captain_smollett

NGAS. Ready to short

Short
FX:NGAS   Natural Gas (Henry Hub)
NAtural Gas is coming back from the historical minimums but looks like growing potential is limited. NGAS has already climbed almost 70% since March!

A fibo level 261.80% of W5 may become a top here. Will try a short from this level (2.838), targeting 2.160 figures. SL: 3 figures
Comment:
Small short now with SL at 2.95
Comment:
Adding more shorts now, looks like it has finally reversed
Trade active:
I´m not closing this trade, just moving it to profitability
Comment:
Closed some of the shorts here and moved the rest to breakeven
Comment:
Adding some shorts to NGAS. Looks like it should go down finally
Comment:
NGAS hasn´t followed oil bounce today therefore I will keep my shorts at breakeven
Trade closed manually:
That is probably all from NGAS decline. Closing all shorts.

Not bad but I expected much more to be honest...

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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