TradingView
theTradingSailor
Apr 16, 2021 4:57 AM

NG-Seems a shorting opportunity Short

MCX:NATURALGAS1!15
Natural Gas FuturesMCX

Description

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Natural Gas shorting around CMP
SL above today opening.

TGT near trendline around 3 points - will update if needed

Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.

Trade active

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198.8 Shorted 2 lots

Comment

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Exit if crosses above today's high.

Comment

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Still not exited- awaiting a candle close.
if Stopped out no more trade for this week

Trade closed: stop reached

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Stopped out/ exited at 200.3
1.5 points loss
Net loss 2500+brokerage/tax

No more trade for the week
Happy weekend.
Trend AnalysisChart PatternsnaturalNatural GasNGNatural GasMCXCommodities
Comments
Vineeth_Jb
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If you'd have watched international commodity NG(Currencycom) , you could have easily avoided going short brother.

Bullish view was crystal clear in that!
theTradingSailor
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@Vineeth_Jb, Thanks mate - that's right, I had ignored that intl chart. :)
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