AlexTrik

UPDATE: NGAS Short

FX:NGAS   Natural Gas (Henry Hub)
WARNING: Tomorrow is a massively important day for short holders. Firstly it is important to note that there is very big spread between December ($3.066) and current contracts. Furthermore, tomorrow invontory data is released. If you see December contracts gapping down tomorrow that is a very bearish sign and could indicate that there is a short opportunity regarding the data. If we don't see a spread close, then we should all be extremely careful and exit immediately if data is positive as it will mean that NGAS will ride back to first resistance and trend higher for the days to come. At which point a short could be a possible trade to ride it back down.
Trade closed manually: I will be the first one to admit it. After that huge pop, the stress was too much. Exited my position for a 5k profit. I will re-enter tomorrow after news.
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