NG long soon?

22 Nis 2017

scenario 1: possibly a further drop, then a bounce and a accumulation/wave 2 going on before a breakout.
scenario 2: retrace up, further down, making new low before continuing rally

optimal safe entry is when NG goes sideways after making new lows

27 Nis 2017

İşlem aktif

buy stop UGAZ 21.31

15 May 2017

Not

purple line nailed it. had ugaz at 20.30 average (multiple entries).

closed half at 22.5 on Friday. waiting for possible wave 4 to finish and doubling down then.

29 May 2017

Not

grabbed more UGAZ on Thursday at 18.6. will grab remaining 50% of position once UNG breaks range and closes above 7.93. either purple arrow or orange arrow going to play out. Both indicate a 3-3-5 flat pattern finishing up (wave 2).



accumulation or distribution going on for 9 weeks now, move is gonna be huge, whether up or down, just have to be there to catch it. my case for bullish is that i see a possible wave 1 and 2 (wave 2 expanding flat) in red. weekly close above the blue line would be good for bull case. fundamentals support bull NG as well.. (coal phase out, increasing demand for NG turbine plants etc.)

29 May 2017

Not

yellow boxes indicate possible waves 2 and 4 of wave 1 (sideways movement/narrow range)

2 Haz 2017

İşlem elle kapatılmış

well that didn't go as expected :(