AdamHong

NGAS:Equidistant Channels on the NGAS Chart

FX:NGAS   Natural Gas (Henry Hub)
The price of the NGAS is moving along the equidistant channels,so the edges(especially the confluences) of the channels the price hitting is one of the factors that should be considered when trade is planned.
Comment: still move along the channels untill now.
Comment: The equidistant channels make perfect price moving.
I like that. I looked at the chart yesterday and could not see a set up.
Reply
It is one of the factors in your setup,and it will help you firm your belief,but it may be not the only reason for your trade.
Thanks for your attention.
Reply
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