UNG ( Natural Gase Futures ETF) Swing trade Short then LONG
UNG is shown here on the 15 minute chart with text box comments showing the three trades
over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at
what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used
to generate buy and sell signals in golden and death cross fashion. A dual TF RSI indicator is
used to support those signals. As swing trades with typical stop losses these were quite
profitable with low risk. As an alternative if a trader has options charting available the same
strategy/ method can be applied for significantly higher profit with less capital in each trade.
over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at
what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used
to generate buy and sell signals in golden and death cross fashion. A dual TF RSI indicator is
used to support those signals. As swing trades with typical stop losses these were quite
profitable with low risk. As an alternative if a trader has options charting available the same
strategy/ method can be applied for significantly higher profit with less capital in each trade.
Trade active
See this price news analysis naturalgasintel.com/volatile-natural-gas-futures-front-month-surges-as-traders-await-huge-storage-pull/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.