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Why I’m trading the Dax: Lambert

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June 10, 2016 clive lambert, clive lambert futurestechs, cpi, cpi eurozone, dax, dax index, dax trading, forex, forex markets, forex trading, fx, german economy, germany, saxo, saxo bank, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotv, tradingfloor.com

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.