HEIKOTradingSystem

HEIKOTradingSystem

SO big change happened in the last hour with markets reversing - why??? NO IDEA!! All I know is I decided to put in a Buy Order at 4250 with a TP of only 100 points at 4350 just in case markets tank again. We shall see - so far my account is up to about 24K from 10K a couple of months ago. Let's see if I can get to 100K by July :-) Stay safe! Heiko

HEIKOTradingSystem

NG Falling naturally after I get rid of my order at a loss on Sun night - lol S and P making some ground today which is good and Wheat took a tumble today - i'll be watching wheat over the next 24 hours to see a rebound, hopefully. I'll keep you updated. Heiko

HEIKOTradingSystem

I'm OUT! Crazy how high NG is going so I pulled the plus and got out of my losing trade. As I said on Friday's post update, I will see how Sun night and Mon goes but if it keeps going up I will probably exit around 7.5 - that's what I did. I won't be getting into a SELL position anytime soon - NG has to have some serious downdraft in order for me to get back...

HEIKOTradingSystem Updated 

I've been watching whaet for a while now waiting for a bottom. Hopefully last week was the bottom. I put a Buy Order in at 1000 on Friday and wheat is slowly moving up. With the war and drought going on, spring planting is screwed in Ukraine and Russia which account for about 25% of the worlds wheat. I'm in this one for the long haul - hoping wheat will keep...

HEIKOTradingSystem Updated 

Continuing on my quest to 100k, it's looking like a bottom to me for the S&P 500 so I put in a Buy order with a TP at 4600, considering it was there just a few days back. Happy Trading and stay safe. Heiko

HEIKOTradingSystem

I'm hoping this is it for NG's run up. 6 is a nice even number but who knows, could keep going up with the war and Russia's threats. There is some Support at 5.6, then again at 5.3 but I'm hoping it will plummet down to 5 at least as NG is so overpriced now. Stay safe Heiko

HEIKOTradingSystem Updated 

My 2 orders are still waiting for NG price to fall. European NG has fallen today so hopefully U.S. will follow suit as today progresses. Stay Safe. Heiko

HEIKOTradingSystem Updated 

Even though Oil is coming down quite a bit, NG is going up instead. I can only guess at the reason, but I have put in another Sell Order at 5.750 in hopes that this is just a pullback and Price Action will come down tomorrow and next week. Weather wise it is certainly warm across the U.S. so it's probably the war. Anyway, price is inflated beyond what's...

HEIKOTradingSystem Updated 

I drew some Support lines as NG went up over the last week...question is now, will NG keep going up or will it finally reverse and 5.55 becomes a new Resistance area? Guess we shall see. In case price action comes crashing down through my Alligator over the next few hours, or overnight tonight, I have put in a Sell order at 5.5 which will be under the green line...

HEIKOTradingSystem Updated 

Like the Euro 50 index, I am shorting the DE30 (Germany) as I believe both markets will fall this week due to WW3. I put my Sell Oder in at 14400, with my SL at 14600 and my TP at 13200 Looks like Putin isn't stopping anytime soon. Stay safe. Heiko

HEIKOTradingSystem

NG is STILL going up, crazy. No time to sell yet. I will put in a Sell Order next week assuming there comes a top. You never know, it might just keep going up to 6 - lol Anyway, Happy Weekend all and stay safe. My heart goes out to all the families suffering during this war. Heiko

HEIKOTradingSystem Updated 

NG has come down some overnight so I put in a sell order at 4.9. I'm going to watch it closely and I'm not expecting it to take a nosedive anytime soon. As long as the War is in play, I can't see NG getting under 4.5. I'll see what kind of profit I can get - maybe only 200-300 points, but still better than nothing :-) Stay safe. Heiko

HEIKOTradingSystem

With the Ukraines Presidents words on the weekend talking about WW3, I believe the European markets will drop this week so I put a Sell Order in at 3893 with my SL at 4050. I'll keep an eye on it but I think there will be a lot of volatility this week on all markets. Stay safe. Heiko

HEIKOTradingSystem

Put that Buy Order in at the beginning of the week at 4.5 wanting price to head up to 5. Not sure what's going to happen. News is so mixed with the war going on - so I decided to take my profit at 4.650 so not a huge gain, but at least something good. With the Fed popping interest rates up this afternoon, I have no idea where NG is going to go - didn't want to...

HEIKOTradingSystem Updated 

To help me (and maybe some of you), I have started my Demo account with 10,000. My goal is to get to 100k risking 5% per trade using my trading system. I will document this process from start to finish for educational purposes. You can always distinguish between these posts and my regular posts by the title - my demo account will always have 'From 10k to 100k'...

HEIKOTradingSystem Updated 

So last week NG went from around 5.1 down to 4.5 and closed out the week at around 4.7. This makes it hard to say if price will drop back to 4.5 or if it will rise up to over 5 with what's going on in the world. I think I will play this week like this - if price action comes down to 4.5 by Wed, put in a Buy Order there expecting price to go up into next week. ...

HEIKOTradingSystem Updated 

After Bidens announcement I put in a Stop Buy Order at 4.6 to see if price action would come up once 9:30am hit - Sure enough it took less than 15 minutes. This of course is all due to Biden, who later today is said to ban Russian imports and/or the purchase of Oil and NG from Russia. This could put a supply issue into the world which will push the price of both...

HEIKOTradingSystem Updated 

Wheat came back up on a tear so I decided to Take Profit at 1315 from 1250 for some nice profit. My plan now is to wait for wheat to fall back some overnight and buy again either late tonight or tomorrow and ride price up again. Congrats to all who followed this trade - enjoy your Profits!! Stay safe. Heiko