I have missed several trend within NGAS because it was so erratic recently without a chance to catch the movement, at least with my strategy.
The uptrend I'm waiting for is not yet confirmed and everything is possible, within at this low level NGAS is sitting currently. I do believe that 4H is showing good movement that could lead to strong impulse on daily TF. Weekly and monthly are back to consolidation range since months and this accumulation will lead "probably" to a break to the upside. A bit like my WHEAT trade.
Trade with your own diligence,
GL HF
The uptrend I'm waiting for is not yet confirmed and everything is possible, within at this low level NGAS is sitting currently. I do believe that 4H is showing good movement that could lead to strong impulse on daily TF. Weekly and monthly are back to consolidation range since months and this accumulation will lead "probably" to a break to the upside. A bit like my WHEAT trade.
Trade with your own diligence,
GL HF
Comment:
Closed 20%@TP1.
Comment:
Once again, we are waiting for Mr NGAS to take off.
This could be now... or never.
Comment:
This looks like never but idea still valid, so holding on!
Comment:
Finally... closed 20%@TP2! SL@BE.
Trade closed manually:
Will look again at NGAS closely. Timing was off but S/R were quite good.
