LEONES
Long

NATGAS counter-trend trade (revised2)

NYMEX:NGG2015   NATURAL GAS FUTURES
125 13 2
Natgas (NGH15) reached support at 2.800 the first two weeks of Jan2015 and is currently setting up for a long trade towards the median lines intersection at 3.600-3.700 (expected on the 05Feb2015). At 3.60 the bear trend could resume.
Nickmail
2 years ago
good ))) very nice http://gyazo.com/7238e38508161dc85f46d159dab9b96d
Reply
We are long after poking it's head below the lows and clearing some stops. We were triggered late in the day yesterday. Entry 2.822. Stops will be below yesterdays lows.
Reply
LEONES PRO OffTheFloorTrader
2 years ago
I'm entering a bit higher goo gas!
Reply
LEONES PRO LEONES
2 years ago
I'm in
Reply
LEONES PRO OffTheFloorTrader
2 years ago
something not going here..I'm out
Reply
OffTheFloorTrader LEONES
2 years ago
NG is always a tough trade. We are holding out position with stops below the most recent lows.
Reply
LEONES PRO OffTheFloorTrader
2 years ago
should have moved up already, it is not convincing - I'll enter long only above 3.000 but ready to short short if we trade below the recent lows 2.760
Reply
LEONES PRO OffTheFloorTrader
2 years ago
still in the congestion zone - tomorrow report day...
Reply
OffTheFloorTrader LEONES
2 years ago
Now that's moved up during the day we will hang in on the trade. (Full disclosure: we are long the March contract NGH5). If they take us out they could flush it hard. Look at the weekly chart. Lots of buying on the lows so a lot of stops below the lows with us.
Reply
LEONES PRO OffTheFloorTrader
2 years ago
yes posted the FEB contract by mistake - NGH5 is the good one
Reply
LEONES PRO OffTheFloorTrader
2 years ago
tomorrow 29Jan is the natgas report. Unlikely that is gonna move outside that range before the report, They are all waiting for that!
Reply
LEONES PRO OffTheFloorTrader
2 years ago
that was finally a short
Reply
OffTheFloorTrader LEONES
2 years ago
There were a few stops below the lows. The flushed them. We were stopped out. We are on the side lines and will wait for a better setup.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out