Long Position in Natural Gas
Updated
Natural Gas has broken important support zone of 160-165 this week & now trading at 135.
Natural gas is approaching its next major support zone of 128-120
CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.
SL would be below 119
Targets I'm expecting are 158 and 167 which was support zone before & now a resistance.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Natural gas is approaching its next major support zone of 128-120
CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.
SL would be below 119
Targets I'm expecting are 158 and 167 which was support zone before & now a resistance.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
Still trading at 133-135Trade active
CMP 128.50Adding more position here.
Trade active
CMP 130Long position open. My Average buying price is 132.
Trade active
CMP 141.7NG 8% up!
Trade active
CMP 143.609% in profit.
Trade active
CMP 147.7012.4% in profit.
Trade active
CMP 15316.5% in profit.
Trade closed: target reached
CMP 157.20Closing my trading position here.
20% move captured.
although it can still move till 165 but 20% is enough for me so closing here.
Trade closed: target reached
CMP 165Although I closed my position at 157-158 after capturing 20% move.
All targets of my analysis hit today. 26% move captured overall.
:)
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