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HEIKOTradingSystem
Oct 25, 2022 11:15 AM

Oct 25,22-NG-FINALLY price is going up :-) Long

Henry Hub Natural Gas FuturesNYMEX

Description

In looking at the chart, you can see how price dropped quite a bit outside the Linear Regression Indicator but price is on it's way back up.

Yesterday was the first day in a long time of positive gains, hopefully going to finish the week off in green territory.

As previously discussed, I put another Buy Order in at 5, which is now in profit so that's good. Just waiting for price to continue skyrocketing.

FYI - price will probably NOT skyrocket up to 10 or anything, but will very slowly make it's way up there over the winter. So this could be a 4 month grind, so get your Big Boy Pants on and strap in for a crazy ride - between the War, Recession, Sky high interest rates and Bankruptcies (more to come over the next 6-12 months) it's going to be a crazy 2023!!

Stay safe!

Heiko
Comments
MariusPopa
Those potential bankruptcies scare me because it might initially lead to a sudden price drop... for sure 2023 will not be dull!
HEIKOTradingSystem
@MariusPopa, You got that right!! Should be an interesting year. I've also been profiting on shorting the S n P 500. From 4000 down :-)
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