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TFC Commodity Trading Forum

Re: Ng/Lee *PIC*
In Response To: Ng/Trades ()

Nat Gas is still a bear. Just look at the price running up to the falling 20ema each and every time and selling off again. Same old b.s. Nothing has changed other than the last low has not broken down YET. Until price can clear a hold above the 20ema AND then clear 1st price resistance AND then clear the downtrendline we are all just pissing into the wind if on the long side. Amazing how bullish so many become on each and every dead cat bounce. Reminds me of Lucy and Charlie Brown and the old Football trick,lol. Need 'PROOF" of a trend change before getting long unless you are just channel trading. There is always a channel trade on most markets which is all I've been doing for too long now. But not with NG's tight price range. There are better fish to fry.

Messages In This Thread

Re: Ng/Lee *PIC*
Re: Ng/Lee
Re: Ng/Lee/CJ