AMEX:UGAZ   CREDIT SUISSE NASSAU VELOCITY SHS 3XLNG NAT GAS ETN(02/02/32)
When you make enough loss in an 1x ETF time to switch to the 3 x leverage little sister at the bottom.
Time to take the advantage of the collapsing dollar in something what is printing the bottom in these moments.
Natural Gas -after shorted to death- is printing a 4,9% rally today.



UGAZ had a capitulation volume last Thursday.
This is the place where I want to be heavily invested.
Comment: This might be the place to add:
Comment: The rocket has been launched.
Are you hedging your investments in dropping or just keeping?
Reply
@FFMEO, Just holding. I don'T want to hedge here. You might miss the big moves with the hedge
Reply
FFMEO chartwatchers
@chartwatchers, I’ve noticed you almost never use the stop loss in forecasting. Why?

Sometimes someone met the situation when one’s forecast was wrong, but without the reasonable stop loss someone realized that too late and there’s a great chance to lose everything invested. How do you settle that issue?
Reply
@FFMEO, If I post a stop loss here it can be easily hunted.
+1 Reply
I'm going long once I get the first green bar of the day.
Reply
SharkbaitAl Mjhobbs3
@Mjhobbs3, If you got in yesterday, kudos!
Reply
Mjhobbs3 SharkbaitAl
@SharkbaitAl,
Got in at $12.46 Thanks!
Reply
If the daily cycle high can get to 2.5 (downward channel top), I will be a happy camper. Are you still looking for a fall/winter long term target, or just working this cycle?
+1 Reply
Agree. .618 from the recent rally. 7 days into the cycle, hasn't really hit resistance levels for this cycle yet.... My main worry is it's a downward channel that may continue, so this cycle could be again left translated to a lower low. Breaks out up, I buy an island. Continues down, I wash up on your beach on a piece of plywood.
+1 Reply
Before you invest UGAZ, better forget your dream of being billionaire.lol.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out