Hi Coral,
Appreciate your thoughts/comments, but I don't quite understand them.
Your post:
"
A buy set up has occurred in the trading range. If my price is hit? This may be a short term trade as it trades near the top of the range. Be prepared to bail with you profits or take profits along the way. "
Are you looking at Aug. or Sept. ?? Tho, they are close, within about 0.02
What do you mean by "If my price is hit?" ???? Is that an entry price ??? And, if so, what is it ????
Price has just dropped from 4.575 to 4.525 on the Aug. contract in the last hour or less.
Yes, it has been my expectation that Ng would trade higher in the range but I would like to understand what you are "seeing" !!
Maybe you can describe what you are looking at on the chart since you never post one.
Thanks, Lee