So it looks like I was a week early - my Sell order at 6 is still in and I put in another Sell Order for 6.5 as a pyramid order to take advantage of higher prices. I will be watching as the week progresses to see if price action goes way up past 6.5 or not. If price does not pass the red line of the Alligator then I should be fine and price action will come...
Looking at the way NG has been playing out over the last couple weeks, it looks like it just drop, levels off, drops again - repeat!! So I'm thinking it might hit 6 and then drop off again. We shall see. Heiko
So I heard Germany will have to fire up their coal plants due to Russia clamping down on their supply of NG to Germany. I don't know if this will affect U.S. NG or not, but considering how far NG has fallen in the last 3 days or so, I imagine NG might go back up 500 points or so this week. Let me know your thoughts. Stay safe. Heiko
As I said in my June 14th post, I will put a Buy Order in with price hoping to hit 8 or 8.2. It DID! So I took my profit at 8 for a nice 500 point profit!! Congrats to all who made some money!! I will keep you posted probably on Sun night or Mon for next week. Heiko
Hope all profited in that last huge drop today. Price action didn't hit 9 like I wanted, so I got in a little late, but still got in at 8.2 and got out at 7.2 for a very nice 1000 point profit in a couple hours!! NICE! With the hot weather across the U.S. and the LNG terminal damaged, I'm expecting price to go back up - not sure how high, but I put in a Buy...
So NG starts off with a drop, but I'm thinking of a bounce Mon and Tue back up to 9. I am looking for a Sell Order at 9ish going back down to 8.2 I will keep you updated as the week progresses. Stay safe. Heiko
WOW!! What a crazy ride eh this past week?? I put my initial order in and I was correct that price action dropped, but not low enough - I had my TP set at 8. Then price went skyrocketing up so I put another Sell order in at 9 and moved my TP to 8.2 And just in the last 45 minutes or so, price action hit my TP at 8.2 and I made out with some NICE profits, one...
I thought price action would fall all the way down to 8, but it didnt. It came down to just under 8.2. Congrats to all who took your profits then!! I was out at the time so I missed the price change back up. Now that price is basically back where I started, it might try to touch 9 again which is where I will put in another sell order. I moved my TP to 8.2...
Looks like my prediction was correct from Friday. I was thinking we may have a spike on Mon and here it is. How long will it last? not sure... But, I'm looking at a top out of 8.8 or 8.7 So I am looking at putting in a Sell Order around there tomorrow or Wed. I'll keep you updated. Heiko
NG has been making higher highs and higher lows this past week or so....I'm watching for another pullback today down to 7.7 - I will see if it blows past this point but if it finds some support here then tomorrow or later tonight could be a Buy Order around that 7.7 mark. NG is still looking like it's on a tear so we will see what the report says today and go...
So I put a Buy Order in at 1050 on Friday and it closed a little above that . We shall see this week if the trend continues up or not. I'm thinking it could finish off around 1300 this week before the long weekend. I'm thinking that will be my TP - 1300. Also, the AO indicator ended on a Green note so that's good - hoping it will continue to go up :-) I'll...
So is it time to buy? Wheat ended going on a tear today - straight up!! Question is .... for all of you who didn't get in on the profits today, do you get in now and go long? Or do you wait for a Sell Signal and go short? Hard to say - I did make some money today going long, but I TP wayyyyy too early. Anyway, now I'm in the same boat as you guys - get in...
So NG has been in a bit of a sideways channel lately....what is it waiting for? Some kinda news? I have no idea if it will go up or down or will it end this week sideways? Frustrating as hell but I'm thinking it might drop some next week. Who knows though right? Thoughts?? Heiko
So I made ok money on a wheat trade with the price coming back up. What now though? Is this just a pullback? Or should I short this back down to 1050? Thoughts? Heiko
SO NG is kinda level right now....time to sell or no? Thoughts? Heiko
So I decided to put in a Sell Order at 8.1 with a target of 7.7 over this week. I will keep you updated if anything changes. Heiko
Question is....will NG just keep going up because of the war etc or will sense come back into reality and price will start to come down later this week? I'm looking at it rising tomorrow and maybe Wed before it will start falling. Will it hit 7.8 again over the next couple of days? If so, good time to enter a Sell Trade? I have no idea. Any input? Heiko
I put in a Buy Order at 6.9 as I just read that Russia is going to turn OFF the gas deliveries to Poland starting Wed Morning. I am expecting NG to go up with NG in Europe as Poland will have to get it's supplies from other countries - like the U.S. maybe? We shall see but maybe I can make some money back on what I lost last month :-) Stay safe!! Heiko