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Video / 10 June 2016 at 6:34 GMT

Why I’m trading the Dax: Lambert

Clive Lambert - FuturesTechs
Clive Lambert of FutureTechs explains why is he shorting the Dax index.

He plans to sell at 10,122 with a stop above 10,175. His target is 10,050. If last Friday’s low of 10,037 breaks, he has extended targets of 9,960 and 9,830.

Data including German CPI figures is published today so he plans to close the trade at 17.30 CET.

3y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
"called" the move but didnt get the trade on using the parameters suggested. If you are short stay with it. If you're looking for an entry on a rally 9980 and 10043 are the ones to watch.
3y
tcat tcat
thanks
3y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
9830 target hit, if you're short!

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