Natural Gas Short

Natural Gas Short

203.7 (CMP)
SL: 205.1
TGT1: 201
TGT2:198.6

Trade active:

Shorted @ 203.6 (Put limit order)

Comment:

Use 5 min TF, I cant use that for publishing idea

Comment:

First lot keeping tgt 201.1. Once TGT 1 hit will update SL for the 2nd lot to 203.8

Comment:

NOTE:: SAFE TRADERS CAN EXIT AROUND CMP 201.8-201.7 - Since inventory coming soon, there can be spikes, for safe traders can make a 2 point profit and exit now

Comment:

Self not exiting, I will update stops basis 5 min closing after 2100

Trade closed: target reached:

Completed - one candle and TGT hit - exited 2nd lot at 198.5

Comment:

Avg Sell Price: 203.7
TGT1: 201.1, TGT2: 198.5
Avg Sell Price: 199.8
Traded: 2 Lots
Net Profit: 9750 (This includes brokerage, excl. brokerage gross profit will be approx 9600)