Long Position in Natural Gas

15 февр. 2024 г.

Natural Gas has broken important support zone of 160-165 this week & now trading at 135.

Natural gas is approaching its next major support zone of 128-120

CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.

SL would be below 119

Targets I'm expecting are 158 and 167 which was support zone before & now a resistance.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

16 февр. 2024 г.

Сделка активна

Still trading at 133-135

19 февр. 2024 г.

Сделка активна

CMP 128.50

Adding more position here.

20 февр. 2024 г.

Сделка активна

CMP 130

Long position open. My Average buying price is 132.

21 февр. 2024 г.

Сделка активна

CMP 141.7

NG 8% up!

21 февр. 2024 г.

Сделка активна

CMP 143.60

9% in profit.

22 февр. 2024 г.

Сделка активна

CMP 147.70

12.4% in profit.

28 февр. 2024 г.

Сделка активна

CMP 153

16.5% in profit.

29 февр. 2024 г.

Сделка закрыта: достигнута тейк-профит цена

CMP 157.20
Closing my trading position here.
20% move captured.

although it can still move till 165 but 20% is enough for me so closing here.

4 мар. 2024 г.

Сделка закрыта: достигнута тейк-профит цена

CMP 165

Although I closed my position at 157-158 after capturing 20% move.
All targets of my analysis hit today. 26% move captured overall.

:)