Currently viewing the tag: "Natural Gas"
I’m awake this early not to report on the dull conditions in the ES market but to actually enter a long trade on natural gas. NG held above last week’s 2.204 low so I am now interested in getting long in this market. I still may be early here because the 20 and 50 day [...]
Natural gas has made a slightly lower low (2.204) compared to earlier this year (2.231). If it holds above 2.204 this week then it could setup for a reversal next week.
But this market is in such a strong down trend, why even bother looking at this market now at this point? Well we [...]
Natural gas is in a very clean downtrend defined by the 4.983 downtrend line. Short Nat gas anytime it tests the downtrend line. Look at how reliable the trendline has been! I often day trade nat gas but at such low levels I’ll admit that I’m a little afraid to hold it short overnight.
When [...]
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- I swear they ran that up to 1158 just to blow my stop 2011/09/29
- ES is at 1154, moving stop to 1157.75 2011/09/29
- Short ES@1158, stop=1162 2011/09/29
