NATGAS looks like now the secret is to go long whenever you see a dropNatural Gas forum
NATGAS looks like now the secret is to go long whenever you see a drop
NATURALGAS this week was like martingale system on roulette lol. I was like no way this shit is dumping more than 80 cents after hitting 3.4 yesterday so doubled down yet again and it paid off. Don’t try this at home lol 😆 except if you know how natty moves. There was literally almost 0% chance this would’ve dumped even lower without basically any pull back. So I knew it was just manipulation, retail squeeze, but that’s when you must add more if you have the funds that’s how you make money. Yeah had it dumped to $3 I would’ve taken a big loss, not wipeout but I should’ve liquidated, but it just doesn’t happen unless something very very crazy happens.
NATURALGAS this is going all the way to 4
NATGAS I've deleted all Robot Alerts for NatGas from TV. And this is my last post on anything gassy. Good luck with Rotten Egg Crypto. Over and out. 💧NGAS Are institutional investors that dumb in pushing it up again, as the surplus into storage was not even dented by the last heat wave. They responded accordingly when the data was released, and I would say got caught off guard. What is this now, as it creeps upwards collecting buyers in the off-hours. Are the whales sucking up krill to spit them out later, or are they just that dumb, and already forgot the data they sold off on? I am close to abandoning NG altogether and sticking with Oil. I looked at my trading logs from the last 4 years and statistically, NG is just NOT WORTH THE TROUBLE. Not even for scalping, which requires constant babysitting.
NATURALGAS Price is testing resistance on the 4H chart (circled area). After a strong drop and fading bearish momentum this week, I expect a higher high today since the uptrend from 1w/1d/4h persists. The current daily low and high are above the previous day’s, though the session is far from over. Bullish momentum remains and I'm optimistic for a breakout today, but risk management is key. I’ve started trailing with VWAP and will consider closing longs if price drops sharply below it with volume. It's always bumpy when price tries to penetrate resistance...Good luck everyone!
PS: unfortunately I bought near 3.55 aggressively when I saw weak bearish momentum from a previous key level instead of waiting for the eia report and buy the dip so I don't have much buffer for a possible drawdown so I'll be conservative and monitor how price reacts compared to the vwap.
NATURALGAS what you all think on Oil ?
NATURALGAS made me look like the first rookie: went long on 13/6, added every day at the close. Scaled in further at every day's session on the Pullback to go 100% long. Exited with a miserable loss on yesterday's low and went short (while hedging back to long as well). Shorts left (another loss), currently 50% long again. In summa: Total carnage
NATURALGAS good job boisNATURALGAS 3.50 rejection same as yesterday down it goes