Natural Gas is a fun-looking fellow, let's see if we got this one figured out.
I think natural gas has been pushed below its natural levels and the only way to find out is to forecast.
I think natural gas has been pushed below its natural levels and the only way to find out is to forecast.
Trade active:
Comment:
It says Dec 9 in chart, but I think that is a bit off, I think it would be more correct with Dec 7-8.
Trade closed manually:
Price was not behaving like expected, so I had to work thru to find the error. Two days anchor adjustment of the intermediate cycle turned out to be the answer.
Comment:
The intermediate cycle already pivoted. This was my gamble; that it had to go back up to pivot. However, as my anchor was off by 2 days, it would violate cyclical rules if it came back up.
The intermediate cycle already pivoted. This was my gamble; that it had to go back up to pivot. However, as my anchor was off by 2 days, it would violate cyclical rules if it came back up.
Comment:
This is similar approach, but here, I had anchored a bit better
