NGAS - Up or Down??

11 thg 7, 2016

I am bear short term, bull long term... I opened shorts too early, it looks like it may hit 3.00+ before another correction. I was hoping to be able to open a long term Long at, or below 2.50 but based on my chart.. the current bull isn't done yet.

11 thg 7, 2016

Ghi chú

bounced at resistance... hope it starts dropping

11 thg 7, 2016

Ghi chú

TP for my shorts are

TP1 2.64 .. will close 45% of my position here and start a small hedge long
TP2 2.50 will close the remaining of my short position and add to start scalping my long term longs...

11 thg 7, 2016

Ghi chú

Update

TP1 2.69 Will close 30% of my position start small hedge
TP2 2.64 Will close another 35% of my initial position and add medium size lot to
TP3 2.50 will close the remaining position and start scalping for long term longs.

Will post TP of my longs in once I have more information from the market... but it will be definitely above 3.10!! and that just mid term!!.. planing to hold over a year.... we all have different trading styles, feel free to comment.

11 thg 7, 2016

Ghi chú

12 thg 7, 2016

Ghi chú

Broke 2.69 for a couple of minutes... lets see if it brakes it again.. next target for m y shorts 2.65

12 thg 7, 2016

Ghi chú

Closed shorts with profits, opened long position

15 thg 7, 2016

Ghi chú

GBPUSD follows NGAS....
GBPUSD is forming a rounded top
I believe we are safe to keep NGAS shorts open duiring the weekend.

en.tradimo.com/learn/technical-analysis/chart-patterns/rounded-top-and-bottom-trend-reversal-patterns/

15 thg 7, 2016

Ghi chú

NOT SAFE*
Closing my DGAZ at market close.

15 thg 7, 2016

Ghi chú

double checked my charts.. looking at daily...

Keeping my ngas shorts

21 thg 7, 2016

Ghi chú

Closed short at 2.64
open long position.

no more NGAS shorts for me.. starting to build a Long term NGAS position

21 thg 7, 2016

Ghi chú

28 thg 7, 2016

Ghi chú

18 thg 8, 2016

Ghi chú

Trade working well so far

Bought 2000 UGAZ at bottom
Loaded 500 UGAZ yesterday
added last batch 500 UGAZ today before report came up.

Average high entry 30 - 31...

18 thg 8, 2016

Ghi chú

Following my green line, so far... but red if market decides to correct appropriately.