Gooood morning guys,
As always I keep things brief and simple
Short on
NATURALGAS actual price 3.50$
FIRST TARGET --> 3.00$
SECOND TARGET --> 2.75$
Why?
- Stocks are full in Europe
- Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle.
What could go wrong?
- Israel events happened and we still have to see the effects with other exporters arab countries I don't think that something is going to happen as the '73 crisis (I don't have a sphere to predict the future)
- The stocks are not full in the US
- Thyphoons in the US
- Unexpected decrease in temperature
- Seasonality not respected and sudden big speculation on the price of NATGAS
With that being said I just share my opinion here and I repeat don't have a magic sphere nor I'm god so future is always unpredictable I just adapt to change and keep up to date.
oh and yeah TradingView already says that but I'm going to say it again I AM JUST SHARING MY IDEAS NOT FINANCIAL ADVICES HERE
Peace out
As always I keep things brief and simple
Short on
NATURALGAS actual price 3.50$ FIRST TARGET --> 3.00$
SECOND TARGET --> 2.75$
Why?
- Stocks are full in Europe
- Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle.
What could go wrong?
- Israel events happened and we still have to see the effects with other exporters arab countries I don't think that something is going to happen as the '73 crisis (I don't have a sphere to predict the future)
- The stocks are not full in the US
- Thyphoons in the US
- Unexpected decrease in temperature
- Seasonality not respected and sudden big speculation on the price of NATGAS
With that being said I just share my opinion here and I repeat don't have a magic sphere nor I'm god so future is always unpredictable I just adapt to change and keep up to date.
oh and yeah TradingView already says that but I'm going to say it again I AM JUST SHARING MY IDEAS NOT FINANCIAL ADVICES HERE
Peace out
Dagangan aktif
I just want to disclose my position, I have the trade still open. What I see now is a possible double top or break through..
1st case scenario I'll double my position on shorts (this after confirmation)
2nd case scenario I'll start covering the short and accept the loss
Dagangan aktif
Nota
Doubled the position, stop loss at 3.70. Remember that today the NATGAS stockage is being released. so be careful to volatility
Nota
We are on the area of the $3.00 I'll close half of it and check on how it's going to evolve the situationDagangan ditutup: sasaran tercapai
Well I'll anticipate and close all of my positions right now. Nice Ride
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.