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ViorelBadin
Oct 2, 2016 6:24 PM

NGAS BUY TRADE Long

Natural Gas (Henry Hub)FXCM

Description

NGAS PRICE SHOULD TEST THE SUPPORT TREND LINE AS SEEN ON THE CHART AT 2.770.
PLACE A BUY LIMIT AT 2.770.
STOP LOSS 2.645

Trade active

nice profit so far. moving stop loss at 3100 level.

Trade closed: target reached

Comments
ahmetnmsl
I think it did nt broke. it seems you didnt draw it from the previous top exactly. Can you draw and look again if it broke it or not ? Thanks
ViorelBadin
it complete broke that level.take a look at the chart.if i were you, i'd give the trade a little bit of room to 'breathe' but at the same time take some profits. close half of position and move stop at 3100. it will go down, but not now. wait for the consolidation and after, maybe.
ahmetnmsl
Hello. Nice trade. Can short now?
ViorelBadin
more your stop just above the trend line, at 3100 level. because it broke from the resistance level, we might see some consolidation and after a move up or down.
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