quite simply, yesterday it rallied right to the 9 EMA
reversion to mean basically, and found resistance there - the
immediate downtrend can't be counted as over until we see a strong
close back above the 9 EMA
Posted by DigiNomad on 7th of Feb 2023 at 12:14 pm
TastyTrade guys were saying on Sunday (futures open show) that
everyone they know was effectively long NatGas. Dude made a good
point - if you are a trader and play probabilities, you have to
have at least a little bit on at this point. They recommended
selling premium only, which has been my approach (short
puts).
UNG - Watching it very
Posted by mla127 on 6th of Feb 2023 at 11:22 am
UNG - Watching it very short term for now ... downside momentum is slowing ...but doesn't mean it won't resume ... ;)
UNG 15m ... looking to
Posted by mla127 on 6th of Feb 2023 at 02:30 pm
UNG 15m ... looking to add (Playing it with BOIL)
UNG 15m ...
Posted by mla127 on 7th of Feb 2023 at 09:46 am
UNG 15m ...
UNG - Still focusing on
Posted by mla127 on 7th of Feb 2023 at 11:44 am
UNG - Still focusing on the 15m to manage this trade and add to it ... for now at least
UNG
Posted by mla127 on 7th of Feb 2023 at 12:42 pm
UNG
UNG ... Timing is so
Posted by mla127 on 7th of Feb 2023 at 03:29 pm
UNG ... Timing is so crucial with this ... gotta let this BOIL'ed a bit ... but careful to not getting burned doing it ... lol
UNG 15min ... Yesterday's divergent
Posted by mla127 on 8th of Feb 2023 at 12:05 pm
UNG 15min ... Yesterday's divergent high was a warning ... today's open confirmed it ...
UNG 15m ... Reminder
Posted by mla127 on 9th of Feb 2023 at 09:49 am
UNG 15m ... Reminder - Inventory at 10h30 ... Forecast -195B / Previous -151B
quite simply, yesterday it rallied
Posted by matt on 8th of Feb 2023 at 12:06 pm
quite simply, yesterday it rallied right to the 9 EMA reversion to mean basically, and found resistance there - the immediate downtrend can't be counted as over until we see a strong close back above the 9 EMA
TastyTrade guys were saying on
Posted by DigiNomad on 7th of Feb 2023 at 12:14 pm
TastyTrade guys were saying on Sunday (futures open show) that everyone they know was effectively long NatGas. Dude made a good point - if you are a trader and play probabilities, you have to have at least a little bit on at this point. They recommended selling premium only, which has been my approach (short puts).
I nibbled a little of
Posted by lsherrer on 6th of Feb 2023 at 02:46 pm
I nibbled a little of this too, @6.13.