Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Wow, NG busting out hard...10 day chart...

Hi Hal!
Ya, I saw that...had the tv on cnbc and saw the quote and did a 'double take'...blinked my eyes and looked again, lol....
I almost sold 1 of my positions before the report to take profit....glad I didn't! This is exactly why I should not 'trade it' but just let it ride to my objective...I would always lose trying to pick highs and lows...

Again...these weekly/monthly charts shows a lot of pent up 'energy' (there's that pun again) in the bollingers if one is willing to look and I believe it is just starting to show itself... Trades 'modified macd' in the weekly chart is now crossing up over the 0 line I believe....

We could hit $6 faster than anyone expects...and actually much higher...the disbelief that most have that this could even happen proves it probably will, lol, you and I know that is how this game works....

Cheers!

Messages In This Thread

Re: Wow, NG busting out hard...10 day chart...