HEIKOTradingSystem

Nov 17,22-NG-900 pt profit-pullbacktime

Long
NYMEX:NG1!   Natural Gas Futures
I still have my stubborn original trade sitting at 7...but I made a nice 900 point profit overnight as my 5.6 Buy Order hit 6.4 - NICE :-)

So is there going to be another pullback now? Not sure...weather is still looking cold, but the storage report later today will probably show no change, not very much change so price might go down some. If there IS a pullback, I will wait till the bottom hits and put in another Buy Order.

Overall, between now and March I'm still LONG on NG - between Winter and the War, I see no reason for price to fall too much.

Stay safe all...

Heiko

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.