Friday, July 12, 2013

Widows Maker #2 A.K.A. natural gas (/NG) (UNG)

Update to


Widows Maker A.K.A. natural gas (/NG) (UNG)


Firstly – I have NO position in Nat Gas – I had my share of losses because of being right at the wrong time or right at the right time and stopped out with insane spikes nat gas is famous for.

That being said – IF I wanted to trade it I would wait to go long (my long term bias is long) at the lower extension of the channel on the chart –that is where lower channel’s line and weekly TDST meet, as well as monthly Person pivots for August




blog comments OCCASIONALLY powered by Disqus