Market took longer today to decide on which way it wants to go. Finally price action crashed around 8:30am below the Linear Regression indicator so I put a buy order in at 3.980 with my usual 20 point Take Profit at an even 4.000. My target was hit in the 9:15am candle, even though it was red. Then price action bounced back and it's still going up as we speak. ...
Woke up to see some sideways price action between 5 and 7am - Perfect!! As we know, sideways action sets us up for a great trade. Price action was creeping up to almost hit the outside top of the Linear Regression Indicator. This is where you put a sell order in below your 30 HMA, which I did at 3.990 with my usual TP of 20 points, 3.970. Within 30 minutes my...
Gotta LOVE a double wammy morning! Sometimes you can get lucky, but I use this Linear Regression indicator for a reason. So just like at 6am price action touched the high outside the Linear Regression and I put a sell order in, price action continued down way past the Linear Regression Bottom touching 3.930. I put a Buy order in at exactly the same place my TP...
Watched price action go up through the 30 HMA in the 6am hour, so I watched to see if price would hit outside high of the Linear Regression indicator which it did at 7am so I put a sell order in at 3.965 with my usual 20 point TP. Before 8am my target was hit giving me another good morning, minus the rain outside :-)
Woke up to a decent sideways channel but notice at 5:45am, the pullback. It was 11 points so not massive but enough for me to put a Buy order in at the top of that candle, 3.878 with my usual TP of 20 points, 3.898. It took a little longer than usual but within 90 minutes my target was hit. Another great morning :-)
Woke up this morning to price action falling. Notice how around 5:30am price action tested the top outside Linear Regression? Good time to think about it coming back down and it did big time. Put in a sell order for 4.090 in case it continues going down past my 30 HMA and it did around 6:30am. I set my TP for my usual 20 points and it hit that around 7am. ...
Too bad I wasn't awake at 3am cause I would have made a killing! When I woke up and checked Natural Gas, price action was in a tear straight up!! I put a buy order in at 4.100 with my usual 20 point TP at 4.120. My target was hit in less than 15 minutes - WOW! Good Morning Monday to me :-)
Price action came down over the 7am hour and ended up in a sideways pattern - perfect setup! I put my buy order in at 4.000 and at 9:15 price action shot up through my 30 HMA and hit my Take Profit of 20 points. The Linear Regression Indicator is pretty reliable folks - been using it for a while now with decent results. Enjoy your Friday and weekend!!
Notice how around 6:45am price action hit the top of the Linear Regression? This is a good time to start looking at getting an entry price as price action could move down as it rebounds off. It took until 7:30 but you can see how price action came down slowly and then went down through the 30 HMA. The little 'up' candle at 7:15 was where I put my sell order in...
Checked in on Natural Gas when I woke up and saw price action coming down since the 4am hour. Price action went down through my 30 HMA so using the Linear Regression Indicator, I put my Buy order in at 3.935 with my usual TP of 20 points at 3.955. Price action moved earlier than I expected at 6:45am and within 30 minutes shot straight up through my 30 HMA to hit...
Natural Gas is quite volatile this morning making a trade more difficult. To trust in Linear Regression is sometimes a great tactic as it worked great for me. Remember to trade using Linear Regression Indicator in the direction of the Indicator for more chance of success. As you can see it is on an upward slope therefore it is best to only BUY, not sell. So I...
Some serious down markets this morning but Natural Gas was making it's way sideways overnight. As usual I put in a buy order above the sideways action and watch. Price action went up through the 30 HMA and hit my order at 3.715. As usual I set my TP for 20 point to take my money and run. It took a little longer than usual but it eventually hit the mark :-)
Looked in on what price action was doing for Natural Gas and found some decent sideways action so I put a buy order in at 3.615 with my usual Take Profit of 20 points. At 7:45am price action went up through my 30 HMA and hit my TP pretty quickly - Happy Friday to me! :-) Have a great weekend all.
Price action this morning was falling a bit coming into the opening bell so I waited and then at 9:15, price action broke upwards through my 30 HMA. I put a buy order in at 3.650 with my usual Take Profit of 20 points at 3.670 which was hit as price action continued going up after the 9:30 opening bell. Another good morning :-)
Looking this morning, I knew Powell's report at 8:30am would move Natural Gas one way or the other so I watched my indicators and noticed how price action moved back down in the 7am hour so I was hoping price action would reverse course and go back up, and from 7:45 to 8am it did go back up through my 30 HMA so I put a buy order in at 3.710 with my usual Take...
Crazy morning today - look at that price movement down in the 7am hour. I'm happy I missed the trade, I was kicking myself for not getting into that fall but I watched it and as it fell out of the linear regression I knew there was a chance of a rebound so I put an order in at 3.720 with my usual TP of 20 points. Sure enough at 7:45am price action rebounded and...
Early winner in less than 30 minutes around 7:15am. I woke up to a bit of sideways action and put a buy order in at 3.650 with my usual Take Profit at 3.670. Price action did indeed rise up past my 30 HMA and triggered my buy order and within 30 minutes it hit my TP :-) Great start to the day and the week.
Because I was sleeping, lol, I missed the real entry point with this trade. However, it had a pretty big pullback as you can see around 7am so I decided to put in a buy order at the psychological 3.700 and my usual 20 point Take Profit. It worked in the 8 o'clock hour with my order being placed and my TP hitting all within 30 minutes. Hope you all have a great...