NG - Short the Monster
Natural Gas just had a monster rally and I'm going to ride it back down for a short term trade.
$2.14 has historically been a sticking point so I've opened a short position here on the E-mini contract (
QGU2020).
-1 @ $2.145
$2.14 has historically been a sticking point so I've opened a short position here on the E-mini contract (
QGU2020).-1 @ $2.145
Trade closed manually
After prices broke down a bit I put in a stop loss above $2.1 and immediately got hit. Bulls are being stubborn this morning.+1 @ $2.105
Profit: $100
Trade active
Opened a new short position on the September(U) contract.-1 @ $2.15
Trade closed manually
Not sure what the dealio is so I'm out. Moving on.-1 @ $2.185
Loss: $87.50
Note
Edit: +1 not -1Trade active
Trying this short again.-1 @ $2.34
Trade closed manually
+1 @ $2.32Profit: $50
Trade active
Last night. Short.-1 @ $2.535
Target $2.4
Trade closed manually
+1 @ $2.445Profit: $225
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.