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BigCharts
Oct 31, 2016 2:45 PM

NGAS in Limbo 

Natural Gas (Henry Hub)FXCM

Description

After the contract rollover, NGAS lost it's downwards momentum. No special news were published during the intentories and thus I expect NGAS to just "hang out" between the BB (1H) until the BB closes on 4H and D. From there I expect opportunities to short below the current HCL. Expect this sideways state for at least 3-4 more days and then go hunting.

Trade closed: target reached

I entered below HCL and exited 2.87
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