Disliked... I've market the 2.5313 handle as a key support handle for now following the breakout above it on the daily...Ignored
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How to avoid stopp loss...anyone doing that? 52 replies
Disliked... I've market the 2.5313 handle as a key support handle for now following the breakout above it on the daily...Ignored
Disliked{quote} I will be watching this level with great interest. I'm almost considering a short at the current level, but think that may be a "sucker's bet". Looking at my above post I am definitely seeing some exhaustion in buying interest here at the "two spot nine" handleIgnored
DislikedHello Friends... Just a small heads up for all you who are currently holding long on Nat Gas. I'm starting to read some buying exhaustion at the current levels. Buyers are piling on here but I don't see price responding as before. While price IS still rising it is not rising nearly as fast in response to Delta buying inflows at practically every price level today. While I am not yet convinced price will fall (yet), I am paying some close attention to the order flow. A large round of net selling at this level will signal a drop in price...so far...Ignored
Disliked{quote} Yeah, momentum slowing down.. That doesn't mean much except what you say - its a bit sleepy after such a sprint. Is having a bit of a sit, crossing her legs, lighting a ciggie and checking for messages. May be a prudent opportunity to clinch profits on any remaining.. What happens then is not foretold by my lunar observations or circadian rhythm disorder. I may bite myself if she decides to do that gapping thing again. But there ya go.Ignored
DislikedInteresting...how things change in just a few hours. When I posted earlier today here Buying was dominant but seemingly exhausting. Take a look at how it looks now at the end of the same day: {image} Clearly longs have take profits on their positions and the resulting selling has pushed price lower. I imagine price will drop tomorrow and into the rest of the week. What a difference in just a few hours.Ignored
DislikedLooks like you are right! I think this downturn has some legs to run this week. Will see how it starts tomorrow and move accordingly.Ignored
DislikedWhenever NG drops to near $2, just buy it. It cannot go below $1. In Futures, when you buy one contract, $2->$1 is $10000 move. If your margin can afford this, you're almost guaranteed to make huge money. Super attractive RR. Am I wrong? For position trading, ETF or Futures have lower trading cost than CFD. {image} See also: https://www.forexfactory.com/showthr...3#post12373383Ignored
DislikedWhenever NG drops to near $2, just buy it. It cannot go below $1. In Futures, when you buy one contract, $2->$1 is $10000 move. If your margin can afford this, you're almost guaranteed to make huge money. Super attractive RR. Am I wrong? For position trading, ETF or Futures have lower trading cost than CFD. {image} See also: https://www.forexfactory.com/showthr...3#post12373383Ignored
DislikedWhenever NG drops to near $2, just buy it. It cannot go below $1. In Futures, when you buy one contract, $2->$1 is $10000 move. If your margin can afford this, you're almost guaranteed to make huge money. Super attractive RR. Am I wrong? For position trading, ETF or Futures have lower trading cost than CFD. {image} See also: https://www.forexfactory.com/showthr...3#post12373383Ignored
DislikedWhenever NG drops to near $2, just buy it. It cannot go below $1. In Futures, when you buy one contract, $2->$1 is $10000 move. If your margin can afford this, you're almost guaranteed to make huge money. Super attractive RR. Am I wrong? For position trading, ETF or Futures have lower trading cost than CFD. {image} See also: https://www.forexfactory.com/showthr...3#post12373383Ignored
Disliked{quote} You're correct but you will see when NG is near $2, then the sentiment would be such that it would be almost impossible for most to end up buying, as Fundamentals would be terrible. The one who holds his nerve and has adequate margin, is bound to make money.Ignored
DislikedWhenever NG drops to near $2, just buy it. It cannot go below $1. In Futures, when you buy one contract, $2->$1 is $10000 move. If your margin can afford this, you're almost guaranteed to make huge money. Super attractive RR. Am I wrong? For position trading, ETF or Futures have lower trading cost than CFD. {image} See also: https://www.forexfactory.com/showthr...3#post12373383Ignored