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HEIKOTradingSystem
Mar 16, 2022 12:15 PM

Mar 16, 22 Natural Gas Take Profit Long

Henry Hub Natural Gas FuturesNYMEX

Description

Put that Buy Order in at the beginning of the week at 4.5 wanting price to head up to 5. Not sure what's going to happen. News is so mixed with the war going on - so I decided to take my profit at 4.650 so not a huge gain, but at least something good.

With the Fed popping interest rates up this afternoon, I have no idea where NG is going to go - didn't want to take a chance. I will see what happens this afternoon and maybe get back into a trade then.

Stay safe.

Heiko
Comments
kpyogendran
@HEIKOTradingSystem - Bro as we were discussing Natty boy is jumping high .... Nice summer weather in US.. only concern is we are still below 5 Year avg in storage in addition to WAR. so in the long term that would keep the Natty up in the sky i believe
HEIKOTradingSystem
@kpyogendran, I believe you are correct sir...naturally I wish I would have stayed in my trade as NG almost hit 5.

Good call for you my friend - enjoy your profits!!
Divergencify
@HEIKOTradingSystem, hi do you think it's short time?
Greetings
HEIKOTradingSystem
@Divergencify, damn close I think....I'm watching it closely to see when the next divergent candle will show it's face - then I will sell :-)
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