LEONES
Long

NATGAS counter-trend trade (revised)

NYMEX:NGH2015   NATURAL GAS FUTURES
217 30 6
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 28Jan2015). At 3.60 the bear trend will probably resume.

Related Ideas

Mickette
2 years ago
Thanks! Hoping for this
snapshot
+2 Reply
LEONES PRO Mickette
2 years ago
likely!
+1 Reply
LEONES PRO Mickette
2 years ago
are you long?
+1 Reply
Mickette LEONES
2 years ago
Not yet. Waiting first for tomorrow morning (West European time)
+2 Reply
Mickette Mickette
2 years ago
Back quicly to 2.95 would cruxial
+1 Reply
Mickette Mickette
2 years ago
"quickly to 2.95 would be crucial" ... sorry I´m very tired tonight ;-)
+1 Reply
Nice chart. Would love to see the big boys in Houston flush it to get late shorts stuck Then we could see an accelerated move. I love Nat Gas because it's thin...but I hate it because it's thin. ;)
+2 Reply
LEONES PRO OffTheFloorTrader
2 years ago
seems ready to go!
+1 Reply
Mickette LEONES
2 years ago
yep!
+1 Reply
Mickette Mickette
2 years ago
The gap of this starting week (3.086 - 3.036) has to get filled to obtain a certain certitude of upcoming bullishness
snapshot
+2 Reply
LEONES PRO Mickette
2 years ago
I'm long at 3.00!
+2 Reply
LEONES PRO Mickette
2 years ago
i don't think that was a real gap, it's just the way they record and report the data..anyway inside day today good sign!
+1 Reply
Mickette LEONES
2 years ago
My gap indication is right. I recommend you not to forget to add the open gaps in UNG for your analysis
+1 Reply
Mickette Mickette
2 years ago
Still no sign of euphoria
+1 Reply
Mickette Mickette
2 years ago
snapshot
+2 Reply
OffTheFloorTrader LEONES
2 years ago
This is getting interesting. We will wait until we get a trigger to get long. Still would like to see them get late shorts stuck. Where's the sub zero temps when you need them? ;)
+2 Reply
LEONES PRO OffTheFloorTrader
2 years ago
tomorrow report 10.30 EST will be interesting
+2 Reply
LEONES PRO LEONES
2 years ago
!!!!
+1 Reply
Mickette LEONES
2 years ago
UNG close > 14.95 is the bullish sign you are expecting for
+2 Reply
LEONES PRO Mickette
2 years ago
ung?
+1 Reply
Mickette LEONES
2 years ago
Are you trading NGAS without looking at UNG?
+1 Reply
LEONES PRO Mickette
2 years ago
depends - what do you mean by UNG?
+1 Reply
menorad LEONES
2 years ago
UNG - nat
gas ETF
+1 Reply
LEONES PRO menorad
2 years ago
never done ETFs - futures only!
+2 Reply
Leons I like how you wait for confirmation before sticking a dime into the slot machine. Much better rate of return.
+1 Reply
LEONES PRO QuantitativeExhaustion
2 years ago
seems more a short now - need to revise this study!
+2 Reply
QuantitativeExhaustion PRO LEONES
2 years ago
Probably could have confirmed a miss or make with US Dollar.
+1 Reply
LEONES PRO
2 years ago
Chart still valid today 23Jan15 crucial for NatGas
+1 Reply
TradeEmpowered
2 years ago
This one did not produce, I'm confused as you are.
Reply
LEONES PRO TradeEmpowered
2 years ago
this was hard ... had to change plan...
NATGAS trend-following trade
+1 Reply
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