Cup and handle formation on longer term time frames is one of my favorite setups and very high probability. One of the biggest trades we have had this year is the Cup and handle setup we posted a while back on Silver.
We are seeing the same formation setup on Nat Gas and there are two ways to trade this setup....
1....To buy the dips in the handle formation
2....Wait for breakout of the handle, consolidate and buy.
If you daytrade this setup...you will get burned. This is a longer term outlook and building a position in our portfolio is how we trade it.
-TRADEPLICITY
Some of my best trades have been using little to no leverage. Instead of making a living trading off $1000 account...keep your day job, pickup a second job....learn to return 20% consistently with single digit draw downs.
We are seeing the same formation setup on Nat Gas and there are two ways to trade this setup....
1....To buy the dips in the handle formation
2....Wait for breakout of the handle, consolidate and buy.
If you daytrade this setup...you will get burned. This is a longer term outlook and building a position in our portfolio is how we trade it.
-TRADEPLICITY
Some of my best trades have been using little to no leverage. Instead of making a living trading off $1000 account...keep your day job, pickup a second job....learn to return 20% consistently with single digit draw downs.
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