
Thursday at 13:33 GMT
Quarterly Outlook: Housing bubbles everywhere
Dembik Christopher
Thursday at 12:58 GMT
Quarterly Outlook: Currencies eye a bubbly 2018
John J Hardy
Thursday at 12:16 GMT
Why I'm buying gold: O'Hare
Steve O'Hare - First 4 Trading
Thursday at 10:17 GMT
Technical analysis – A view of the market: Larsson
Kim Cramer Larsson
Thursday at 9:49 GMT
FX Options webinar: the year ahead
Dan Larsen
Wednesday at 8:40 GMT
Video / 27 July 2017 at 7:10 GMT

Why I’m selling the Dax: O'Hare

Steve O'Hare - First 4 Trading
Steve O’Hare, of, explains in a technical analysis of charts why he is trading the Dax (GER30.i).

He plans to set shorts at current levels up to 12,312. His stop is a break about 12,380, a tight stop. His targets are 12,138 & 12,031.

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

27 July
djustoe djustoe
Hi Steve, Any thoughts on selling the NAS100 as it approaches the 6000 mark?
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Good morning. Global indices are pretty detached currently and although 6000 is a nice psychological number there is no obvious reason to sell currently. I personally would watch the price action closely. Approaching overbought levels on the daily with some bearish divergence but i would need to see some confirmation in the shape of a reversal candle/formation. Good luck!
27 July
djustoe djustoe
really appreciate your analysis, thanks!
27 July
Morris Morris
Looking at the chart provided there is already toppish signs!
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Definitely one to watch.
27 July
Morris Morris
The RSI is much welcomed mate! Early signs but may not be thee! The music will still play for sometime to come!
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Signs of a turnaround on Nasdaq 1 hour chart! For all the impatient bears out there!!
27 July
djustoe djustoe
'impatient bears'. Thats me all over.
Looks like its recovering on the hourly... No stopping the Nas it seems.
27 July
Morris Morris
Steve them Indicators I have being crying about! Look at the histogram also bearish! Early signs still but not thee! Next will be to watch the 4hour and day chart for confirmation. Thanks
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Agreed, i'm enjoying the selloff much more in the DAX!!
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Nasdaq could end up posting a bearish outside day!
27 July
Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
Dax now traded 12145 (just in front of 1st target) so would look to book partial profits and lower stop to 12300 on any remaining shorts
Relevant articles for you


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer
- 沪ICP备13028953号-1

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail