Too bad I wasn't awake at 5am, that would have been a decent run. Anyway, The 7 and 7:15am candles consolidated a little bit so I put a sell order in at 3.951 which was the low point of the 7 and 7:15am candles. I took my usual 20 point Take Profit and set it at 3.931. That got hit at 7:45am. Not sure if price action will reverse and head back up over 4? OR...
Too bad I wasn't awake at 3am...anyway...waited for price action to hit either side of the Linear Regression and it finally hit the top of at around 7am so I put a Sell order in at 3.913 with my usual TP of 20 points, 3.893. The previous candle-the 6:45am candle- high was 3.913. This is why I chose that as my entry point. It got hit but then price action took...
Got lucky this morning with this trade. Watched price action move down in the 8am hour so I put a buy order in at 3.915 with my usual TP of 20 points, 3.935. My order was hit at 8:45 and my TP was hit just after 9am, thank god as price action reversed and is still down from the high of 3.951. Anyway, made good for a Friday and will see if Monday it will rise...
Looking forward to the IEA Report at 10:30am today can do wild things to price action but I was able to get a trade in just after 9am at 3.780 with my usual TP of 20 points, 3.760. See how the price action pushes above the Linear Regression? It was then that I put the sell order in was triggered just after 9am. By 9:45 my Tp was hit and I stayed out waiting for...
Lot's of price action this morning so I held off on any trades to try to confirm a short term trend. I was going to trade at 8:30 but price action reversed with a huge UP candle so I waited to see if it would push the upper boundary of the Linear Regression. It did so I put a sell order in at the low of that candle, 3.850 with my usual TP of 20 points, 3.830. ...
Price Action was ranging sideways most of the night. At 8am price action rose upwards so I put a buy order in at the psychological mark 3.900 with my usual TP of 20 points, 3.920. Only took less than 30 minutes to take my profit and run :-)
With Natural Gas dropping steadily over the last 4 days I was curious when/if price action would reverse. It looks like today might be the day. I put a buy order in at 3.870 on the slight pullback at 6:45am. I put the buy order in at the top of that candle. I used my usual 20 point Take Profit and at 7:30am my target of 3.890 was hit. Another great Monday Morning :-)
Looks like I was correct - price action reversed huge and went straight up - I put a buy order in and my usual TP of 20 points - Congrats to traders who followed my call - enjoy the profits :-)
Price action went up outside the Linear Regression and at 7am it started to come back down so I put a sell order in at the psychological 3.900 with my usual TP of 20 points, 3.880. It took a while and it barely hit my target. Not sure what today will bring after 2 big down days. Stay tuned - could be a huge rebound day.
Woke up this morning to a slight downfall for NG starting around 6:15am getting as high as 4.055. While following the 'Trend is my Friend' rule, I put a sell order in at 4.040 with my usual TP of 20 points, 4.020. It took a while longer this morning to hit my target. Not sure if there will be a rebound with the opening bell at 9:30am. Will keep watch. ...
I almost made the wrong call when I woke up and saw the sideways action in the 6 and 7am hours. That up candle at 7:15am almost did me in but remember 'Trend is your Friend' so looking at the Linear Regression being in a down position I changed my mind and sold at 4.070 with my usual TP of 20 points, 4.050. At 7:45am price action continued to go down and before...
Great Morning Volatility! Notice the 8:15am candle that has no body - this is the fighting between the bears and bulls, up or down? No one knows. But considering how close it was to the top of the Linear Regression, I put a sell order in at 4.055 with my usual TP of 20 points, 4.035 which was hit in record time at 8:45am. Pretty nice morning indeed :-)
Some overnight ranging happened, fairly typical. During the 6am hour price action started coming down and at 7am price went below the Linear Regression so I put a buy order in at 4.030 with my usual TP of 20 points, 4.050. Within 30 minutes I had my profits. Another good morning. Congrats to traders who follow the HEIKO Trading System.
Woke up this morning to some sideways action - perfect - and saw there was a low at 5am touching 4.143 so I put a sell order in at 4.140 with my usual TP of 20 points, 4.120. The magic happened all in 15 minutes at 7:15am as price action crashed down and hit my target. Another great Monday Morning :-)
Wish I was awake at 3am - Lots of movement then...anyway...loving this Linear Regression indicator. Price action spiked up at 6:30am touching 4.160 which was just slightly outside the indicator. This is where I put a sell order in at 4.145 with my usual TP of 20 points, 4.125. Price action reversed slowly at first and then BAM - hit my target in less than 15...
The trend is your friend! Quite a big downtrend this morning when I checked in on Natural Gas. Price action went up strongly between 5:30 and 6am. It hit as high as 4.162 so I put a Sell order in at 4.150 with my usual TP of 20 points, 4.130. 6:30 and 6:45 price action crashed down hard and triggered my order and my Take Profit. Another great morning :-)
Price action was in a fairly large sideways channel during the night and I was sleeping during the 5am low - it would have been perfect to buy then but alas :-) SO when I woke up and checked on it, price action didn't yet cross the psychological 4.100 and there was a slight pullback in price over 90 minutes or so, so I put a buy order in at the sideways action...
Had an emergency - sorry for the late reply today - nonetheless, as price action was falling this morning, price went down outside the Linear Regression indicator so I put a buy order in at 3.970 with my usual TP of 20 points at 3.990. My target was hit in 15 minutes around 8:25am. Nice morning for a quick profit :-)