HEIKOTradingSystem

Dec 11,22-NG-Who's pissed off now?

Long
NYMEX:NG1!   Natural Gas Futures
a 700 point Gap Up??? SERIOUS??

I am sooooooooooooooooo pissed off - I can't believe I missed this buying opportunity last week - like I told you all in my last post last week, I missed the buying opportunity, I screwed up....but then for fate to rub it in my face with a 700 point gap up over the weekend???? CRUEL!!

Totally Cruel.

Anyway, now that NG has gone up over 1000 points in 6 days, can it go higher?? or is price going to come back down a bit. Hard to say.

I'll tell you this though.....I will be watching like a hawk. If price goes down a bit, I think I might put in a Buy Order at 6.8 or so in case price spikes up. If price keeps going down, hits 6.6, then 6.4 then lower, then I will keep my Buy Order about 200 points above the current price in case price action reverses quickly one day this week.

I know Wed the FED is going to hike rates again and this is going to cause the markets to go crazy. I've already shorted the S&P500 and making money there so I'm keeping that trade. I'm also Long on Oil as there is the whole Russia uncertainty and U.S. Supplies are dwindling quickly so I'm keeping that trade also.

But NG?? Again - I think between now and March price will go up no doubt...I just want to get in at the best price possible, and that was LAST WEEK!!! :-(

Anyway, stay safe and hit me up with your comments - I wanna know what you all think - am I crazy? Or is price still gonna go up from here?

Heiko

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