AlexTrik
Short

Natural Gas SHORT: December is Coming

FX:NGAS   Natural Gas (Henry Hub)
9 days ago
Friday I started selling my position in NGAS. Whilst I do expect further movement up, I think that there may be a possibility for some profit in the short side. That's because the upper BB did not seem to widen when the price reached it. This is a very common sign of NGAS reversing. Furthermore, the STOCH RSI look like not much upside is available. The MACD is still bearish but soon to reverse. I WILL NOT BE TAKING A SHORT position right now, but will wait for signs of reversal (retrace). There have been times when NGAS exploded after reaching a resistance. Thus, I will adding to short from 3.2-3.18 and only if indicators signal a selloff.
8 days ago
Comment:
snapshot
8 days ago
Comment: Entered short at $3.12
7 days ago
Comment: Added 150% to my short at $3.32
5 days ago
Trade closed: stop reached
Trade the markets, not your P&L

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out