So nailed this. First time using the PT indicator thing so didn't know it would be so literal. This was not a failure.
Wisenasdaq
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also be cautious for the natgas future roll over that will occur at the end of the month.
Wisenasdaq
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make sure you put tight stop loss.. I would suggest you first find out and use Natgas future chart trend to determine the swing instead UGAZ chart.
Malc8
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@ibrahimgazi, Agreed. But I am always watching the NG futures. Don't let the simple chart fool you. My entries and exits are determined by the 1hr, 4hr and 1d EMAs so a bearish cross could get me out in a day; or I could be in it for weeks if the trend is strong. Most people over analyze technical analysis, I despise it.
Wisenasdaq
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@Malc8, all good then.. when i trade natgas , i also pay close attention BOIL options contract . keep in mind. - good luck!