chartwatchers

ENERGY TRADE 3

Short
FX:NGAS   Natural Gas (Henry Hub)
58
I've started to post an Energy / Stock / Metal Trade for the followers to trade.
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%)
Price: 2,772

It's just too far from the 200 EMA. I would like to see a 200 EMA test or a trendline testback.
Comment:
Trendline is broken.
Comment:
Selling 5000 Us Natural Gas August at 2.680
Comment:
Just a trendline testback. Check on 4 hrs.
Comment:
Correction is on the way...
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.
Comment:
Selling 5000 Natural Gas August at 2.840$.
Comment:
Total position 15.000 US Natural Gas August short.
Average price: 2.764
Comment:
ARP is in +50% in the last trading hour.
Tomorrow might be the big day when we get out in the next +50-100%.
Comment:
Buying 500 US CRude August at 46.84$
Stop : 45.40$.
Comment:
I have a feeling NatGas hasn't finished its rally yet. It looks like a half cycle low now, so I'm closing the position with a small gain.
Closing 15.000 US NatGas August short at 2.7$
Comment:
Total gain on the NatGas business : 0.0064 x 15.000= 960$
Comment:
NatGAs finally starting to look good for the short...
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 ...

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