So upon opening tonight, my stop loss got hit immediately as price action is up over the weekend from tensions in Europe and a bit of cold weather across the U.S. this week.
With this trade in at 4.150 I took a decent loss on that trade. Lesson learned - I went in too early before I let the market settle down. Anyway....
With the tensions and the weather and the contract expiring, I'm staying out of NG for this week and will let price action rise to the moon if it wants to - I will short it once it gets up there.
In the meantime, I'm looking at other trades - I will keep you posted.
HEIKO
With this trade in at 4.150 I took a decent loss on that trade. Lesson learned - I went in too early before I let the market settle down. Anyway....
With the tensions and the weather and the contract expiring, I'm staying out of NG for this week and will let price action rise to the moon if it wants to - I will short it once it gets up there.
In the meantime, I'm looking at other trades - I will keep you posted.
HEIKO