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UnknownUnicorn1372988
Nov 28, 2017 9:03 PM

NATURAL GAS XNGUSD Trend Continuation Short

Natural GasOANDA

Description

Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones.

UNGUSD
Technical Outlook
To open SHORT positions for XNGUSD , it is required:

In this situation we are now waiting for Awesome Osci to go into NEGATIVE territory alongside of our other system indicators to confirm trade entry confirmation for movement to the downside and but if the market trend begins to range this signal will become invalid. Market execution for entry, confirmation will be required for entry. The market enviroment is still ranging but we will monitor the activity of our negative readings until signal is in the appropriate conditions.

Risk Description: Once signal is confirmed 140 pips will be up for grab with small risk SL at swing high. The 2 previous signal on this pair was 231 pips since NOV 15/2017 to current date. We have seen quite a bear run this pair in november and we are now looking to capture for the bears to another wave to the downside to continue this trend.

Profit expectations: 7 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.

Current Dynamic S/R Levels:
Swing high: 3.10
Swing Low: 2.96

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playing out perfectly but signal wasn't there for entry

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Trade idea for XNGUSD, we expect a retouch of 2.600 before becoming bullish on D1.
If signal is provided I will make a trading plan and link it to this update.

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Retouch was successful

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Upward movement will only be valid if indicators provided go into positive territory, I will update with new idea when signal is given.

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NGAS could stay in ranging conditions for a bit but seems like 2.5 support level will hold

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going long on 30M targeting 2.777 if the next 3 candles are bullish.

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Intraday entry failed, I will post new entry possibly later on today

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EP 2.692
TP 2.735
TP2 2.777
SL 2.592

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Taking partial profits at 2.40

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2.740*

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Trade closed: target reached

Lets close this trade out 42+points if you entered on market open

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Natty still climbing to new high on H1. 2.8 is the target for 12/28. The next set up will be the swing + intraday strategy.

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We hit H1 resistance @ 2.904 now it is time for a overnight correction.

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Trade active

Intraday hedge strategy
EP 2.971
SL 3.049
TP 2.938
// high risk trade

Trade closed: target reached

2.750 is new target

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Trade active

lets go long
ep 2.897
sl swing low2.680

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3.0 is target 70+points

Trade closed: target reached

closed @ 2.975

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- Stage 5 system has been updated
- buy signal on H4 has printed 1:00 am EST @ 2.894
- My broker price on Natty is not in sync with trading views open price
- Fxopen broker Longs are good to aprox. 3.125

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Correction
- buy signal on H4 has printed 1:00 am EST @ 2.984

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short it if you want

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you can still short him

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I have mixed signals right now but we can expect a corrective wave to the upside before price prints new fresh lows

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Buy signal on H1

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Lets see if resistance will hold

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Often time a continuation always follows after a large body candle has printed, XNGUSD could target 2.9-2.8. Lets see how it plays out

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updated conditions this morning cut shorts go long

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scenario 2, if you plan on going long from here make a deep stop loss 2.390 would be a idea stop loss level to avoid stopped out

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Natty looking bullish again in the short term forecast

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conditions have changed

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I missed this signal this morning, but it played out perfectly

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BUY SIGNAL HERE

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Im currently not trading NGAS because of the current market conditions. I will return when things start trending again
Comments
lbg01
what a run! thank you very much!!!
Great postings!!
MassimoMattioli
Target reached!!??
BobW
Ready for a return to the upside? Or wait until it drops to 2.64?
MassimoMattioli
Seems like is back again in a range trend,,,this is just eating SL in both ways good for brokers,,,so boring
MassimoMattioli
@MassimoMattioli, Exactly what did today,,,,
UnknownUnicorn1372988
@MassimoMattioli, very unfavorable trading conditions
MANOLIS
Nice Mate, well done :)
Olu
Excellent call. Price is close to where another reversal can start from
MassimoMattioli
Another good call,,!!
UnknownUnicorn1372988
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