NYMEX:NGM2014   NATURAL GAS FUTURES
63 14 1
4/23
Looking for NG             ,making new high.
I buyed 4.75
With stop 4.5, and just keeping 10day low


5/2 closing above 4.775 would give me comfirmation.

HappyKing
2 years ago
snapshot


I have monthly breake out from 4.6

and tp 5.4 area, 6.9
Reply
Nice to see another NG buyer. I went long at 4.5. 4.7 has been resistance which it broke last week but again this week its below that level. I'm targeting $6 and continue to add small positions whenever there is a dip. Here's my analysis, if you want to take a look: http://renkotrader.blogspot.com/2014/04/natural-gas-renko-analysis-0604.html
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HappyKing justatrader
2 years ago
Good Analysis thanks! , and good luck
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HappyKing HappyKing
2 years ago
Todays's sell off and even to 4.6 area would comfortable to me(I want 4.6 price), NG market looks like fresh young man, even I stopped I'll retry
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justatrader PRO HappyKing
2 years ago
Yes.. I think yesterday's inventory was a little bit better. I'm not sure what relation European (or Russian) NG has on the Henry Hub, but I think countries are trying to pile up on stock. I'm continuing to buy the dips... if need be, will keep an open target and see where this will go too. My local (Baltic) research is already starting to mention the risks for NG if the Ukraine/Russia crisis keeps on going this way... matter of time before it hits the mainstream media.
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HappyKing justatrader
2 years ago
snapshot
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Monthly/Weekly is still bullish.. Weekly looks to be testing 4.5 - 4 levels

snapshot
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HappyKing justatrader
2 years ago
Thank you, if I stopped, then I'll remember and never mind your comment.
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HappyKing HappyKing
2 years ago
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
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HappyKing justatrader
2 years ago
never mind -> never forget sorry I'm drunken ~~~
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justatrader PRO HappyKing
2 years ago
Hahahahaha!!!! Have a good weekend my friend,
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HappyKing justatrader
2 years ago
Let's have weekend with lovely people, not the news! for life
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HappyKing
2 years ago
If market go up I'll take a profit near 5.2, I believe NG market would make new yearly high. but seeing gabs. especially 5hour chart, I'm thinking Its' hard to take out at once, then I'll retry long side
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HappyKing HappyKing
2 years ago
Selling spree...
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