I will post the update in the "update status" section of the portfolio post.
Starting capital is 10.000 $ in each portfolio. When I close the actual trade I will move the whole amount to the next trade - in this case it will be Energy trade X.
I moved 10.000$ starting capital+12.660$ profit and the rest of the opened positions:
1000 ARP long 0,8$
Selling 5000 US Natural Gas August
Margin Impact : 1457$ (6,4%)
It's just too far from the 200 . I would like to see a 200 test or a testback.
Bollinger band crash signal this late in the daily cycle is the sign of the decline is starting.
Also the bearish pin bar is supporting our short.
Average price: 2.764
Tomorrow might be the big day when we get out in the next +50-100%.
Stop : 45.40$.
Closing 15.000 US NatGas August short at 2.7$
I closed this trade already but hose who are still in could be profitable. We are in the bear flag seems want to break down ...
I am curious if you hold your natgas short positions. You mentioned you sold 15000 natgas August average at 2.764.You are under the water deeply if i am correct. I would like to know how you handle that situation? You don't set SL?
Yesterday i started to sell natgas, today added a bit more. It seems like natgas still going north.
Hi Apri any comments further on Ngas, How do you feel about the head and shoulders as reversal, the reversal down strength still in this short? Went in late after bear flag break down and was not good entry in follow up bear flag. Bear flag breakdown was confirmation for me of reversal. trend and force seems there. Feel still weary after a big opening.