INotFancy

Monday: Natural Gas - Week 20

Long
FX:NGAS   Natural Gas (Henry Hub)
Natural Gas is still on an up-trend and still going strong. "The prevailing trend is in existence until it is proved to have been reversed." ---> this is a very important concept that most traders tend to disregard.

- At this moment NGAS still looks bullish, so every time a buying opportunity presents itself I will take it, but, I will only take short-term buys from this point, and hold my other buy for longer-term.


I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.

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