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TFC Commodity Trading Forum

Nat gas and BP and Facebook

Nat gas- retested the break at 3.40 yesterday
And is currently carving out a w2 zig zag on the 10 min intraday chart.
Could set up today for a w3 breakout for tomorrow's report.
( still long and looking to add on a break of today's intraday high @. 3.53) long way to go yet.

Facebook- looks like we are on the verge of starting a w3 on a break over 23.45( last high)
Trgt to 27.50 to 30.00
Holding longs and stop order buys placed above the 23.50 area

British pound- w4 forming in the BP on the daily.looks close to being completed. Would like to see a close near the daily high
For a bull candle set up. Buying today on a break of intraday high @ 16139
1st Trgt up around 16450.

Good trading
CK