Naturalgas breakoutHigh volume breakout happened in naturalgas. If it sustains above 318, the prevailing short term may continue. Initiated a long position @ 318
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Contract highlights
Natural gas start sell on rise until 316 not break 288-280 TargeHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Squared off 2nd may naturalgas long tradeReferring to previous idea of 2nd may 2025, trailing stop was hit in naturalgas trade. I used anchored VWAP as the reference point for trailing stop which was breached hence exited. This trade gave me ~12% return on deployed capital.
Natural gas buy recommended at 268 ,buy in dip 324-328 Target How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas sell given below 298 , Target 290 hit sell rise How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
NG getting Ready for 320+ in coming 2-3 weeksNG looks oversold on Daily chart & can bounce back to 320+ in coming 2-3 weeks.
13% upside form current levels possible.
LTP - 285
Target - 320
SL - 255
Happy Investing.
Natural gas buy given above 268 enjoy huge profit levels @chartHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas if break 242 then fresh breakdown upmove above 268 How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas until 268 not break avoid buy breakdown below 242How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas not able to break resistance 269 , buy above 269How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 21.4% to 23.6% range then early
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Natural Gas Futures is Jun 27, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Natural Gas Futures before Jun 27, 2023.