viktor89
Long

Natural Gas monthly - Aug 18

NYMEX:NG1!   NATURAL GAS FUTURES
Axis line became support. 2.55 - is a very strong support-since records began. It truly looks like the bottom.

Let the red line break 2.976 and then let it be tested to see if it became the support or not n then go long.

It could really be a long of lifetime. However, if we break 2.55 then it's just a lost cause n short with both hands.

Make sure a clean break is done though.

Stop loss could be around 2.50- I don't suggest stop loss cause everyone has different loss taking capacity but in this

case it will be a lost cause to might as well get out.
AMBRISH
a year ago
Any update on your view?
Reply
viktor89 AMBRISH
a year ago
I have not been trading commodities at all. Strictly trading S&P futures these days.
Reply
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