Technical: Long opportunity observed in natural gas, as it is currently near the support zone. RSI(14) indicates it is on the near oversold territory and long term trend with EMA(200) indicates that it is currently ranging near ~$3 level, so locking-in profit within this area is quite reasonable to me.
Fundamental: EIA forecast the natural gas price will increase in 2018. Details can be found in the link.
Fundamental: EIA forecast the natural gas price will increase in 2018. Details can be found in the link.
Trade fermée manuellement:
I have closed 2 out of 3 position that I have now with profits. I observed a bull flag pattern is about to form and if it is confirmed, then I will open another 2 position at the lowest point of the flag.
Trade fermée manuellement:
Strong red candle which happened last night indicates that the bear is still under control. Closing the trade now with losses. I'm still going to monitor this for another potential oversold opportunity.