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tntsunrise
Aug 31, 2016 5:55 PM

NGAS SHORT THE PULL BACK Short

Natural Gas (Henry Hub)FXCM

Description

NGAS SHORT AT 2.8910

Channel Broken
Retest 0.618

SL above 2.95

Aim 2.80 and lower

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right after we enter the market, it falls....

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First Target Hit!

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Now is 2.75
Nice Profit

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Comments
KillAWhale
Seems this i sgoing in the right direction. TP still around 2.800 area?

Best regards.
TraderChris01
thank you for this chart. Looks very good!! Would you look for a candle signal or chart pattern on a smaller time frame when it pulls back to 61% before entering or would you just go short at 61% without a further sell signal on a smaller timeframe?many thanks for any advice you may have!
tntsunrise
its up to u. but i can tell u the lot size will be differnet
bertcoin
Same action around the 2.94 resistance (most previous high). Well past 1/2 way in the daily cycle... Looking for thoughts or critiques around a shorting point.... anyone?
bertcoin
Jack, The price action today on 15m, 1hr through 4 hr charts around the 2.90 resistance (previous structure) looks to me like another short opportunity. (Late in the daily and intermediate cycle as well?) Do you agree? Thanks!
buyPooh
we can short again, I am in favour of declining as we see bunches of wicks.
carlosdavilamal
tnt, we can short again????
NuggLife
Awesome work Jack. Can we short again at 2.80?
EYEO
good trade.
NuggLife
On the money Jack
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