Nat gas oct

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.

Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

Nat gas oct

OCT nat gas-

has come back to test a .618 fib level of the up move from the grind higher starting on 6-15-12. dipped a toe and Bought this morning @ 6.92 and 6.91. looks like we may try to close on the high for the day. This puts in a hammer candle doji and adds a little extra that the .618 level will hold. .786 level is 2. 75 These are the usual levels where a w2 retraces and then starts an upward w3. A break of 3.11 and 3.19 to the upside confirms the w3 set up and price targets are a full upward w3 @ 3.69.
Good trading

Messages In This Thread

Nat gas oct

Re: Nat gas oct

Forum Policy

Return to Index Read Responses